IGE 0.00% 13.0¢ integrated green energy solutions ltd

Ann: Response to ASX Query Letter, page-36

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    you forgot to mention..

    "Further to the announcement on 17 January 2020, GEP have advised that the US$300 million funding
    sourced via Tangier is on track and will be released by 14 February 2020. This update has been
    provided to IGE by GEP as part of GEP’s contractual obligations to the IGP partnership to
    secure site funding for ASR sites in the USA. The Chief Executive Officer and President of GEP,
    Mr Stephen Hogan, has nominated himself as the GEP lead on the funding initiative, which
    equates to the following responsibilities:
    • Identify and perform due diligence on any prospective funder;
    • Be the sole interface with funders;
    • Negotiate the funding contract; and
    • Execute the funding contract.
    The Chief Executive Officer and President of GEP, Mr Stephen Hogan:
    “Despite the revision of the funding date, based on all the work done to reach this point, I
    remain absolutely confident that the Tangier funding will be delivered in February”.
    Last edited by stoneral33: 03/02/20
 
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