Re: Request to Lift Trading Halt
Environmental Clean Technologies Limited (ASX: ESI) requests the lifting of the trading
halt entered early yesterday, effective immediately.
Pursuant to ASX Listing Rule 17.1 the Company requested a trading halt in response to an
update appearing on the website of the Advanced Lignite Demonstration Program (ALDP)
stating the process had been finalised and letters of offer had been sent to successful
applicants.
In the absence of any communication from the government in relation to this status update
the Company sought clarification.
The government has responded to our request for clarification and confirmed that:
? The posted information has now been removed from the website
? The ALDP selection process has not been completed
? No applicant to the ALDP has been advised of any outcome from the program
The Company elected to enter a trading halt on the basis it believed the information on the
government website could have led to a false market due to it appearing on an official
source without matching confirmation from the Department.
The Company continues to await the outcome of the ALDP, a joint state and federal
initiative established to provide support funding to Companies, toward the cost of
demonstrating pre-commercial lignite upgrading technologies, that otherwise could not
proceed. The successful demonstration and subsequent commercialisation of low or zeroemission upgrading technologies on Victoria’s vast lignite reserves clearly supports
economic, energy and climate security.
Yours sincerely,
Adam Giles
Company Secretary
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.343M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $42 | 20.87K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
65 | 27388979 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 10486891 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
65 | 27388979 | 0.002 |
23 | 27862532 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 10486891 | 38 |
0.004 | 8513428 | 14 |
0.005 | 3676859 | 23 |
0.006 | 3178567 | 7 |
0.007 | 918333 | 2 |
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