Clean Energy Tech issues $612k convertible note to Mast Hill; extends two notes to Dec 2025

Clean Energy Technologies, Inc.

Extended maturity of $750k (May 2022) and $300k (Sep 2022) promissory notes to Dec 31, 2025; pays $300k total extension fee.
Issued $612k convertible promissory note to Mast Hill Fund at 8% interest, maturing Dec 31, 2025; $12k withheld for legal fees.
Note convertible at $2.50/share, subject to 4.99% beneficial ownership limitation and anti-dilution adjustments.
Upon aggregate proceeds >$1M post-issue, up to 25% (50% above $3M) of excess proceeds must repay note at Mast's option.
Company had 44,576,381 common shares and 877,774 Series E preferred shares outstanding as of Sep 9, 2024.

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