Clean TeQ Announces Capital Structure Update
MELBOURNE, Aug. 24, 2020 - Clean TeQ Holdings Ltd. (Clean TeQ or Company) (ASX/TSX:CLQ; OTCQX:CTEQF) advises that the following performance rights have lapsed on 21 August 2020 as they have not met their performance conditions:
| ASX Code | Number of securities and description |
| CLQAA | 523 Performance Rights expiring 1 January 2021 |
| CLQAA | 1,686 Performance Rights expiring 1 July 2021 |
| CLQAA | 38,053 Performance Rights expiring 1 January 2022 |
| CLQAA | 66,509 Performance Rights expiring 1 July 2022 |
| CLQAA | 142,573 Performance Rights expiring 1 January 2023 |
The Company’s current capital structure therefore constitutes of the following classes of securities:
| ASX Code | Total number of securities and description |
| CLQ | 746,460,205 Fully Paid Ordinary Shares |
| CLQAA | 456,800 Performance Rights expiring 1 January 2021 |
| CLQAA | 783,009 Performance Rights expiring 1 July 2021 |
| CLQAA | 2,018,347 Performance Rights expiring 1 January 2022 |
| CLQAA | 2,408,330 Performance Rights expiring 1 July 2022 |
| CLQAA | 3,074,381 Performance Rights expiring 1 January 2023 |
| CLQAA | 6,494,459 Performance Rights expiring 1 July 2023 |
| CLQAI | 350,000 Options exercisable at $0.95 each expiring 31 August 2020 |
| CLQAI | 75,000 Options exercisable at $1.73 each expiring 6 November 2020 |
| CLQAI | 5,000,000 Options exercisable at $1.80 each expiring 4 December 2020 |
| CLQAI | 500,000 Options exercisable at $1.63 each expiring 12 March 2021 |
| CLQAI | 1,000,000 Options exercisable at $1.88 each expiring 19 February 2021 |
| CLQAI | 7,537,130 Options exercisable at $0.53 each expiring 9 August 2023 |
For more information, please contact:
Ben Stockdale, CFO and Investor Relations +61 3 9797 6700
This announcement is authorised for release to the market by the Board of Directors of Clean TeQ Holdings Ltd..
About Clean TeQ Holdings Limited (ASX/TSX: CLQ) – Based in Melbourne, Australia, Clean TeQ is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX? continuous ion exchange technology. For more information about Clean TeQ please visit the Company’s website www.cleanteq.com.
About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales. Clean TeQ Sunrise is one of the largest cobalt deposits outside of Africa, and one of the largest and highest-grade accumulations of scandium ever discovered.
About Clean TeQ Water – Through its wholly owned subsidiary Clean TeQ Water, Clean TeQ is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal and zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water. For more information about Clean TeQ Water please visit www.cleanteqwater.com.
