RENERGEN LIMITED - Renergen Successfully Producing Liquid Helium At Its Virginia Gas Project

Renergen Successfully Producing Liquid Helium At Its Virginia Gas Project

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" or "the Group")

RENERGEN SUCCESSFULLY PRODUCING LIQUID HELIUM AT ITS VIRGINIA GAS PROJECT

Renergen is pleased to announce the achievement of a significant milestone for its Virginia
Gas Project ("Project"). Since 2 April 2024, the Original Equipment Manufacturer ("OEM") has
brought the helium cold box to the appropriate temperature in order to liquify helium in batches
from its wells. Part of this process involved the purification of the helium to a level of 99.999%
purity which has been validated by an independent 3rd party laboratory.

The OEM is now ensuring that the operating conditions are satisfactory to commence the
performance test, at which stage the helium train will be put into continuous operation mode.
To provide assurance that future shutdowns and restarts will be smooth the helium train will
be taken off-line and the process will recommence from ambient conditions to ensure
repeatability and that every process in the production cycle is documented and recorded with
the OEM present.

"Importantly, LNG production has not ceased at any stage throughout the process and will
continue to operate," added Renergen CEO, Stefano Marani. "The OEM will complete any
necessary checks and balances in the coming weeks before embarking on the performance
test, however, all liquid helium produced is recoverable and will be used to fill tanks for
customers."

Johannesburg
6 May 2024

Authorised by: Stefano Marani
Chief Executive Officer

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: 06-05-2024 08:30:00
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