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RENERGEN LIMITED - Environmental Authorisation Status

Release Date: 15/08/2024 15:00
Code(s): REN     PDF:  
Wrap Text
Environmental Authorisation Status

RENERGEN LIMITED
Incorporated in the Republic of South Africa
(Registration number: 2014/195093/06)
JSE Share code: REN
A2X Share code: REN
ISIN: ZAE000202610
LEI: 378900B1512179F35A69
Australian Business Number (ABN): 93 998 352 675
ASX Share code: RLT
("Renergen" or "the Company")

ENVIRONMENTAL AUTHORISATION STATUS

In the Company's recent AGM, which was attended by representatives from the Centre for
Environmental Rights ("CER") who posed questions in relation to the Phase 2 expansion and
environmental authorisation, we want to make clear the Company's position on the matter just
as we did in the AGM:

The Company's positive Phase 2 Environmental Authorisation ("EA") was appealed by CER
on behalf of MEJCON-SA and MACUA. The Minister dismissed 5 of their 7 grounds of appeal.
The appeal has not resulted in any delays to the progress on Phase 2, nor is it likely to have
any impact on the timing of Phase 2. This is due to the fact that our select drilling programme
is fully authorised under the Production Right granted in 2012.

On the advice of the Minster's supporting technical advisory team, the Minster requested that
Tetra4 expand upon the Impact Assessment Reports to address areas for improvement
observed in the report and in relation to the first and second grounds of appeal. Once the
additional information has been incorporated a revised report is to be submitted to registered
I&APs for a further review and commenting period of 30 days and thereafter re-submitted to
the DMRE for approval. We are pleased with the progress and believe that the remaining
information to be provided will satisfy the requirements to obtain a positive EA.

Johannesburg
15 August 2024

Designated Advisor
PSG Capital

To readers reviewing this announcement on the Stock Exchange News Service (SENS), this
announcement may contain graphics and/or images which can be found in the PDF version
posted on the Company's website.

www.renergen.co.za

For all media relations please contact:
investorrelations@renergen.co.za
For all US investors and media relations please contact:
Georg Venturatos – Gateway Group, (949) 574-3860
Ren@gateway-grp.com

Date: 15-08-2024 03:00:00
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