Quadrise Fuels International Live Discussion

dustofnations 13 Jun 2019

RNS: Kingdom of Saudi Arabia Services Agreement with Conditional Grant of Warrants 13 June 2019 Quadrise Fuels International plc (“Quadrise”, “QFI” or the “Company”) Kingdom of Saudi Arabia Services Agreement with Conditional Grant of Warrants Quadrise is pleased to announce that the Company has entered into a Services Agreement (“SA”) with Aleph Commodities Ltd (“Aleph”) to provide services to the Company for the use of MSAR® in the Kingdom of Saudi Arabia (“KSA”). Following entry into the SA, Quadrise is now working with both Aleph and Al Khafrah Holding Group, Quadrise’s new local KSA partner pursuant to a memorandum of agreement announced by the Company on 30 May 2019, to progress projects and supply MSAR® in the Kingdom. The SA follows an earlier services agreement between Quadrise and Aleph in respect of Kuwait, announced by the Company on 26 February 2019. Aleph is a UK Company that has been established recently by a small group of commodities traders with significant experience in the Middle East. The SA provides Aleph with a success-based incentive structure, with rewards only due upon delivering relevant disclosable project milestones and on contracts that lead to the establishment of MSAR® projects and commercial sales in KSA for QFI. The SA also provides that Aleph may be awarded up to a total of 65 million warrants over ordinary shares in the Company, provided certain key milestones are achieved: The first tranche of 5 million warrants will be awarded following signature, prior to the end of September 2019, of a disclosable project milestone in relation to the conclusion of an Memorandum of Understanding or similar with a KSA-based state owned organisation to initiate detailed planning activities for a pilot test for a commercial MSAR® trial in Saudi Arabia and will be exercisable for a period of 2 years from the date of the SA. The second tranche of 10 million warrants will be awarded following signature, during 2019, of a disclosable project milestone with associated agreements to commence a commercial MSAR® trial in KSA and will be exercisable for a period of 2 years from the date of the SA. The third tranche of 20 million warrants will be awarded following signature of contracts, by end 2020, for the first commercial MSAR® supply agreement in KSA following completion of pilot testing and will be exercisable for a period of 3 years from the date of the SA. The final tranche of 30 million warrants will be awarded upon signature of contracts by Quadrise and the Al Khafrah Holding Group, by end 2022, for local commercial production of MSAR® or associated MSAR® additives in KSA for the MSAR® business under the In-Kingdom Total Value Added (“IKTVA”) programme and will be exercisable for a period of 5 years from the date of the SA. All of the above warrants will have an exercise price of the average mid-market closing price over five days ending on and including the day after QFI publicly announces signature of the relevant project milestones and contracts. The full award of the warrants is subject to receipt of shareholder approval at the next Quadrise annual general meeting. Under the SA, royalties from gross revenues received by Quadrise will be payable to Aleph from any project for the supply and use of MSAR® in KSA introduced via Aleph. The SA is evergreen, unless terminated by mutual agreement with one month’s notice. KSA is a country covered by the Memorandum of Agreement (“MOA”) with Al Khafrah Holding Group announced by Quadrise on 30 May 2019. Any project delivered in KSA will therefore also be subject to the terms of the MOA. Commenting on this development Mike Kirk, Executive Chairman of QFI, said: "I am pleased that we have been able to enter into this new services agreement with Aleph to cover the Saudi Arabian opportunity. This builds on the work that we are doing with Aleph in Kuwait and provides the structure to deliver a coherent approach in two major markets in the region and increase the efficiency of both our business development and project related activities. As Quadrise shareholders know well, Saudi Arabia is a market in which we have substantial experience and Aleph, together with our new local partner Al Khafrah, will enable us to build on this in a positive way. We look forward to working collaboratively with Aleph and Al Khafrah to progress potentially substantial project opportunities in the Kingdom, and to unlock the near-term value that MSAR® technology can provide for the economy. As was the case with our arrangements with Aleph in Kuwait, the agreements are structured to align all parties to the delivery of near-term substantive project delivery milestones - which will ultimately create significant shareholder value for Quadrise."

Norris107 12 Jun 2019

Mexico “Now with all these partners in these geographical regions, it strikes me that at least one has to get some traction. If that happens, welcome back to double penny shares (i.e. above 10 pence)”. That’s why I’m upbeat - plus it’s the extent of enthusiasm voiced in every MOU or MOA since KSA and again in this latest PEMEX / Redliner ‘agreement’ - “QFI has already identified a number of opportunities for the deployment of MSAR® technology in the country, where MSAR® has obvious economic and environmental advantages over existing fuel oil sources.” This type of statement is now becoming typical and being made by top people, experts in their field and yes there is that matter of ‘proof of concept’ but it seems to me that there must be enough proof already to make our ‘partners’ justifiably believe that this should just be a formality? So in my opinion the first test, if successful, will produce a landslide of new interest plus galvanise the attention of already interested parties and if the KSA episode is anything to go by a double pence SP should also be a forgone conclusion with our first confirmation of success. Just enjoying the wind change and apart from all the pleasures of being within AIM - I am sincerely happy for all us LTH’s and for all the current positive vibes and potential.

