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CleanTech Lithium PLC Announces Transfer of Loan Notes at Regal Funds

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CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF) has announced the transfer of AUD Loan Notes from one Regal Funds associate to another. On July 1, 2024, Regal Tactical Credit Fund (RTCF) subscribed for A$3,000,000 of Loan Notes. The company has now consented to transfer the beneficial ownership of these Loan Notes and associated Warrants to Regal Emerging Companies Opportunities Fund Pty (RECOF). Both funds are managed by Regal Funds Management Pty (RFM). There are no changes to the terms of the Loan Notes or any other matters mentioned in the July 1 announcement.

CleanTech Lithium PLC (AIM:CTL)(Francoforte:T2N)(OTCQX:CTLHF) ha annunciato il trasferimento di Note di Prestito AUD da un'associata di Regal Funds a un'altra. Il 1° luglio 2024, il Regal Tactical Credit Fund (RTCF) ha sottoscritto per 3.000.000 AUD di Note di Prestito. L'azienda ha ora acconsentito a trasferire la proprietà economica di queste Note di Prestito e dei relativi Warrants al Regal Emerging Companies Opportunities Fund Pty (RECOF). Entrambi i fondi sono gestiti da Regal Funds Management Pty (RFM). Non ci sono modifiche ai termini delle Note di Prestito o ad altre questioni menzionate nell'annuncio del 1° luglio.

CleanTech Lithium PLC (AIM:CTL)(Fráncfort:T2N)(OTCQX:CTLHF) ha anunciado la transferencia de Notas de Préstamo AUD de un asociado de Regal Funds a otro. El 1 de julio de 2024, Regal Tactical Credit Fund (RTCF) suscribió 3,000,000 AUD en Notas de Préstamo. La empresa ha consentido ahora en transferir la propiedad económica de estas Notas de Préstamo y los Warrants asociados al Regal Emerging Companies Opportunities Fund Pty (RECOF). Ambos fondos están gestionados por Regal Funds Management Pty (RFM). No hay cambios en los términos de las Notas de Préstamo ni en ningún otro asunto mencionado en el anuncio del 1 de julio.

CleanTech Lithium PLC (AIM:CTL)(프랑크푸르트:T2N)(OTCQX:CTLHF)는 Regal Funds의 한 계열사에서 다른 계열사로 AUD 대출 노트를 이전한다고 발표했습니다. 2024년 7월 1일, Regal Tactical Credit Fund (RTCF)는 3,000,000 AUD의 대출 노트를 인수했습니다. 회사는 이제 이러한 대출 노트 및 관련 워런트의 실질 소유권을 Regal Emerging Companies Opportunities Fund Pty (RECOF)로 이전하는 데 동의했습니다. 두 펀드는 모두 Regal Funds Management Pty (RFM)에서 관리하고 있습니다. 대출 노트의 조건이나 7월 1일 발표된 기타 사항에 대한 변경 사항은 없습니다.

CleanTech Lithium PLC (AIM:CTL)(Francfort:T2N)(OTCQX:CTLHF) a annoncé le transfert de Billets de Prêt AUD d'une filiale de Regal Funds à une autre. Le 1er juillet 2024, le Regal Tactical Credit Fund (RTCF) a souscrit 3 000 000 AUD de Billets de Prêt. L'entreprise a maintenant consenti à transférer la propriété économique de ces Billets de Prêt et des warrants associés au Regal Emerging Companies Opportunities Fund Pty (RECOF). Les deux fonds sont gérés par Regal Funds Management Pty (RFM). Il n'y a aucun changement dans les conditions des Billets de Prêt ou dans d'autres sujets mentionnés dans l'annonce du 1er juillet.

CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF) hat die Übertragung von AUD-Darlehensscheinen von einem Regal Funds-Partner zu einem anderen angekündigt. Am 1. Juli 2024 zeichnete der Regal Tactical Credit Fund (RTCF) Darlehensscheine im Wert von 3.000.000 AUD. Das Unternehmen hat nun zugestimmt, das wirtschaftliche Eigentum an diesen Darlehensscheinen und den damit verbundenen Warrants auf den Regal Emerging Companies Opportunities Fund Pty (RECOF) zu übertragen. Beide Fonds werden von Regal Funds Management Pty (RFM) verwaltet. Es gibt keine Änderungen der Bedingungen der Darlehensscheine oder anderer in der Bekanntmachung vom 1. Juli erwähnter Angelegenheiten.

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JERSEY / ACCESSWIRE / August 27, 2024 / CleanTech Lithium PLC (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF), an exploration and development company advancing sustainable lithium projects in Chile, announces the transfer of AUD Loan Notes (Loan Notes) from one Regal Funds1 associate to another Regal Funds associate.

