CNQ - Clean TeQ Water

Clean TeQ Water is currently a wholly owned subsidiary of Sunrise Energy Metals (SRL), focused on the engineering design, procurement and commissioning of water treatment plants for clients in the municipal, industrial and mining sectors. Clean TeQ Water is also actively engaged in research and development into complementary value adding new technologies.

Clean TeQ Water intends to maximise value for shareholders by becoming a globally renowned and respected designer and provider of cost effective water treatment plants and equipment based on its proprietary portfolio of innovative technologies to customers around the world. Clean TeQ Water has a proven track record in the successful commercialisation of new technologies as demonstrated by the delivery of commercial scale, proprietary designed, water treatment plants.

Clean TeQ Water is focused on growing sales revenue by winning new customers with the aim that sustainable corporate profitability and positive cashflow is achieved within the next two years.

It is anticipated that CNQ will list on the ASX during July 2021.

Isn't this the old Clean TeQ (ASX code then CLQ) that was absorbed into Sunrise Energy

from April 2021

About Sunrise Energy Metals Limited (ASX: SRL)
Based in Melbourne, Australia, Sunrise Energy Metals is a global leader in metals recovery and industrial water treatment through the application of its proprietary Clean-iX® continuous ion exchange technology. For more information about Sunrise Energy Metals please visit the Company's website www.sunriseem.com.

About the Sunrise Project
Sunrise Energy Metals is the 100% owner of the Sunrise Project, located in New South Wales. The Sunrise Project is one of the largest cobalt deposits outside of Africa, and one of the largest and highest-grade accumulations of scandium ever discovered.


About Clean TeQ Water
Through its wholly owned subsidiary Clean TeQ Water, Sunrise Energy Metals is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal and zero liquid discharge. The sectors of focus include municipal wastewater, surface water, industrial waste water and mining waste water. For more information about Clean TeQ Water please visit www.cleanteqwater.com.

Recently put this in watch-list, seems to be preforming strongly, put on 76.13% in profit just this last couple of days. Must have good business structure. Can't get any charting action with my broker, try 1hr chart 3 months. Just recently listed and shat out of the gates. I believe it would be impressive. On the radar 8th of July @ price 0.775c, up 13% today to $1.365 solid move. 13/7/21

Clean Teq Water (ASX:CNQ) is up 5% after securing a contract to design, procure, deliver, and install a HIROX (High Recovery Reverse Osmosis) plant to treat bore water used for enhanced oil recovery in the Middle East. The contract counterparty is the National Energy Services Reunited Corp (NESR) which has established a Water Conservation and Management business focused on improving water availability and reuse in the oil and gas sector.

CNQ says its suite of water technologies are targeted for these applications and provide NESR with competitive advantage in this market sector.

The award of this significant contract is further testament to our ability to provide the best water treatment solutions across multiple industries, CEO Willem Vriesendorp said.

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The Oil and Gas sector is a tremendous opportunity for the adoption of high recovery water and reuse technology. Our HIROX process is one of our world leading treatment technologies that will ensure Clean TeQ Water can compete with the world's best water treatment companies.

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Quarterly has seen CNQ lift ... back to above 60c

Key financial highlights for Q4 FY22 include:
• Quarterly cash receipts of $2.5m up by 60% from the previous quarter ($1.6m)
• Net cash used in operating activities was $2m, down from $3.3m in March 2022 quarter
• The Company had $5.9m cash on hand as at 30 June 2022

Key Operational highlights include:
• New $5 million contract signed with Power and Water Corporation for a Bore Water Treatment Plant in the Northern Territory
• Ordos flagship 12,000 tons/day BIONEX™ nitrate removal project handed over to customer for ongoing operation of the main resin circuit
• Continued progress across projects under implementation:
o Koumala drinking water supply project in commissioning phase
o Hassall EVAPX® agricultural by-product wastewater recycling site construction started
o NESR HIROX® bore water treatment and reinjection water supply project design and manufacturing completed
• NematiQ progressed towards field piloting by converting recently produced membrane sheets into membrane elements and skids
• Repeat work including service fees, aftermarket sales, test work and piloting was $208k for the quarter
• Total FY21/22 cash receipts were $9.2m

Group Financial Outlook
• Strong Group revenue outlook for FY23 is led by an order of around $10 million for the delivery of a Recycled Water Treatment Facility at Cleveland Bay for Townsville City Council and the implementation of the recently awarded PWC contract for the Northern Territory
• Forecast revenues from contracts secured in Q1 of FY23 already exceed total FY22 revenue
• Group profitability outlook is expected to improve in FY23 led by additional projects, higher margins and increased aftermarket sales

Clean TeQ Water (CNQ) has completed the manufacture and delivery of a water treatment plant in the Northern Territory.

