Renergen announced multiple conditional helium sales agreements from its planned Phase 2 plant at the Virginia Gas Project. Following the Company's maiden sales agreement in April for Phase 2 helium, Renergen has secured a further three take-or-pay agreements for the supply of helium for periods of 10 and 15 years with the following customers: Linde Inc.-15-year agreement Messer LLC -15-year agreement Helium24 LLC -10 year agreement Renergen has now completed sales agreements for approximately 65% of the 5 ton per day Phase 2 helium production at the Virginia Gas Project. All contracts are based on a fixed USD/MCF price, escalating on every anniversary at the US Consumer Price Index, which will commence from the date of first production anticipated to commence in the fourth quarter of 2023. The cumulative volume of helium to be supplied under the contracts is 196 containers per annum. The agreements are conditional upon completion of a number of project development milestones at the Virginia Gas Project (including completion of an EPC contract by the appointed EPC contractor in relation to Phase 2 at the Virginia Gas Project) and either party may terminate due to a delay in the commencement of production date. Furthermore, should the Company be unable to deliver at least 80% of annual take-or-pay quantities during any consecutive six-month period once the plant is operational, the parties may terminate the contract.