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Clean TeQ Holdings Limited (CLQ.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.2550-0.0250 (-8.93%)
At close: 3:02PM EDT
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Previous Close0.2800
Open0.2300
Bid0.2400 x N/A
Ask0.2550 x N/A
Day's Range0.2300 - 0.2550
52 Week Range0.0950 - 0.3600
Volume99,100
Avg. Volume107,430
Market Cap175.106M
Beta (5Y Monthly)1.30
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Clean TeQ Provides Notice of Change of Director's Interest - Mr Sam Riggall

    MELBOURNE, Australia, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Clean TeQ Holdings Limited (‘Clean TeQ’ or ‘Company’) (ASX/TSX: CLQ; OTCQX:CTEQF) gives notice via the attached Appendix 3Y of on-market acquisitions of shares by Agerasia Pty Ltd as trustee for Agerasia Super Fund - SMSF.Mr Sam Riggall continues to remain a beneficial holder and controller of shares in Agerasia Pty Ltd. An updated statutory disclosure is attached for Mr Riggall.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 Limited. 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.Rule 3.19A.2Appendix 3YChange of Director’s Interest NoticeInformation or documents not available now must be given to ASX as soon as available.  Information and documents given to ASX become ASX’s property and may be made public.Introduced 30/09/01  Amended 01/01/11Name of entityClean TeQ Holdings Limited ABN34 127 457 916 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of DirectorSam Riggall Date of last notice9 September 2020 Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trustNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.Direct or indirect interestIndirect Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.  Shares held by Salitter Pty Ltd, Agerasia Pty Ltd and The JTM Foundation are held under HSBC Custody Nominees (Australia) Limited. Salitter Pty Ltd Mr Sam Riggall is a director and a shareholder of Salitter Pty Ltd which holds Fully Paid Ordinary Shares in the Company as trustee for The Salitter Trust, of which Mr Riggall is a beneficiary. Agerasia Pty Ltd Mr Sam Riggall is a director and a shareholder of Agerasia Ltd which holds Fully Paid Ordinary Shares in the Company as trustee for Agerasia Super Fund - SMSF, of which Mr Riggall is a beneficiary. The JTM Foundation Mr Sam Riggall is a director of The JTM Foundation, a private ancillary fund established as a philanthropic trust for the sole purpose of providing grants to eligible charities. Date of change08 September 2020 No. of securities held prior to changeDirect 1. 4,879,930 Fully Paid Ordinary Shares 2. 100,757 Unlisted Performance Rights (vesting date 1 January 2021) 3. 142,341 Unlisted Performance Rights (vesting date 1 July 2021) 4. 348,742 Unlisted Performance Rights (vesting date 1 January 2022) 5. 408,117 Unlisted Performance Rights (vesting date 1 July 2022) 6. 1,000,000 Unlisted Options exercisable at $0.53 each (expiring 9 August 2023)Indirect Salitter Pty Ltd 14,084,464 Fully Paid Ordinary Shares Agerasia Pty Ltd 1,681,589 Fully Paid Ordinary Shares The JTM Foundation 6,270,154 Fully Paid Ordinary Shares ClassFully Paid Ordinary Shares Number acquired15,346 Number disposed- Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation $5,074 No. of securities held after changeDirect 1. 4,879,930 Fully Paid Ordinary Shares 2. 100,757 Unlisted Performance Rights (vesting date 1 January 2021) 3. 142,341 Unlisted Performance Rights (vesting date 1 July 2021) 4. 348,742 Unlisted Performance Rights (vesting date 1 January 2022) 5. 408,117 Unlisted Performance Rights (vesting date 1 July 2022) 6. 1,000,000 Unlisted Options exercisable at $0.53 each (expiring 9 August 2023)Indirect Salitter Pty Ltd 14,084,464 Fully Paid Ordinary Shares Agerasia Pty Ltd 1,696,935 Fully Paid Ordinary Shares The JTM Foundation 6,270,154 Fully Paid Ordinary Shares Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-backOn-market acquisition. Part 2 – Change of director’s interests in contractsNote: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.Detail of contractN/A Nature of interest N/A Name of registered holder (if issued securities) N/A Date of changeN/A No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed N/A Interest acquiredN/A Interest disposedN/A Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation N/A Interest after changeN/A Part 3 – +Closed periodWere the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?No If so, was prior written clearance provided to allow the trade to proceed during this period?N/A If prior written clearance was provided, on what date was this provided?N/A

