Ann: Sacgasco to Advance Borba Hydrogen Project, page-23

Great announcement;

- they are creating a "hydrogen division" in the US
- plug and play to produce Hydrogen at Borba and other leases
- there are the attributes of natural hydrogen in the geology on the leases
- progress being made in Canada and Philippines, update soon

"With a successful Borba Hydrogen Project, Sacgasco has capacity to rapidly scale up its Hydrogen division by tapping into other existing producing gas wells and larger prospects that could be used for production or sequestration".

"The Sacgasco operated JV has determined that establishing Borba as a hydrogen project is a unique and compelling opportunity for the Company given capex is likely to be relatively modest as existing ‘plug and play’ technology and equipment can be deployed at Borba to produce hydrogen"

"Auspiciously, the opportunity to establish a hydrogen division in a US state that is a leader in ‘green’ transport innovation is a compelling outstanding value opportunity for SGC."

"It is also noteworthy that the geology of the Northern Sacramento basin is considered by our technical team to have many of the attributes necessary for the accumulation of Natural Hydrogen accumulations and this potential is also being actively assessed.”

"The Company looks forward to providing shareholders with an update on the progress of its assets in the Philippines and Canada shortly with a number of initiatives gathering momentum"