1trk 12 Jun 2019

Mexico Spot on TM Tree shaking started already, day traders eh! Can’t see the wood.

terence.mcguire 12 Jun 2019

Mexico I’m pretty sure we know this stuff works. POC has already been established for Marine fuel, although trial ended early, and also for Power Stations, KSA. What really rocked my boat was the whole segway into bitumen products, trialing. Now with all these partners in these geogrpahical regions, it strikes me that at least one has to get some traction. If that happens, welcome back to double penny shares (i.e. above 10 pence). Also if this is going to be as big as expected, expect the usual shake downs from institutional investors to get your shares. ALL IMHO Mr P

Norris107 11 Jun 2019

Mexico Happy Birthday Tot - I agree with everything by everyone in today’s posts - so without using any quotes all I’m going to say is that I’m still all in and topped up twice in May @ 3.2p so am wearing a smile today. Good luck all and roll on our first contract!

Sagwa 11 Jun 2019

Mexico totally agree fillpot I can feel it in my bones as we say in the north east "haway Quadrise lets have a canny week "

Fillpot 11 Jun 2019

Mexico Agreed There are a very few investors that have and are accumulating over last couple years I know that you and I are two such pi’s When the general market catches on, (and volume and price indicators will attract technical investors) another level will be found Once we get a real contract, things will ramp up again I see two distinct levels from here driven as above Bring on the flock!

lionel.thain 11 Jun 2019

Mexico Fillpot. The real volume will start once the MOU’s and MOA move forward to proof of concept followed by production. Fingers crossed we are nearly there.

Fillpot 11 Jun 2019

Mexico We had highest sp for over 12 months at 4.59p today Next target high is Dec 17 13.46p Volumes are improving a 6m, 4m and today’s 3m in last 7 days We seem to be on the move folks!

jaytee41 11 Jun 2019

Mexico Penblwydd hapus.

dustofnations 11 Jun 2019

Mexico Quadrise Fuels International plc (“Quadrise”, “QFI” or the “Company”) Agency Agreement for Mexico Quadrise is pleased to announce that the Company has entered into an agency agreement (the “Agreement”) with Laqua S.A. de C.V. operating under the Redliner name in Mexico (“Redliner”). Redliner is a company that has over 30 years of experience in industrial infrastructure rehabilitation in Mexico for the oil and gas, water, and chemical industries. They import new technology into Mexico for applications where traditional methods have failed, and where performance and precision is paramount. They have a range of leading partners throughout Europe and the USA and have worked in PEMEX (Petróleos Mexicanos) owned refineries located in Chiapas, Tabasco, Tamaulipas, Hidalgo, Oaxaca, Nuevo Leon and Guanajuato. The Agreement defines the structure through which Quadrise and Redliner will work to combine their expertise on an exclusive basis to seek to fast-track potential MSAR® projects to long-term commercial agreements for the production and supply of MSAR® technology, services and fuel in Mexico. The country is also covered by the existing Co-Marketing and Project Development Agreement with Freepoint Commodities LLC announced by Quadrise on 30 November 2018. The fees payable to Redliner under the Agreement are success-based commissions, related to a percentage of gross sales received by Quadrise in Mexico from the provision and sale of MSAR® technology, services and fuel. The term of the Agreement is 18 months from signature and will automatically renew for similar periods unless terminated by either party or superseded by another agreement. Commenting on this development: Mike Kirk, Executive Chairman of QFI, said: "We are excited to be working jointly with Redliner to propose and implement MSAR® projects in Mexico for refinery and power generation applications. We believe that the timing for deploying MSAR® in Mexico is excellent and aligned with initiatives of the new government for the energy sector, and Redliner are exactly the type of partner that we need in Mexico to progress projects at pace." Alejandro Rojas, Managing Director of Redliner, said: "Redliner are delighted to be representing Quadrise for the introduction of MSAR® technology and fuel to our clients in Mexico. QFI has already identified a number of opportunities for the deployment of MSAR® technology in the country, where MSAR® has obvious economic and environmental advantages over existing fuel oil sources. Looking at the new directives issued by the Mexican government for the refining sector, and the resulting high demand for domestically produced fuels to reduce costly imports, we believe that our cooperation will rapidly add significant value to the country and enhance QFI’s profile and business in the region. We look forward to working closely with Quadrise and we are confident that MSAR® can be a highly attractive fuel option for the refinery sector and power generators in Mexico today."

the_old_trout 11 Jun 2019

Mexico Thanks Lionel. We are celebrating with a boat trip along the Danube ahead of the big match this eve in Budapest. Plenty of scope for MSAR powered board here once the commercial roll out takes place. The next shoe to drop could either be a commercial scale trial or a fund raising but I think that those who have bought at sub 4p have nothing to fear from the latter as enough ducks are now lined up to get one away at a decent price. But of course you have to be in it to win it so I am remaining fully invested and have had a small top up this morning as the chart is looking very positive. Atb, Tot

lionel.thain 11 Jun 2019

Mexico Very Happy Birthday TOT. Yes wonderful additional news. However we really need to see all these MOU’s and MOA moving forward to proof of concept and production asap.

the_old_trout 11 Jun 2019

Mexico Well with today’s excellent news AGO has truly gone global, with a presence in all the populated continents except Australasia. Revisiting Pemex with a very well connected and experienced partner is very timely given the changes which are taking place in Mexico, and a very welcome birthday present for me today. Well done team QFI. Tot

Fillpot 08 Jun 2019

Edison Interview with Chairman Mike Kirk Don’t get burned jaytee41 Just keep building a position Lows are for buying, whilst there’s blood on the streets! Good luck here If we are to make the most of IMO2020 and if any single power generation project comes off from the excellent prospects we have in KSA, Kuwait, YTLPS and FP, Then QFI will be printing money in short order