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Landmark Phase 2 Helium Contract Signed
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”)
LANDMARK PHASE 2 HELIUM CONTRACT SIGNED
Domestic natural gas and helium producer Renergen is proud to announce its first helium sales
agreement with a global acting, tier-one automotive supplier, in the Company’s first “Direct-to-
Customer” helium deal. For reasons of confidentiality, Renergen is unable to disclose its customer
or details of the sales agreement, but can confirm the customer operates in the automotive sector.
The landmark transaction will see a substantial volume of helium from Phase 2 placed directly to
the customer through the agreement and is one of the key contracts underpinning Phase 2
development at the Virginia Gas Project (“Virginia”).
Commenting on the significance of the Company’s first helium sales agreement, Renergen Chief
Executive Officer Stefano Marani said “We are very proud to announce our first helium sales
agreement from the Virginia Gas Project. Importantly, this contract shows the viability of
accessing helium directly from the refinery by customers and Renergen diversifying its customer
base beyond wholesalers.
“What really excites the team about this sales agreement is that from 2024, if you purchase a
German premium brand vehicle, the overwhelming probability is that Renergen’s helium will be
powering the airbags keeping you safe.
“It has been an excellent start to 2021 and Renergen will continue to focus on developing Virginia
into a tier-one, globally significant LNG and helium project.”
Johannesburg
12 April 2021
Authorised by: Stefano Marani
Chief Executive Officer
Designated Advisor
PSG Capital
For Australian Investors & Media, contact Citadel-MAGNUS
Cameron Gilenko, 0466 984 953
www.renergen.co.za
Date: 12-04-2021 08:30:00
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