The Company is pleased to advise that settlement of the acquistion of Locality Planning Energy Pty Ltd
(Settlement) has occurred.
Change of Name and ASX Code
As part of the Settlement requirements, the Company has changed its name from Stratum Metals Limited to
Locality Planning Energy Holdings Limited (LPE or the Company). The ASX will make the name change effective
on its platforms as of 24 December 2015.
Upon reinstatement to official quotation, the Company’s new ASX code will be LPE.
Change of Directors
At Settlement, Messrs Glanville & Chester, the two founders of Locality Planning Energy Pty Ltd, were
appointed as executive directors of the Company.
Damien Glanville – Chief Executive Officer and Director
Damien has 13 years’ experience in senior management, logistics and executive director roles with a
focus in the renewable energy, on-site generation and solar PV industry. Damien developed the retail
architecture and successfully sold the business case for the Sunshine Coast Regional Council Valdora
Solar Farm.
Ben Chester – Chief Operating Officer and Director
Ben has 7 years’ experience in large scale development and deployment of energy assets, along with
energy to market strategy. He also has 4 years’ experience with an ASX listed company specialising in
renewable and energy projects, as the principal project engineer for several commercial & utility scale
deployments.
The two new appointments to the board replace the outgoing directors, following the contemporaneous
resignations of John Shepherd and Dan Moore, as non-executive directors. John and Dan have each been
instrumental in managing the change of direction of the Company and successful completion of the acquisition
of Locality Planning Energy Pty Ltd. The Company would like to take the opportunity to express its gratitude for
their excellent service.
Requotation Update
Following Settlement, the Company has provided to ASX all of the documents (including escrow agreements)
required in the ASX letter of conditional approval dated 8 December 2015, to reinstate the securities of the
SXT Price at posting:
2.2¢ Sentiment: None Disclosure: Held
