Renascor Resources Limited (ASX: RNU) (Renascor) advises that 393,868 ordinary fully paid shares (Shares) are due to be released from voluntary escrow on 27 February 2025.
The Shares were issued to the Barngarla Determination Aboriginal Corporation RNTBC (BDAC) on 27 August 2024 in connection with the registration of the Indigenous Land Use Agreement (ILUA) between Renascor and BDAC1.
This ASX announcement has been approved by Renascor's Board of Directors and authorised for release by Renascor's Managing Director David Christensen.
Contact:
David Christensen
Managing Director
Tel: +61 8 8363 6989
Email: info@renascor.com.au
James Moses
Mandate Corporate
Tel: +61 (0) 420 991 574
Email: james@mandatecorporate.com.au
About Renascor
Renascor is developing a vertically integrated Battery Anode Material (BAM) in South Australia. The BAM project comprises: the Siviour Graphite Deposit - the world's second largest Proven Reserve of Graphite and the largest Graphite Reserve outside of Africa2; the Graphite Mine and Processing Operation - a conventional open-pit mine and crush, grind, float processing circuit delivering world-class operating costs in large part due to the favourable geology and geometry of Renascor's Siviour Graphite Deposit and a Battery Anode Material Production Facility - where graphite will be converted to Purified Spherical Graphite (PSG) using an eco-friendly processing method before being exported to lithium-ion battery anode manufacturers.
(C) 2025 Electronic News Publishing, source ENP Newswire