Announcement • Jul 13
Delorean Corporation Ltd Receives $1.66 Million Third Grant Payment from Australian Renewable Energy Agency Delorean Corporation Ltd. has received the third cash payment milestone of $1.66 million exclusive of GST under an existing $7.74 million grant funding agreement with the Australian Government’s Australian Renewable Energy Agency. Total grant payments now received under the agreement are $5.46 million. The grant funding, provided under Australian Renewable Energy Agency’s National Industrial Transformation Program accelerates the development of Delorean’s SA1 Salisbury bioenergy facility, currently under construction in Edinburgh Parks, South Australia. The Australian Renewable Energy Agency grant payment funds Delorean for the costs of procurement, installation, and commissioning of critical infrastructure upgrades to enhance the facility’s ability to produce and upgrade biogas into mains-grade biomethane and biogenic CO2. This renewable gas will be supplied through the Adelaide gas network under a long-term offtake agreement. Announcement • Jun 23
Delorean Corporation Ltd Receives Additional AUD 1.66 Million Arena Grant For Sa1 Salisbury Facility Delorean Corporation Ltd. had been awarded an additional grant funding commitment of AUD 1.66 million exclusive of GST under its existing grant funding agreement with the Australian Government’s Australian Renewable Energy Agency for the SA1 Salisbury bioenergy facility, currently under construction in Edinburgh Parks, South Australia. This brings total ARENA support for the project, provided under ARENA’s National Industrial Transformation Program, to AUD 7.74 million, from the previously awarded AUD 6.08 million. The additional funding reflects unanticipated project scope refinements identified after execution of the original Funding Agreement and during progression into detailed design, procurement and construction. These refinements include upgrades to the facility’s biomethane production and gas injection systems, wastewater treatment infrastructure, biogenic CO2 recovery systems, and associated civil, engineering and compliance requirements. The enhanced scope reflects evolving regulatory, technical and offtake requirements that emerged during detailed design and project delivery. The ARENA grant payments fund Delorean’s costs to support the facility’s ability to meet the Project objectives to produce and upgrade biogas into mains-grade biomethane and biogenic CO2. Announcement • May 27
Delorean Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.750006 million. Delorean Corporation Limited has completed a Follow-on Equity Offering in the amount of AUD 0.750006 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 8,333,405
Price\Range: AUD 0.09