  • GlobeNewswire

    Corporate Restructure to Separate Sunrise from Water Division

    Review of Potential Spin-Out Underway          One for Ten Share Consolidation Proposed for Approval at AGM MELBOURNE, Australia, Sept. 13, 2020 (GLOBE NEWSWIRE) --  Co-Chairman, Robert Friedland, and CEO, Sam Riggall, of Clean TeQ Holdings Limited (‘Clean TeQ’ or ‘Company’) (ASX/TSX:CLQ; OTCQX:CTEQF) provide the following update on a range of corporate activities currently underway which are aimed at enhancing shareholder value.SEPARATION OF SUNRISE FROM WATER BUSINESSClean TeQ’s water division is focused on the design, procurement, construction and operation of tailored water purification and recycling solutions in the mining, municipal and agri-food sectors. It also undertakes significant research and development into new water treatment technologies, including BIOCLENS®, and through the Company’s interest in the NematiQ joint venture, which is pursuing the development of graphene oxide membranes for water purification.In the past 12 months Clean TeQ Water has demonstrated the efficacy of its proprietary technologies at projects in Oman, Australia and the DRC and is now well established to secure and grow a healthy pipeline of new work.  With design, engineering and manufacturing facilities located in Australia and China, it is well positioned to capitalise on a rapidly growing water treatment market.This success provides Clean TeQ with the opportunity to consider a separation of its water division from the remainder of its business, comprising the Sunrise Project and the Company’s other mineral exploration activities in New South Wales.Establishing stand-alone, separately-listed entities will allow shareholders to more readily manage their own desired exposure to each of the businesses, as well as simplifying the investment proposition to new investors.   In the case of Sunrise, it also provides an opportunity to pursue investment and funding structures using a corporate vehicle comprising an asset suite focused exclusively on battery materials.    The Company has commenced a formal review for consideration of the Board, which will provide a recommendation to shareholders in due course.  The review will consider taxation, structuring and other regulatory implications.  The Company expects to conclude the review in Q4 of CY 2020.SHARE CONSOLIDATIONAs per the Notice of Annual General Meeting dated 11 September 2020, the Company is seeking shareholder approval for the Company to consolidate its issued share capital through the conversion of every ten shares into one share (‘Share Consolidation’). The Company currently has approximately 746 million Shares on issue. The Board considers it more appropriate to have a smaller number of shares on issue and a correspondingly higher share price. The Board also considers that the Share Consolidation will result in a more appropriate and effective capital structure for the Company and a share price more appealing to a wider range of investors, particularly offshore institutional investors.The consolidation will also likely result in a more appropriate and transparent share price outcome for shareholders if a separation of the businesses is to proceed. The Notice of Annual General Meeting dated 11 September 2020 contained an indicative timetable in relation to the proposed share consolidation. That indicative timetable and process will apply to shareholders in Australia. Canadian registered shareholders should expect to receive a letter of transmittal from the Company which will set out the instructions required to receive their shares on a post-share consolidation basis.TSX LISTINGClean TeQ is also undertaking a cost-benefit analysis of the Company’s secondary listing on the Toronto Stock Exchange (‘TSX’).  Approximately 1.6% of Clean TeQ’s shares are held on the TSX share register.  The review will also consider what impact a delisting from TSX may have on streamlining and simplifying any applicable regulatory processes if a separation of the businesses is to proceed.            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 Limited.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.FORWARD-LOOKING STATEMENTSCertain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. These statements reflect the Company’s current expectations regarding future events, performance and results, and speak only as of the date of this new release.Statements in this news release that constitute forward-looking statements or information include, but are not limited to, statements regarding: the potential for a spin-out from the consolidated Clean TeQ group of either the Water Business Unit or the Metals Business Unit; Clean TeQ share price outcomes upon the occurrence of a share consolidation; and the ability of new corporate entities to simplify their investment proposition and market themselves to new investors.  Readers are cautioned that actual results may vary from those presented. All such forward-looking information and statements are based on certain assumptions and analyses made by Clean TeQ’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believe are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information or statements including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts to perform as agreed; changes in commodity prices; unexpected failure or inadequacy of infrastructure, or delays in the development of infrastructure, and the failure of exploration programs or other studies to deliver anticipated results or results that would justify and support continued studies, development or operations. Other important factors that could cause actual results to differ from these forward-looking statements also include those described under the heading "Risk Factors" in the Company's most recently filed Annual Information Form available under its profile on SEDAR at www.sedar.com.Readers are cautioned not to place undue reliance on forward-looking information or statements.Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

