Item 1.02 Termination of a Material Definitive Agreement.

On June 3, 2020 the Company received a written notice from Australian Future Energy Pty Ltd ("AFE") of AFE's termination of Agreement and Plan of Merger (As Amended), (the "Merger Agreement"), thereby terminating the previously announced planned merger by and among SES, AFE and SES Merger Sub, Inc. On June 4, 2020 the Company provided to AFE written acknowledgment of its receipt of the notice of termination of the Merger Agreement and has reserved its rights arising from AFE's actions.

© Edgar Online, source Glimpses