Ann: Renascor Investigating Green Financing Options, page-56

This is excellent news. Full credit to DC, BOD and the management team.

ESG financing is the way to go, as DC clearly explained, RNU has the credentials to attract ESG funds. They have engaged the right parties, especially BurnVoir Corporate Finance who helped Pilbara Minerals to raise over A$450m (https://www.burnvoir.com.au/project/pilbara-minerals-limited/). They have more than enough credentials to help RNU.

Also, this ESG announcement comes at a time JPMorgan Chase & Co (JPM.N) has recently announced aims to lend, invest and provide other financial services for up to US$1trillion in the ESG space (https://www.reuters.com/business/sustainable-business/jpmorgan-shoots-green-finance-stratosphere-esg-target-tops-peer-plans-2021-04-15/)

On another front, RNU will likely receive some funding under the Aus Govt Modern Manufacturing Initiative.

As per the 9 Mar announcement, RNU was intending to apply for financing assistance under the Aus Govt Modern Manufacturing Initiative. Hope we get some update on this front soon .



DYOR

PC