  • GlobeNewswire

    Clean Teq Provides Notice of Change of Director's Interest - Robert Friedland

    MELBOURNE, Australia, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Clean TeQ Holdings Limited (‘Clean TeQ’ or ‘Company’) (ASX/TSX: CLQ; OTCQX:CTEQF) advises that the Company’s Co-Chair and largest shareholder, Mr Robert Friedland, has increased his holding in Clean TeQ through on-market and off-market acquisitions of fully paid ordinary shares.Mr Friedland’s shares are held under JP Morgan Nominees Australia Limited and Canaccord Genuity (Australia) Limited and he continues to remain the beneficial holder and controller of those shares.An updated statutory disclosure is attached for Mr Friedland.    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 Limited.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.Appendix 3YChange of Director’s Interest NoticeInformation or documents not available now must be given to ASX as soon as available.  Information and documents given to ASX become ASX’s property and may be made public.Introduced 30/09/01  Amended 01/01/11Name of entity                                  Clean TeQ Holdings Limited ABN                                                      34 127 457 916 We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act. Name of DirectorRobert Martin Friedland Date of last notice5 July 2018 Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trustNote: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.Direct or indirect interestIndirect Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.  Mr Friedland’s holdings are held under JP Morgan Nominees Australia Limited and Canaccord Genuity (Australia) Limited (registered holders). Mr Friedland continues to remain the beneficial holder and controller of those shares. Date of change1.  4 September 2020 2.  4 September 2020 3.  7 September 2020 4.  8 September 2020 5.  9 September 2020 No. of securities held prior to change96,600,896 Fully Paid Ordinary Shares ClassFully Paid Ordinary Shares Number acquired1.  2,765,020 2.  975,609 3.  3,252,432 4.  2,544,692 5.  1,604,365 Number disposedNil Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation1.  $606,645 2.  $200,000 3.  $944,831 4.  $841,530 5.  $534,093 No. of securities held after changeIndirect: JP Morgan Nominees Australia Limited: 96,600,896 Fully Paid Ordinary Shares Canaccord Genuity (Australia) Limited: 11,142,118 Fully Paid Ordinary Shares Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back1. On-market acquisition. 2. Off-market acquisition. 3. On-market acquisition. 4. On-market acquisition. 5. On-market acquisition. Part 2 – Change of director’s interests in contractsNote: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.Detail of contractN/A Nature of interest N/A Name of registered holder (if issued securities) N/A Date of changeN/A No. and class of securities to which interest related prior to change 6.    Note: Details are only required for a contract in relation to which the interest has changed  N/A Interest acquiredN/A Interest disposedN/A Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation  N/A Interest after changeN/A Part 3 – +Closed periodWere the interests in the securities or contracts detailed above traded during a +closed period where prior written clearance was required?No If so, was prior written clearance provided to allow the trade to proceed during this period?N/A If prior written clearance was provided, on what date was this provided?N/A