Vidler Water Resources, Inc. announced that it has entered into a sale and option contract with an affiliate of one of the world?s largest producers of wind and solar energy for a minimum of 28,000 and a maximum of 55,000 Long Term Storage Credits at the Company?s recharge facility in the Harquahala Valley, Arizona. The contract provides for the following: an initial sale of 1,250 LTSC at $400 per LTSC for proceeds of $500,000; and an option to purchase a minimum amount of 26,750 additional LTSC and up to a maximum of 53,750 additional LTSC on or before December 15, 2021, at a price of $400 per LTSC for proceeds of a minimum of $10.7 million and up to a maximum of $21.5 million; or an option to purchase a minimum amount of 26,750 additional LTSC and up to a maximum of 53,750 additional LTSC between December 16, 2021 and January 31, 2022, at a price of $450 per LTSC for proceeds of a minimum of $12 million and up to a maximum of $24.2 million. The contract also provides that if the buyer exercises either purchase option and purchases the minimum amount of LTSC but less than the maximum quantity of LTSC under either purchase option, the buyer may, on or before January 31, 2022, make an additional payment of $200,000 to secure the right to purchase, on or before April 30, 2022, any remaining LTSC up to the maximum quantity at $450 per LTSC.