Potential Sale of 10% of Tetra4 implies an Equity Value of ~US$700mm for Renergen

Renergen executes term sheet for sale of 10% of Tetra4 to Central Energy Fund Renergen has announced the sale of 10% of fully owned subsidary, Tetra4 (which is a 100% owner of its flagship Virginia Gas Project), for ~US$69mm to the South African Central Energy Fund (CEF).