On 1 July 2024, the Company announced that Regal Tactical Credit Fund (RTCF), of which Regal Funds Management Pty Ltd (RFM) is a trustee, subscribed for A$3,000,000 of the Loan Notes. The Company has recently received a request by RFM to transfer the beneficial ownership of the Loan Notes and Warrants held by RTCF to Regal Emerging Companies Opportunities Fund Pty Ltd (RECOF), of which RFM is also a trustee, to which it has consented

There are no other changes to the terms of the Loan Notes and/or any other matters referred to in the announcement on 1 July 2024.

1Regal Funds comprise Regal Funds Management Pty Limited and its associates (including Regal Partners Limited, of which Regal Funds Management Pty Limited is a wholly owned subsidiary) which act as trustee and investment advisor for certain funds including Regal Tactical Credit Fund and Regal Emerging Companies Opportunities Fund Pty Ltd

For further information contact:

CleanTech Lithium PLC

Steve Kesler/Gordon Stein/Nick Baxter

Jersey office: +44 (0) 1534 668 321
Chile office: +562-32239222

Or via Celicourt

Celicourt Communications
Felicity Winkles/Philip Dennis/Ali AlQahtani

+44 (0) 20 7770 6424
cleantech@celicourt.uk

Beaumont Cornish Limited (Nominated Adviser)
Roland Cornish/Asia Szusciak

+44 (0) 20 7628 3396

Fox-Davies Capital Limited (Joint Broker)
Daniel Fox-Davies

+44 (0) 20 3884 8450
daniel@fox-davies.com

Canaccord Genuity (Joint Broker)
James Asensio

+44 (0) 20 7523 4680

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated Adviser and is authorised and regulated by the FCA. Beaumont Cornish's responsibilities as the Company's Nominated Adviser, including a responsibility to advise and guide the Company on its responsibilities under the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed solely to the London Stock Exchange. Beaumont Cornish is not acting for and will not be responsible to any other persons for providing protections afforded to customers of Beaumont Cornish nor for advising them in relation to the proposed arrangements described in this announcement or any matter referred to in it.

Notes

CleanTech Lithium (AIM:CTL)(Frankfurt:T2N)(OTCQX:CTLHF) is an exploration and development company advancing sustainable lithium projects in Chile for the clean energy transition. Committed to net-zero, CleanTech Lithium's mission is to produce material quantities of sustainable battery grade lithium products using Direct Lithium Extraction technology powered by renewable energy. The Company plans to be a leading supplier of 'green' lithium to the EV and battery manufacturing market.

CleanTech Lithium has two key lithium projects in Chile, Laguna Verde and Viento Andino, and hold licences in Llamara and Arenas Blancas (Salar de Atacama), located in the lithium triangle, a leading centre for battery grade lithium production. The two major projects: Laguna Verde and Viento Andino are situated within basins controlled by the Company, which affords significant potential development and operational advantages. All four projects have direct access to existing infrastructure and renewable power.

CleanTech Lithium is committed to using renewable power for processing and reducing the environmental impact of its lithium production by utilising Direct Lithium Extraction with reinjection of spent brine. Direct Lithium Extraction is a transformative technology which removes lithium from brine, with higher recoveries than conventional extraction processes. The method offers short development lead times with no extensive site construction or evaporation pond development so there is minimal water depletion from the aquifer. www.ctlithium.com.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: CleanTech Lithium



View the original press release on accesswire.com

FAQ

What is the recent announcement from CleanTech Lithium PLC (CTLHF) regarding its Loan Notes?

CleanTech Lithium PLC announced the transfer of AUD Loan Notes from one Regal Funds associate (Regal Tactical Credit Fund) to another (Regal Emerging Companies Opportunities Fund Pty ), both managed by Regal Funds Management Pty

How much was the original subscription amount for the Loan Notes issued by CleanTech Lithium (CTLHF) on July 1, 2024?

The original subscription amount for the Loan Notes issued by CleanTech Lithium on July 1, 2024, was A$3,000,000, subscribed by Regal Tactical Credit Fund.

Are there any changes to the terms of the Loan Notes following the transfer announced by CleanTech Lithium (CTLHF)?

No, there are no changes to the terms of the Loan Notes or any other matters referred to in the original July 1, 2024 announcement following the transfer.

What are the stock exchange listings for CleanTech Lithium (CTLHF)?

CleanTech Lithium is listed on AIM (CTL), Frankfurt Stock Exchange (T2N), and OTCQX (CTLHF).

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