Environmental Clean Technologies Limited provide the following update on the status of its R&D Loan facility provided by InvestVictoria. In line with previous announcements, the Company announced it has received its second draw of $788,000 from the $1,968,000 R&D loan facility with InvestVictoria, for FY22. This loan facility allows the forward factoring of accrued R&D Tax Incentive refunds, providing flexibility to the capital management plan by delivering cashflow when required, rather than waiting until after the tax return is lodged each year.
Environmental Clean Technologies Limited
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ECT
AU0000018137
Environmental Services & Equipment
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05-13 | Environmental Clean Technologies Signs National Distribution Agreement with Fulton | MT |
04-15 | Environmental Clean Technologies Secures Indian Patent for Steel-Making Process | MT |
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