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An announcement from Environmental Clean Technologies Limited ( (AU:ECT) ) is now available.
Environmental Clean Technologies Limited has notified the market of the issue of 35 million unquoted options, each exercisable at $0.12 and expiring three years from their issue date of 23 December 2025. The options, which form a new class of unquoted equity securities not intended to be listed on the ASX, increase the company’s potential future capital base and may provide additional funding flexibility as it advances its clean technology initiatives, with implications for existing shareholders through possible future dilution if the options are exercised.
More about Environmental Clean Technologies Limited
Environmental Clean Technologies Limited is an Australian-listed company focused on developing and commercialising technologies for cleaner and more efficient use of resources and energy. The company operates in the environmental and clean technology sector, targeting solutions that can reduce emissions and improve sustainability outcomes for industrial and energy markets.
Average Trading Volume: 912,986
Technical Sentiment Signal: Sell
Current Market Cap: A$38.64M
Learn more about ECT stock on TipRanks’ Stock Analysis page.