Environmental Clean Technologies Limited (ASX:ESI) Vietnam's PM In Principal Agreement Of TinCom Investment In Coldry
Melbourne, Sep 11, 2009 AEST (ABN Newswire) - Environmental Clean Technologies Limited (ASX:ESI) wishes to clarify that recent press reports, including Dow Jones Newswires, announcing that Vietnamese Prime Minister Nguyen Tan Dung has provided public, in principle, agreement to allow Thang Long Investment and Commercial Joint Stock Company (TinCom) to invest in the production of Coldry pellets in Australia, have not been confirmed to the company directly by TinCom or the Vietnamese government.
"Whilst we are confident of ultimately receiving the necessary investment approvals to move this significant project forward, the Board and I feel that shareholders must be informed of the fact that we have received no official confirmation of these statements" said ECT Chief Executive, Kos Galtos.
"We recognise the significance of these reports and are actively seeking clarification from TinCom, so we may promptly advise the ASX as soon as substantive information is received."
About Environmental Clean Technologies Ltd
Environmental Clean Technologies Limited (ASX:ECT) bridges the gap between the current high emission reality and the zero-emission world of the future. ECT's technology aims to play a key role in the transitional pathway to net zero by utilising abundant low rank and waste fuel sources in a new, clean way. ECT's technology suite creates clean and reliable applications and products for the energy, agricultural and industrial sectors.
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