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RESOURCE GENERATION LIMITED - Project Progress Presentation

Release Date: 06/04/2020 09:01
Code(s): RSG     PDF:  
Wrap Text
Project Progress Presentation

Resource Generation Limited
Registration number ACN 059 950 337
(Incorporated and registered in Australia)
ISIN: AU000000RES1
Share Code on the ASX: RES
Share Code on the JSE: RSG
(“Resgen” or the “Company”)
ASX: RES

6 April 2020

ASX Release
Project Progress Presentation

Shareholders are advised that Resgen submitted to the Companies Announcements Office of the
Australian Securities Exchange, a Project Progress Presentation - 6 April 2020

Shareholders can also view the on-line version on the Company’s website at
http://www.resgen.com.au/investors-and-media

JSE Sponsor: Deloitte & Touche Sponsor Services (Pty) Limited


Resource Generation Limited (the “Company” or “Resgen”) is an emerging ASX and JSE-listed
energy company, currently developing the Boikarabelo Coal Mine (“the mine”) in South Africa’s
Waterberg coalfield. The Waterberg coalfield accounts for around 40% of the country’s currently
known coal resources. The Coal Resources and Coal Reserves for the Boikarabelo Coal Mine, held
through the Company’s operating subsidiary Ledjadja Coal, were updated in 2016 based upon a new
mine plan and execution strategy. The Boikarabelo Coal Resources total 995Mt and the Coal
Reserves total 267Mt applying the JORC Code 2012 (ASX Announcement 23 January 2017 - In
accordance with Listing Rule 5.23.2 the Company confirms that it is not aware of any new information
that would impact on the reported Coal Resources and Coal Reserves). Stage 1 of the mine
development targets saleable coal production of 6 million tonnes per annum. Ledjadja Coal is a Black
Economic Empowerment (BEE) subsidiary operating under South Africa’s Broad-based Black
Economic Empowerment Act, Section 9(5): Codes of Good Practice.
Resgen’s primary shareholders are the Public Investment Corporation of South Africa (PIC), Noble
Group and Altius Investment Holdings.




Resource Generation Limited (ACN 059 950 337)
c/o Level 1, 17 Station Road, Indooroopilly, QLD, 4068
GPO Box 126, Albion QLD 4010. Phone +27 (011) 010 6310


                                                                                      www.resgen.com.au

Date: 06-04-2020 09:01:00
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