ASIAN ENERGY SERVICES : OEPL RECEIVES LOI FOR PAKRO VANADIUM AND GRAPHITE BLOCK

• Letter of Intent (LOI) received by holding and amalgamating company OEPL from Govt. of Arunachal Pradesh, Dept. of Geology and Mining • LOI for Composite Licence for Pakro Vanadium and Graphite Block at Pakro Village, Pizirang Circle, Pakke Kessang District, Arunachal Pradesh • Area of block is 155.46 hectares • LOI awarded to OEPL, not directly to Asian Energy Services • Scheme of Merger of OEPL into Asian Energy Services is pending NCLT order Impact: Neutral (Receipt of LOI by holding company, pending scheme effectiveness)

Asian Energy Services Limited

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