Clean Invest Africa Plc (AQSE:CIA), the AQSE Exchange quoted investment company, is pleased to announce that its group subsidiary CoalTech Limited (“CoalTech”) has signed a business development agreement with Mr Daniel Lee in respect of providing business development capabilities to identify opportunities in the People’s Republic of China and the Republic of Indonesia. Mr Lee was an early investor in Clean Invest Africa, recognising the positive impacts that its proprietary technology can have on a worldwide basis and has an extensive network of personal contacts and relationships in these markets that will provide access to new opportunities for CoalTech.
Clean Invest Africa Plc (AQSE:CIA), the AQSE Exchange quoted investment company, is pleased to announce that its group subsidiary CoalTech Limited (“CoalTech”) has signed a Memorandum of Understanding (“MoU”) with the Exagogi group of companies in respect of Exagogi providing business development capabilities to identify business opportunities in India with CoalTech. Exagogi has a unique network of contacts and relationships in India and will provide access to market opportunities throughout the country.
CIA, Heads of Agreement for Feasibility Study and Commercialisation of a 5,000 tonnes per month pelletising plant in New South Wales, Australia, with offtake.
Clean Invest Africa plc is pleased to announce that its wholly owned subsidiary Coaltech Limited (“CoalTech”), has successfully negotiated and signed a Heads of Agreement with a New South Wales, Australia based entity to conduct a feasibility study for the establishment of a circa 5,000 tonnes per month coal pelletising plant which, if viable, would likely be contracted and operational in 2021.
CIA, expanding into higher value minerals and precious metals
* Coaltech technology to produce pellets from industrial mineral tailings
* Potential for high grade ore, minerals and solid based natural resources
* Initial contract award from mineral sands producer to produce pellets from ilmenite tailings
Clean Invest Africa Plc, the AQUIS quoted investment company is pleased to announce the successful completion of a placing (the “Placing”), to raise £150,000 to support the continuing growth of its wholly owned subsidiary CoalTech Limited (“CoalTech”) and Coal Agglomeration South Africa (Pty) Ltd (“CASA”) and to settle creditors and provide limited working capital to the Group.
CIA announces that, further to the guidance provided by Aquis on 31 March 2020, due to logistical issues arising from Covid-19 restrictions the Company has been granted an extension of one month for the publication of its annual Report and Accounts for the year ended 31 December 2019, and the Company has requested a further two months extension, with the intention to publish the Report and Accounts by 30 September 2020.
We refer to the announcements dated 5th July 2018 and 18th June 2019 in relation to the activities of Direct Market Touch Limited and their trading in the Company’s ordinary shares. We have been notified by the Financial Conduct Authority that their investigation into Direct Market Touch Limited is now closed and no further action is to be taken.
On 23 March 2020, a Directive was issued by the South African Government requiring a 21-day national lockdown, effective midnight Thursday 26 March 2020 to midnight Thursday 16 April 2020, in order to contain the spread of the coronavirus in the country (the “Lockdown Directive”).
Clean Invest Africa Plc (NEX:CIA), the NEX Exchange quoted clean technology and renewable energy investment company, is pleased to announce that CoalTech Group (“CoalTech”), its recently acquired subsidiary which has developed an innovative agglomeration solution that converts coal fines waste deposits into combustible coal pellets via a proprietary technology, has signed a joint venture agreement with Luxembourg based fund management company Creon Capital to jointly develop opportunities in Russia and CIS.