Georgina Energy - A Year in Review

About Georgina Energy

Georgina Energy is an innovative energy exploration and development company dedicated to unlocking the potential of helium, hydrogen, and hydrocarbon resources in Australia. Guided by a commitment to sustainability and technological excellence, Georgina Energy is at the forefront of addressing global energy challenges by supplying critical resources for industries ranging from healthcare and space exploration to energy storage and renewable energy systems.

With a strategic focus on environmentally responsible exploration and development, Georgina Energy is driven by a mission to create long-term value for stakeholders while contributing to the global energy transition. Listing on the London Stock Exchange in July of 2024, the company combines robust corporate governance with operational excellence to establish itself as a trusted leader in the helium and hydrogen sectors.

Georgina Energy is committed to innovation, environmental stewardship, and the strategic development of its project portfolio, ensuring a sustainable and impactful future in the energy landscape.

Corporate Developments

Acquisition & Market Listing

• On July 30, 2024, Georgina Energy achieved a major milestone when Mining Minerals & Metals plc finalized the acquisition of the company.
• This acquisition was followed by the enlarged share capital being admitted to trading on the London Stock Exchange under the new name, Georgina Energy plc, with the ticker symbol "GEX."
• The company successfully raised £5 million during this transition, which bolstered its financial resources to advance key projects.

These corporate moves have significantly enhanced Georgina Energy’s visibility and investor confidence, marking a new phase of growth and ambition.

Operational Milestones

Hussar Helium Project

• In October 2024, Georgina Energy provided an operational update on its flagship Hussar helium project.
• A detailed site inspection was completed, encompassing environmental and civil engineering assessments for:
  • Drill site preparation
  • Access roads
  • A potable water well
• October also saw a 20% increase to its prospective resources at Hussar.
• Insights from this work were incorporated into the drilling permit application. The company remains on track to commence drilling in the fourth quarter of 2024.

Mount Winter Project

• Building on the progress at Hussar, Georgina Energy initiated pre-drill activities at its Mount Winter project.
• Key actions included reprocessing seismic data and formulating strategies to replicate the anticipated success of Hussar.

These operational developments demonstrate Georgina Energy’s commitment to advancing its project pipeline while maintaining rigorous environmental and engineering standards.

Financial Performance

Georgina Energy’s financial performance in 2024 has been characterized by strategic capital allocation and fundraising:

• The £5 million raised during the London Stock Exchange listing has been earmarked for advancing exploration and development activities across its Australian project portfolio.
• Investments in seismic reprocessing, site inspections, and permitting activities highlight the company’s focus on long-term value creation.

While full-year financial results are yet to be released, the company’s fundraising success and operational investments indicate a strong financial foundation heading into 2025.

Outlook for 2025

Looking ahead, Georgina Energy is poised to build on its 2024 achievements with several exciting prospects:

• Drilling at Hussar: With drilling expected to commence in late 2024, the company anticipates significant progress at this project in early 2025.
• Advancement of Mount Winter: Insights from Hussar will inform operations at Mount Winter, ensuring a robust pre-drill program and exploration strategy.
• Corporate Growth: The increased visibility from its London Stock Exchange listing will likely attract additional investment, enabling further expansion and innovation.
• Market Dynamics: As global demand for helium and hydrogen continues to grow, Georgina Energy is well-positioned to capitalize on these trends with its strategically located assets.

2024 has undoubtedly set the stage for Georgina Energy’s bright future. With strong corporate governance, a clear operational roadmap, and a focus on innovation, the company is primed to deliver value to its stakeholders while contributing to the global energy transition. As it looks to 2025 and beyond, Georgina Energy stands as a promising leader in the helium and hydrogen sectors.