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Resignation of Director Withdrawal of AGM Resolution

MELBOURNE, Australia, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Clean TeQ Holdings Limited (ASX/TSX:CLQ; OTCQX:CTEQF) (the Company) advises that Mr. Shawn Wang has resigned as a director of the Company as he is no longer employed at Pengxin International Mining Co. Ltd as Head of Business Development and Investment.

The remaining directors wish to thank Mr. Shawn Wang for his appointment since March 2019.

Resolution 2 in the Notice of Annual General Meeting to be held at 10.00am tomorrow, 31 October 2019, is for the election of Mr. Shawn Wang as a director of the Company. Accordingly, the Company advises that Resolution 2 is withdrawn from the business of the meeting.

For more information, please contact:

Clean TeQ – Ben Stockdale, CFO and Investor Relations  +61 3 9797 6700

About Clean TeQ Holdings Limited (ASX/TSX: CLQ) – Based in Melbourne, Australia, Clean TeQ 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 Clean TeQ please visit the Company’s website www.cleanteq.com.

About the Clean TeQ Sunrise Project – Clean TeQ is the 100% owner of the Clean TeQ Sunrise Project, located in New South Wales. Clean TeQ Sunrise 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, Clean TeQ is also providing innovative wastewater treatment solutions for removing hardness, desalination, nutrient removal, 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.