2020

04.06.2020 – Leclanché S.A.

Leclanché draws down a second tranche of CHF 720,000 from the Convertible Loan Facility of up to CHF 39 Million with Yorkville Advisors

Leclanché SA / Key word(s): Agreement/Financing
Leclanché draws down a second tranche of CHF 720,000 from the Convertible
Loan Facility of up to CHF 39 Million with Yorkville Advisors

04-Jun-2020 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 KR
The issuer is solely responsible for the content of this announcement.

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Leclanché draws down a second tranche of CHF 720,000 from the Convertible
Loan Facility of up to CHF 39 Million with Yorkville Advisors

- Initial CHF 2.9 million tranche under the Convertible Loan Facility with
Yorkville Advisors was drawn down in February 2020

- Second CHF 720,000 tranche will be used to fund Company operations and
expansion


YVERDON-LES-BAINS, Switzerland and MOUNTAINSIDE, N.J., 4th June, 2020 -
Leclanché SA (SIX: LECN), one of the world's leading energy storage
companies, has drawn down the second tranche of the up to CHF 39 million
convertible loan facility signed in February 2020 with Yorkville Advisors
Global, LP, a US New Jersey-based investment firm offering debt and equity
financing to global, small and micro-cap companies. This second proceed will
be used for Company operations and expansion.

Hubert Angleys, CFO of Leclanché, said: "We said last February how pleased
we were to partner with Yorkville Advisors in this innovative financing
arrangement that achieves several key objectives and supports the Company's
previously announced growth plan. This second drawdown confirms the
attractiveness of this instrument to our investor and sets the foundations
of a long term relationship with Yorkville Advisors. This additional
funding, will continue to support the implementation of our high-growth
business plan together with the strategic partnership agreement with Eneris
announced on 2nd June 2020."

For more information, write to info@leclanche.com or visit www.leclanche.com.

* * * * *


About Leclanché
Headquartered in Switzerland, Leclanché SA is a leading provider of
high-quality energy storage solutions designed to accelerate our progress
towards a clean energy future. Leclanché's history and heritage is rooted in
over 100 years of battery and energy storage innovation and the Company is a
trusted provider of energy storage solutions globally. This coupled with the
Company's culture of German engineering and Swiss precision and quality,
continues to make Leclanché the partner of choice for both disruptors,
established companies and governments who are pioneering positive changes in
how energy is produced, distributed and consumed around the world. The
energy transition is being driven primarily by changes in the management of
our electricity networks and the electrification of transport, and these two
end markets form the backbone of our strategy and business model. Leclanché
is at the heart of the convergence of the electrification of transport and
the changes in the distribution network. Leclanché is the only listed pure
play energy storage company in the world, organised along three business
units: stationary storage solutions, e-Transport solutions and specialty
batteries systems. Leclanché is listed on the Swiss Stock Exchange (SIX:
LECN).

SIX Swiss Exchange: ticker symbol LECN | ISIN CH 011 030 311 9

About Yorkville Advisors
Based in Mountainside, New Jersey, Yorkville Advisors is an experienced
investment firm that focuses on driving shareholder value by providing
growth and acquisition capital to small-cap and micro-cap issuers globally.
With a significant balance sheet and a broad investment mandate across
sectors and geographies, Yorkville Advisors is often the sole investor in a
capital raise, which allows for a controlled and disciplined exit strategy.

The Yorkville Advisors' partners have decades of experience structuring
micro and small-cap investments and understand and appreciate the volatility
inherent to the space. The firm tailors its investments to the unique needs
of each issuer working directly with management to implement the proper
financing solution. Since its inception in 2001, Yorkville Advisors has
completed over 700 company investments totalling more than $US 4B in value
in over 20 countries.

Disclaimer
This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
"strategic", "proposes", "to introduce", "will", "planned", "expected",
"commitment", "expects", "set", "preparing", "plans", "estimates", "aims",
"would", "potential", "awaiting", "estimated", "proposal", or similar
expressions, or by expressed or implied discussions regarding the ramp up of
Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units. You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will achieve
any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.

Contacts

   Media Switzerland /Europe:         Media North America:
   Thierry Meyer                      Rick Anderson
   T: +41 (0) 79 785 35 81            T: +1-718-986-1596
   E-mail: [1]tme@dynamicsgroup.ch
                                      Henry Feintuch
                                      T: +1-212-808-4901
                                      E-mail: [1]leclanche@feintuchpr.com
   1. mailto:tme@dynamicsgroup.ch


                                      1. mailto:leclanche@feintuchpr.com
   Media Germany: Christoph      Investor Contacts: Anil Srivastava /
   Miller T: +49 (0) 711 947     Hubert Angleys T: +41 (0) 24 424 65 00
   670 E-mail:                   E-mail:
   [1]leclanche@sympra.de  1.    [1]invest.leclanche@leclanche.com  1.
   mailto:leclanche@sympra.de    mailto:invest.leclanche@leclanche.com


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