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Renergen signs US$500mm potential DFC loan for Phase 2

Renergen has signed a retainer with the US International Development Finance Corporation (DFC) for a possible US$500mm loan to finance the Phase 2 development of the company’s Virginia gas project, in the Free State province of South Africa. Renergen says it is also considering co-lenders alongside DFC for a further US$200mm, after receiving multiple letters of intent from additional lenders. For Phase 2, Renergen plans to secure 65% debt funding, while equity funding will comprise the balance.

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Avanti Helium Appoints Brad Krizan to the Board

Avanti Helium has appointed Brad Krizan as an independent member of its Board of Directors, effective immediately. Brad brings extensive experience from various sectors, including roles in regulatory


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