Vysarn Limited announced the incorporation and subsequent launch of a new wholly owned subsidiary Pentium Water Pty Ltd. (Pentium Water) to provide water management consulting services in hydrogeology, hydrology and environmental planning. The establishment of Pentium Water is the continuation of the Company's clearly defined strategy to build a vertically integrated whole of life, end to end water service business. Pentium Water will service the resource, urban development, utility, government and agricultural sectors.

Pentium Water has begun implementing an extensive business development program and anticipates the award of consulting work from current and prospective clients of the Company. In early business development, Pentium Water has entered into a 6 month fixed term sub consultancy agreement with RPS AAP Consulting Pty Ltd. for the provision of water consultancy services from 1 February 2022. In light of the ongoing growth of the Company and its wholly owned subsidiaries providing services across hydrogeological drilling, test pumping and water management consultancy, the Company is pleased to advise that is has established new corporate headquarters at 640 Murray Street, West Perth.

The new offices will house the Vysarn and Pentium Water operations as well as providing space for future growth initiatives.