PRESS RELEASE : ADM Energy PLC: ADM extends agreement with Trafigura

DGAP-News: ADM Energy PLC / Key word(s): Agreement 
ADM Energy PLC: ADM extends agreement with Trafigura 
2021-01-29 / 09:30 
The issuer is solely responsible for the content of this announcement. 
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THE INFORMATION CONTAINED WITHIN THIS ANNOUNCEMENT IS DEEMED TO CONSTITUTE INSIDE INFORMATION FOR THE PURPOSES OF 
ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014. UPON THE PUBLICATION OF THIS ANNOUNCEMENT, THIS INSIDE 
INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN. 
29 January 2021 
ADM Energy PLC 
("ADM" or the "Company") 
ADM Energy extends agreement with Trafigura for conditional financing of up to USD120m 
Further to the announcement of 3 February 2020, ADM Energy PLC (AIM: ADME; BER and FSE: P4JC), a natural resources 
investing company, is pleased to announce that is has extended for a further 12 months its indicative MOU to enter into 
a strategic alliance with Trafigura Pte Ltd ("Trafigura"), a market leader in the global commodities industry. There 
are no other changes to the original MOU. 
ADM and Trafigura intend to create a strategic alliance that enables the development and financing of energy projects 
in Africa. Under the terms of the MOU, ADM will act as the sponsor for investment opportunities in the African energy 
sector ("Projects") which will be presented to Trafigura for consideration as a trading counterparty, or financing 
provider. 
Trafigura will be entitled to provide ADM with conditional pre-financing of up to USUSD100 million for the acquisition or 
development of Approved Projects. It is anticipated that Trafigura may subscribe for up to USUSD20 million in convertible 
loan notes in ADM as definitive agreements and project funding for Approved Projects are agreed. 
Osamede Okhomina, CEO of ADM Energy plc, said: "We are pleased to extend our agreement with Trafigura, which 
demonstrates the strength of our relationship and their belief in our growth strategy. This relationship with a 
multi-billion dollar industry partner gives ADM access to capital to secure and develop projects that will increase our 
exposure to value-accretive, high-quality assets. We are in regular discussions with Trafigura and are pursuing a 
number of attractive opportunities in the West African region that we believe will be prosperous for the partnership." 
Enquiries: 
ADM Energy plc                           [phone] 
Osamede Okhomina, CEO 
www.admenergyplc.com 
 
Cairn Financial Advisers LLP             [phone] 
(Nominated Adviser) 
Jo Turner, James Caithie 
 
Arden Partners plc                       [phone] 
(Lead Broker) 
Paul Shackleton, Dan Gee-Summons 
 
                                         [phone] 
Hybridan LLP 
(Joint Broker) 
Claire Louise Noyce 
 
Oddo Seydler Bank AG                     [phone] 
(Designated Sponsor) 
Michael B. Thiriot 
 
Luther Pendragon                         [phone] 
(Financial PR) 
Harry Chathli, Alexis Gore, Joe Quinlan About ADM Energy PLC ADM Energy PLC (AIM: ADME; BER and FSE: P4JC) is a natural resources investing company with an existing asset base in Nigeria. ADM Energy holds a 9.2% profit interest in the Aje Field, part of OML 113, which covers an area of 835km² offshore Nigeria. Aje has multiple oil, gas, and gas condensate reservoirs in the Turonian, Cenomanian and Albian sandstones with five wells drilled to date. ADM Energy is seeking to build on its existing asset base in Nigeria and target other investment opportunities across the West African region in the oil and gas sector with attractive risk reward profiles such as proven nature of reserves, level of historic investment, established infrastructure and route to early cash flow. About Trafigura Founded in 1993, Trafigura is one of the largest physical commodities trading groups in the world. Trafigura sources, stores, transports and delivers a range of raw materials (including oil and refined products and metals and minerals) to clients around the world and has recently established a power and renewables trading division. The trading business is supported by industrial and financial assets, including a majority ownership of global zinc and lead producer Nyrstar which has mining, smelting and other operations located in Europe, Americas and Australia; a significant shareholding in global oil products storage and distribution company Puma Energy; global terminals, warehousing and logistics operator Impala Terminals; Trafigura's Mining Group; and Galena Asset Management with circa 850 shareholders, Trafigura is owned by its employees. Over 8,500 employees work in 48 countries around the world. Trafigura has achieved substantial growth over recent years, growing revenue from USD12 billion in 2003 to USD147 billion in 2020. The Group has been connecting its customers to the global economy for more than two decades, growing prosperity by advancing trade. Visit: www.trafigura.com 

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2021-01-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de -----------------------------------------------------------------------------------------------------------------------

Language:     English 
Company:      ADM Energy PLC 
              60 Gracechurch street 
              EC3V 0HR London 
              United Kingdom 
Phone:        [phone] 
E-mail:       [e-mail] 
Internet:     www.admenergyplc.com 
ISIN:         GB00BJFDXW97 
WKN:          A2PLC1 
Listed:       Foreign Exchange(s) London 
EQS News ID:  1164302 
 
End of News   DGAP News Service 
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1164302 2021-01-29

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January 29, 2021 03:31 ET (08:31 GMT)