Announcements

Placing to raise £90,000, Issue £60,300 of Convertible Loan Notes, CoalTech Sukuk and Total Voting Rights

Published on 30/6/2023 • Category:

Clean Invest Africa Plc, the AQUIS quoted investment company is pleased to announce the successful completion of a placing (the “Placing”), to raise £90,000 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.

The Company is also pleased to announce that it has issued unsecured convertible loan notes for a total of £60,300 (the “CLNs”). The funds raised as a result of the issue of the CLNs will also be used to provide additional working capital for the Company.

Coaltech is continuing the development of its marketing and commercialization strategy with a number of ongoing initiatives currently at advanced stage of development. A trading update will be released shortly, providing information on the key projects, including the starting of commercial operation of the Bulpan Plant, by the south African subsidiary, CASA.

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Mr. Noel Lyons and Mr. Paul Ryan Settlement Agreement and Resignation

Published on 30/6/2023 • Category:

The coal industry globally is currently experiencing a surge in demand. This demand ought to lead to a renewed interest in the clean up technology and capabilities of CIA’s CoalTech business. Mr. Lyons and Mr. Ryan have other developing coal interests which may have an interest in CoalTech’s environmentally friendly capabilities and therefore they consider it prudent to step aside to avoid any potential conflict of interest.

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Total Voting Rights

Published on 30/12/2022 • Category:

In accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, the Board of CIA confirms that the Company has 1,813,863,402 ordinary shares of 0.25 pence each in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury.

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Placing to raise £155,000 and Total Voting Rights

Published on 8/12/2022 • Category:

Clean Invest Africa Plc, the AQUIS quoted investment company is pleased to announce the successful completion of a placing (the “Placing”), to raise £155,000 to support the continuing growth of its wholly- owned subsidiaries, CoalTech Limited (“CoalTech”) and Coal Agglomeration South Africa (Pty) Ltd (“CASA”), and to provide limited working capital to the Group.

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Trading Update

Published on 6/12/2022 • Category:

Coaltech continues to seek out commercial terms for the supply of its coal agglomeration plant technology, notwithstanding limited funds available to Coatltech. Lead times on sales are proving extremely long and despite significant investment over a number of years no sales have been achieved thus far. The pipeline nevertheless remains strong, but the Company’s success depends upon an eventual conversion of commercial discussions into a commercial contract.

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Interim Consolidated Results to 30 June 2022

Published on 30/9/2022 • Category:

I am pleased to present the interim financial results of the Group for the period 1 January 2022 to 30 June 2022.

Whilst the past period has continued to be extremely challenging, Clean Invest Africa is looking forward to the next period with significant optimism due to the potential of a substantial and strong pipeline which includes the commercialisation of Coal Agglomeration South Africa (“CASA”), industrial pelletising plant (“CASA Plant”), in South Africa, the ongoing discussion with various customers and potential partners leading to the development of joint ventures in different geographical areas which will be responsible for the construction and operation of further fines pelletizing plants, not only related to coal but also other minerals such as, for example, ilmenite and phosphate.

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Result of AGM

Published on 4/7/2022 • Category:

Clean Invest Africa plc (AQSE: CIA) is pleased to announce that following the Annual General Meeting held today, 4 July 2022, all resolutions were duly passed.

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CoalTech Announces Commencement of Commercial Production

Published on 4/7/2022 • Category:

CoalTech to commence commercial coal production, initially 3,500 tonnes per month and rising to 7,000/7,500 tonnes per month in 2023.

Clean Invest Africa Plc is pleased to announce the commencement of commercial production by its clean coal subsidiary, CoalTech. The commencement of this commercial production strategy involves the full operationalisation and commercialisation of its existing pelletising plant at its South African Bulpan site. Previously the plant was, as announced, used extensively as a test facility for potential large-scale clients. CoalTech believes it has successfully completed sufficient client testing with an almost 100% client satisfaction outcome and that the time is now right to commence in-house commercial production.

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Total Voting Rights

Published on 30/6/2022 • Category:

In accordance with the Financial Conduct Authority’s Disclosure and Transparency Rules, the Board of CIA confirms that the Company has 1,782,863,402 ordinary shares of 0.25 pence each in issue, each share carrying the right to one vote. The Company does not hold any Ordinary Shares in treasury.

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