Parkway Corporate Limited advised that the Company has entered into a material contract with QGC Pty Limited (a Shell Group company1), one of Australia's leading natural gas producers ("QGC"). The material contract is based on Parkway2 performing a range of evaluations and assessing the feasibility of treating waste brine derived from QGC's coal seam gas water treatment plants ("CSG Brine"), using Parkway's iBC® technology3 ("Feasibility Study Contract").