Sirius Resources N L : GNG - Entry into EPC Contract - Nova Nickel Project

1 November 2006 ASX RELEASE

5 June 2015
For immediate release to the market

Entry into $114 million EPC contract - Nova Nickel Project

Further to its ASX release of 30 March 2015, GR Engineering Services Limited (ASX:GNG) (GR Engineering or Company) is pleased to announce that it has entered into an engineering, procurement and construction (EPC) contract for the design and construction of the mineral processing and paste fill plant associated with Sirius Resources NL's (ASX:SIR) (Sirius) Nova Nickel Project (Contract).
Work under the Contract will commence immediately and is scheduled for completion in November
2016. The Contract value is approximately $114 million.
GR Engineering's Managing Director, Geoff Jones, commented that:

"Securing this Contract ranks highly in the Company's record of achievements to date. The Company is pleased to play an important role in the development of one of the more significant Australian base metal resource developments of recent times. We look forward to working with Sirius and delivering a successful outcome for the Nova Nickel Project."

Together with work already on hand, this Contract is set to contribute to a positive start to FY16 and provides GR Engineering with reliable revenue visibility into FY17.
For further information contact:

Geoff Jones Joe Totaro

Managing Director Chief Financial Officer

 [phone]  [phone]

 [e-mail] [e-mail]

GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738

Tel: [phone] Fax: [phone] Email: [e-mail] Website: www.gres.com.au

PO Box 258, Belmont WA 6984 179 Great Eastern Highway, Belmont WA 6104

GR Engineering Services Limited (ASX:GNG) is an ASX listed engineering and consulting contractor specialising in fixed price engineering design and construction services to the resources and mineral processing industry.
GR Engineering has successfully completed the engineering design and construction of projects for a diverse range of clients, including global mining houses, mid-tier miners and junior developers undertaking their first project. Traditionally an EPC contractor, GRES also has the ability to contract through a variety of models, including EPCM and hybrid contracting arrangements.
GR Engineering also has a long history of providing a diverse range of process engineering consulting services, including feasibility study preparation and management, process design and peer review engagements. These services have been delivered for projects globally and play a key role in delivering organic growth opportunities through design and construction project execution.
The Company also has a presence in the hydrocarbons industry via its wholly owned subsidiary, Upstream Production Solutions. Upstream production Solutions is a leading provider of operations and maintenance and well management services to the Australian and South East Asian oil and gas industry.
As a group, GR Engineering and Upstream Production Solutions employs more than 285 professional and support staff throughout Australia and South East Asia, in addition to a direct construction workforce and subcontractors.

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