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Neverhadawinner

09/16/22 5:07 PM

#11892 RE: OCR8now #11888

The Company has decided to move ahead with the construction of phase one of the biocoal plant at
Natchitoches, Louisiana. BSP will commence construction of line one as part of phase 1 will see the
construction of line one being 100,000 tonnes/yr. of biocoal, with construction continuing until phase one
reaches 400,000 tonnes per year. Ground-breaking is expected to commence December 2022.