Clean Invest Africa Plc (Aquis: “CIA”) is pleased to announce that it has successfully renegotiated an outstanding Loan Facility agreement with Contax Partners Inc. (beneficially owned by Filippo Fantechi) (“Lender”) with an outstanding balance of US$707,249 (approximately GBP 551,032).
The Company is pleased to announce that at the Annual General Meeting held today, all resolutions were duly passed.
The Company’s Annual General Meeting (“AGM”) will be held at 10.30 a.m. on 31 July 2024, at the offices of Peterhouse Capital Limited, 3rd Floor, 80 Cheapside, London, EC2V 6EE.
The Directors are pleased with the progress made in this period and look forward to continuing to update shareholders on the progress of the Group and the potentially exciting prospects ahead, some of which are developing at speed. Such prospects are of course conditional upon and dependent upon the Company raising further funding. We continue to seek new investment funding and we will advise shareholders as these opportunities develop.
Clean Invest Africa Plc, the mineral fines waste processing company quoted on the Aquis Growth Market, is pleased to announce that the Company has issued for nil consideration, on 26 February 2024, 20,670,000 Ordinary shares to Pascal Portmann, independent director. At the time of Pacal’s appointment, as announced on 31 August 2023, the board decided to review after approximately six months whether to issue the ordinary shares as performance-based compensation. Following the issue, Pascal is interested in 20,670,000 ordinary shares, representing 1.00 percent of the issued share capital.
Clean Invest Africa Plc is pleased to announce that it has successfully completed the conversion from debt to equity of the Facility Agreement convertible loan note (“CLN”), as set out in paragraph 8.13, Part VI of its Admission Document dated 14 June 2019. The CLN is now fully converted to equity.
Clean Invest Africa Plc, the mineral fines waste processing company quoted on the Aquis Growth Market, is pleased to announce the successful completion of a placing (the “Placing”), to raise £200,000 to support the continuing growth of its wholly owned subsidiaries, CoalTech Limited (“CoalTech”) and Coal Agglomeration South Africa (Pty) Ltd (“CASA”), and to provide working capital to the Group.
Clean Invest Africa Plc, the mineral fines waste processing company quoted on the Aquis Growth Market, is pleased to announce the successful completion of a placing (the “Placing”), to raise £210,000 to support the continuing growth of its wholly owned subsidiaries, CoalTech Limited (“CoalTech”) and Coal Agglomeration South Africa (Pty) Ltd (“CASA”), and to provide working capital to the Group.
Clean Invest Africa Plc (AQSE: CIA), the Aquis Growth Market quoted clean technology and renewable energy investment company, is pleased to announce that it has issued unsecured convertible loan notes for a total of £127,066 (the “CLNs”). The CLNs have an annual interest coupon rate of 8%, payable either in cash or in ordinary shares of the Company at sole discretion of the Investors, on a six month basis, at a conversion rate of 0.35 pence per share.
The Group has made excellent progress in the first 6 months of the year, continuing the development of key business opportunites with the addition of some new exciting prospects, which are developing reasonably fast and will contribute to meeting the year end target.