BUZZ-Australia's Environmental Clean Technologies surges on cleanup tech buy

Reuters
09/25
BUZZ-Australia's <a href="https://laohu8.com/S/ECT.AU">Environmental Clean</a> Technologies surges on cleanup tech buy

** Shares of Environmental Clean Technologies ECT.AX rise as much as 153.5% to A$0.18, marking its best session ever

** Sustainable technology developer's stock hits highest level since April 24, 2023 on acquiring Terrajoule for soil remediation tech

** Separately, co to raise A$3 mln ($1.98 mln) via two-tranche placements at A$0.06/share

** Announces transition of Faldi Ismail to executive chairman from non-executive chairman

** About 12.8 mln shares traded so far, nearly 32x the 30-day average

** Stock last up 97.2%; YTD, gain nearly 400%

($1 = 1.5158 Australian dollars)

(Reporting by Ananya Verma in Bengaluru)

((ananya.verma@thomsonreuters.com;))

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