Repayment of Loan Facility
Environmental Clean Technologies Limited (ASX: ESI) (ECT or Company) is pleased to provide the following update to shareholders.
The Company has repaid in full the ‘Fast Finance Follow-on’ loan facility arranged through Platinum Road. This repayment brings the Company’s debt level to zero.
The Company previously announced (5 May 2015) the extension of its, then existing, Fast Finance loan facility by $1.2M, to be drawn in tranches of $300,000. The Company subsequently only drew the first $300,000 tranche of this $1.2M.
For further information, contact:
Ashley Moore – Managing Director [email protected]