Rey Resources Limited Stock

Rey Resources Limited is an Australia-based company focused on exploration and developing energy resources in Western Australia’s Canning and Perth Basins. The Company’s segments include Mineral Exploration and Development, and Petroleum Exploration. The Company holds a 20% interest in the Canning Basin petroleum permits EP457 and EP458 (known as the Fitzroy Blocks), a 100% interest in EP487 (known as the Derby Block) and a 100% interest in L15, R1 and EP104 in Canning Basin (known as the Lennard Shelf Blocks). The Company also holds two exploration licenses (E04/1519, E04/1770) and mining license applications (M04/453) for Duchess Paradise Coal Project in the Canning Basin. The Company also has investments in Surat Gas Project, which consists of seven production licenses in Surat Basin in Queensland. The Canning Basin onshore covers approximately 467,000 square kilometers (km2), and over 300 wells drilled.