Environmental Clean Technologies - Intersuisse appointed to increase cash resources Wed, 1 Jul 2009 17:05:00 +1000       8 months, 3 weeks ago

Environmental Clean Technologies Limited ABN 28 009 120 405 Intersuisse appointed to increase cash resources Wednesday, 1 July 2009: Environmental Clean Technologies Limited (ASX:ESI) wishes to advise it has appointed Melbourne-based stockbroking and financial investment company Intersuisse to provide an option conversion facility to acquire and convert options that will increase ECT’s cash resources. Under the facility, Intersuisse will acquire and dispose of shares and options in ECT on its own account. Intersuisse will be paid a rebateable fee of $100,000 for establishment of the facility, which will be satisfied by the issue of approximately 2.1 million ECT options at a price of 4.7 cents per option.

A 10 percent commission on the amount of funds raised by the conversion of options will be paid by ECT to Intersuisse. Commission payable by ECT under the facility will be rebateable against the establishment fee. Intersuisse has also been commissioned to provide an analyst’s report, and ongoing coverage, on ECT for a fee of $40,000.

This will be satisfied by the issue of 597,015 shares at 6.7 cents per share. Further details contact Chief Executive Kos Galtos on 03 9684 0888. Coldry Process The world’s first economic method for dewatering brown coal, creating a high energy pellet with significantly reduced CO2 emissions compared to brown coal, while being suitable for export as a black coal substitute.

Matmor Process A one-step method for producing low-carbon iron from inexpensive, abundant brown coals and metal bearing media such as mill scale, nickel tailings and low grade iron ore. Level 1, 530 Little Collins Street  Melbourne  Victoria 3000  Australia  +61(0)3 96840888  www. ectltd.com.au.