tiprankstipranks
Company Announcements

Environmental Clean Technologies Secures Funding and Announces Board Changes

Story Highlights
Environmental Clean Technologies Secures Funding and Announces Board Changes

Discover the Best Stocks and Maximize Your Portfolio:

Environmental Clean Technologies Limited ( (AU:ECT) ) has shared an update.

Environmental Clean Technologies Limited has announced the successful raising of $750,000 through a share placement to support the COLDry Fertiliser Project, acquisitions strategy, and working capital. The company is advancing its joint venture with ESG Agriculture, with field trials for its net-zero COLDry fertiliser set to begin in early 2025. Additionally, the company has made significant board changes, appointing Joseph van den Elsen as Non-Executive Chairman, reflecting its focus on growth and acquisition opportunities in clean technologies.

More about Environmental Clean Technologies Limited

Environmental Clean Technologies Limited is an ASX-listed company focused on clean technologies, with a primary emphasis on developing its patented COLDry technology. The company aims to refine lignite into high-calorific fuel and feedstock, targeting the sustainable agriculture industry through joint ventures.

Current Market Cap: A$6.23M

For a thorough assessment of ECT stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1