RESOURCE GENERATION LIMITED - Change in the Noble Director Nominee

Change in the Noble Director Nominee

    Resource Generation Limited
    Registered in Australia under the Corporations Act, 2001 (Cth) with
    registration number ACN: 059 950 337
    ISIN: AU000000RES1
    Share Code on the ASX: RES
    Share Code on the JSE: RSG
    (“Resource Generation” or the “Company”)


    28 May 2019
    ASX Announcement

    Change in the Noble Director Nominee

    On 17 May 2017, Mr Manish Dahiya was appointed to the Board as a nominee of Noble
    Resources International Pte Ltd (Noble) under the terms of the extension of the Facility
    Agreement of 3 March 2014 (ASX Announcement: 14 March 2017). Noble Resources
    International Pte Ltd is a substantial shareholder in the Company. At that time Mr Dahiya
    obtained approval from the Board to appoint Mr Gregory Hunter, a senior employee of
    Noble based in South Africa, as his alternate.

    Mr Dahiya has recently indicated a desire to step down from the Board on the proviso
    that the Nomination Committee of the Board approve the appointment of Mr Hunter as
    his replacement. Mr Hunter has indicated that, should the Board approve his
    appointment, he intends to nominate Mr Dahiya as his alternate.

    The Board has now approved this request on recommendation of the Nomination
    Committee. Mr Hunter is appointed to fill a casual vacancy until the next AGM.

    Over the last two years the Company has worked closely with Mr Hunter as the
    Company’s third representative on the board of its partly owned subsidiary, Ledjadja
    Coal Pty Ltd. Consequently, a smooth transition in the role is expected.



Resource Generation Australia (ACN 059 950 337)
c/o Level 1, 17 Station Road, Indooroopilly, QLD, 4068
GPO Box 126, Albion QLD 4010. Phone +27 (011) 010 6310 Fax +27 (086) 539 3792
Directors: Lulamile Xate (Chairman), Robert Croll, Dr. Konji Sebati,
Colin Gilligan, Leapeetswe Molotsane, Manish Dahiya, Peter Watson               www.resgen.com.au
Acting CEO: Leapeetswe Molotsane
Company secretary: Mike Meintjes
The Board would like to thank Mr Dahiya for his contribution and welcomes Mr Hunter as
the Noble representative.

On behalf of the Board

Lulamile Xate

Chairman




About Resgen:

Resource Generation Limited (Resgen) is an emerging ASX and JSE-listed energy company,
currently developing the Boikarabelo Coal Mine in South Africa’s Waterberg region. The Waterberg
accounts for around 40% of the country’s currently known coal resources. The Coal Resources
and Coal Reserves for the Boikarabelo Coal Mine, held through the operating subsidiary Ledjadja
Coal, were recently updated based upon a new mine plan and execution strategy. The Boikarabelo
Coal Resources total 995Mt and the Coal Reserves total 267Mt applying the JORC Code 2012
(ASX Announcement :23 January 2017- In accordance with Listing Rule 5.23.2 the Company
confirms that it is not aware of any new information that would impact on the Reported Coal
Resources and Coal Reserves). Stage 1 of the mine development targets saleable coal production
of 6 million tonnes per annum. Ledjadja Coal is a Black Economic Empowerment subsidiary (BEE)
operating under South Africa’s Broad-based Black Economic Empowerment Act, Section 9(5):
Codes of Good Practice.

ResGen’s primary shareholders are the Public Investment Corporation of South Africa (PIC), Noble
Group and Altius Investment Holdings.



For further information please contact:

Mike Meintjes, Company Secretary on mmeintjes@resgen.com.au or +61 413 706 143

Media enquiries:

South Africa: Marion Brower/ Charmane Russell on +27 11 880 3924

JSE Sponsor:

Deloitte & Touche Sponsor Services (Pty) Ltd


                                                                                           PAGE 2

Date: 28/05/2019 08:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.