Sunrise Energy Metals Ltd (SREMF)

[drobx]

Clean TeQ commences a partnering process for its
wholly-owned Sunrise Battery Materials Complex

4 June 2019

https://clients3.weblink.com.au/pdf/CLQ/02111195.pdf

MELBOURNE, Australia – Clean TeQ Holdings Limited (Clean TeQ or Company)
(ASX/TSX:CLQ; OTCQX:CTEQF) today confirms that it has commenced a partnering
process for its wholly-owned Sunrise nickel, cobalt and scandium project located in central
New South Wales (Sunrise Battery Materials Complex or Sunrise).
Today’s announcement follows numerous inbound enquiries from a range of parties in the
electric vehicle supply chain in relation to both project level ownership, long-term offtake and
other financing arrangements.
Following preliminary discussions with a range of parties, Macquarie Capital has been
appointed to run a partnering process for Clean TeQ to consider divesting an interest of up
to 50% in the Sunrise Battery Materials Complex, in combination with long-term offtake.
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