Shareholder Update: Capital Raising ActivitiesMonday, 4 February...

Shareholder Update: Capital Raising Activities
Monday, 4 February 2013: Environmental Clean Technologies Limited (ASX: ESI) (ECT or
Company) wishes to advise the completion of a capital raising program to raise short term funding.
Interim Funding Measures
The Company has finalised a “FAST Finance” loan of $1,700,000 and placement of $506,515
managed through Greenard Willing and Platinum Road. The FAST Finance loan is an advance
against the expected R&D tax concession due in October-November 2013.
The Board believes that this is a reasonable source of short-term finance and an appropriate
arrangement.
The key terms of the FAST Finance loan are as follows:
? Term: 12 months
? Repayment: Cash in full from the R&D tax rebate refund
? Interest Rate: 15% p.a. payable upfront
The key terms of the placement are as follows:
? Average of the 3 daily VWAP prior to settlement x 80%
Mr Michael Davies, Executive Chairman said “We appreciate the patience of our shareholders as
we work with Monash Capital on our longer-term funding to ensure the best interests of both
parties are accommodated. In the meantime, these interim funding measures will allow us to
maintain the momentum of the Commercial Demonstration Plant (CDP) delivery program, and
ongoing operational funding.”
A further update on the status of the DFT will be released in coming weeks.
2012 FAST Finance loan satisfied
The Company established a $1,300,000 FAST Finance loan facility last year (announcements 19
July and 8 October 2012).
This loan has been satisfied via a combination of cash repayment and issuance of ECT securities.
The 2012 FAST Finance loan has been repaid in full.
Status of Monash Capital Share Placement Settlement
The ‘Monash Capital’ funding program approved under Resolution 6 at the Annual General
Meeting on 29 November 2012 is progressing. The Company will make a further announcement as
outcomes are reached.
Trading Halt
The Company requests a lifting of the trading halt requested on 31 January 2013.