ECT 0.00% 0.2¢ environmental clean technologies limited.

Dear Jon,Request for Voluntary SuspensionEnvironmental Clean...

  1. 52 Posts.
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    Dear Jon,Request for Voluntary SuspensionEnvironmental Clean Technologies Limited (ASX: ECT) (the Company) requests a voluntary suspension in thetrading of its securities, immediately following the expiry of its current trading halt, until the market openson 1 April 2019.In accordance with Listing Rule 17.2, the Company provides the following information:• ECT has partnered with two Indian Government Public Sector Undertakings (PSU’s) to advance thenext stage of the commercialisation of its Coldry and Matmor technologies (India project) NLC India Limited (NLCIL), India’s largest lignite miner and project hosto NMDC India (NMDC), India’s largest iron ore miner• On Wednesday 13 March 2019 a trading halt was granted to allow the Company to confirm theoutcome of NMDC’s board meeting, held on 12 March 2019, where it was anticipated that the RCAwould be tabled for consideration.• NMDC has confirmed that the RCA was not tabled at their recent board meeting, however theyhave restated their support for the project and intention to proceed. They have requested furthertime to complete their internal approval processes.• The Company is currently in discussions with NMDC to confirm the additional time required tocomplete these internal processes.• The Company understands that shareholders may be frustrated by these delays however resolutionof the timing of approvals is essential to maintaining an orderly and appropriately informed market.• The Company is not aware of any reason why the voluntary suspension should not be granted andwill provide further updates as they become available.Yours sincerely
 
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