The water treatment plant will be used to remove uranium from bore water in Laramba, a remote indigenous community northwest of Alice Springs.

The contract was signed in May with Power Water Corporation as part of the Northern Territory’s Government’s $28 million program to improve water quality and supply infrastructure to prioritised areas of critical need. The project is the first plant to be delivered under the program.

Live chart: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^CNQ&p=0&t=1
Longer term: https://uk.advfn.com/p.php?pid=staticchart&s=ASX^CNQ&p=5&t=1

it's all about getting the Lithium out of brines .. a lot of companies grappling with the same issues ; does this crowd bring anything special to the table?
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Clean TeQ enters North American lithium market via technology-for-equity agreement between Go2Lithium Inc and LithiumBank Resources Corp
Highlights:
• Partnership established between LithiumBank Resources Corp and Go2Lithium Inc
• Go2Lithium is a 50/50 joint venture between Clean TeQ and Computational Geosciences Inc (a subsidiary of NYSE-listed Ivanhoe Electric) to commercialise Clean TeQ’s continuous direct lithium extraction (cDLE®) process
• Go2Lithium to become a strategic shareholder in LithiumBank through the issue, upon satisfaction of specific milestones, of up to 14 million shares which represents approx 25% of LithiumBank
• Licensing arrangement provides Clean TeQ with exposure to some of North America’s largest brine assets:
- The Boardwalk Project (NI 43-101 PEA completed in June 2023) contains over 6Mt of contained lithium carbonate equivalent
- The Park Place Project comprises a land package of over 1.6 million acres over the Leduc Formation, with a NI 43-101 Resource Estimate expected in 2H 2023
• Licensing agreement provides LithiumBank with access to Clean TeQ’s cDLE® technology that, based on laboratory test results, is expected to significantly improve the economics of North American lithium brine projects
• Clean TeQ to ship its cDLE® pilot plant to Canada in coming months to accelerate piloting on LithiumBank brines
• Transaction represents the first of several potential transactions for Go2Lithium with developers of lithium brine assets


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DNH

sideways for a while, now $0.37

... now TH for a cap raise

Dona Ferentes said:

sideways for a while, now $0.37
... now TH for a cap raise

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took a while, & now back trading.

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Quarterly out .. in fine fettle and looking forward to further calls on investor funds in the future

Key highlights Q3 FY24 include:
- Heathgate Resources Uranium and Townsville Water Recycling projects remain on-track and budget.
- cDLE® pilot plant arrived and installed at LithiumBank facility in Calgary, Canada prior to commissioning in next quarter
- LithiumBank updated PEA (Boardwalk Project) using cDLE® technology resulted in $600m improvement in NPV.
- Commencement of on-site piloting of PHOSPHIX® Technology with Enva and DESALX® technology with Nyrstar in Europe.
- Commencement of laboratory trials of ATA® technology for rapid tailings dewatering with global miner, Anglo American in Brazil.
- NematiQ’s Graphene Membrane has achieved an important milestone with certification for drinking water use by WaterMark (AS 3497:2021).
- First contract under the Technology License Agreement with BEIE to assist with the design of a HIROX® plant in China.
- Quarterly cash receipts from customers and grants of $5.6m up from $5.5m in the previous quarter.
- Positive net cash flows of $1.7m up from $0.4m in the previous quarter.
-The Company has $4.1m in cash reserves as at 31 March 2024, up from $2.5m in the previous quarter.

Post quarter end announced a $2m placement to institutional and sophisticated investors and alongside the initiation of a Share Purchase Plan aimed at raising
approx. $1m. Both at $0.31 a share. Additionally, a $2m term sheet was executed for a non-binding senior secured loan facility.
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DNH