Enegra

26/05/2024

Enegra is pleased to announce it has completed the initial drawdown of funds under its USD 1.5 billion debt facility

Enegra is pleased to announce the completion of the initial drawdown of funds under its USD 1.5 billion debt facility with EGX Bond LLC.

17/03/2024

The EGX migration to V4 has completed successfully. All investors have had V4 tokens minted and their V3 tokens burned. The new EGX token address is 0xA8C557c7ac1626EacAa0e80fAc7b6997346306E8, which will be updated on PolygonScan, CMC, CoinGecko and other sites shortly.

13/03/2024

We are pleased to announce that EGX will be upgraded to V4 of the ERC-3643 contracts developed by Tokeny Solutions, on 13 March 2024. This is a major deliverable in our roadmap as we continue to work towards enabling Centralised Exchange (CEX) deposits for EGX.

Amongst other benefits, the new V4 token allows us to move towards our goal of having EGX exist on multiple chains alongside Polygon, such as Ethereum and Avalanche, with a single shared token address across all networks. The new V4 token also future-proofs EGX as the token contract itself is a proxy that delegates its logic to an implementation contract, so EGX can be "upgraded" in the future by simply pointing to a new implementation contract.

Detailed information about the upgrade has been emailed to all EGX token-holders.

07/07/2023

Enegra is pleased to announce a significant agreement has been entered into by Enegra subsidiary PT Enegra Energi Indonesia and PT Sulbar Logam Indonesia (“SLI”) for the supply of nickel.

Under the terms of the agreement SLI will supply Enegra with a minimum of 20,000 tonnes of nickel sands per month sourced from Sulawesi, Indonesia.

Enegra’s CEO, Matthew Averay, is excited about the agreement, “This is an important step in Enegra expanding its commodity offerings and utilising its existing commodity trading platform to cover multiple energy-related commodities. We are extremely pleased to be partnering with SLI, given their extensive experience in mining operations and logistics, particularly in the Sulawesi region.”

07/07/2023

ISSUE RESOLUTION UPDATE

has performed maintenance on the platform used by Enegra for the issuance and management of . The goal of this maintenance is to resolve various errors encountered by Enegra and EGX holders, including the errors encountered by some EGX holders when attempting to update their investor profile, and inconsistencies with position reports.

The Enegra Investor Relations team is now testing the platform to determine whether the issues have been resolved, and we thank you for your patience as they work diligently on your behalf.

We will be contacting all EGX holders once the testing is complete, to communicate the outcome of the maintenance. When the issues have been resolved, the Enegra board of directors will set a new date for the postponed Quarterly Update.

Please direct any queries to our Investor Relations team via [email protected].

03/07/2023

Over the past decade, Enegra has build trusted relationships with the local community in , where we have secured long-term and exclusive rights to over 1.8 billion tonnes of coal. Following this success, we have moved into other energy commodities such as nickel.

We are the first company in the sector and in Asia to tokenize our equity, the first to list tokens on an exchange, and also the first using to represent our commodity trades.

We have successfully conquered the local market, but we won't stop here, as we plan to replicate our success in other markets. Thanks to our innovative use of technology and , we are leading the world in the mining and commodity sectors.

30/06/2023

Indonesia's vast reserves in the context of the growing industry make a key player in the global market.

EVs are set to catalyse new industrial growth within Indonesia. Nickel is a key component in the production of high-capacity batteries needed for EVs, copper is needed for the wiring, and coal is needed to produce power to charge the batteries.

Enegra, with its expertise and offtake in coal and nickel, aims to support Indonesia's growth in the electric vehicle sector. By engaging with second-tier miners and overseeing the supply chain, Enegra ensures financial stability and seamless logistics.

Buy some $EGX and join us as we take the lead in this exciting industry!

29/06/2023

Meet the Enegra board of directors, driving our success:

👤 Matthew Averay, Managing Director & CEO
With expertise in banking, trade finance, and logistics, Matthew excels at formulating strategies and executing them within budget.

👤 David Vincent, Chairman
With a wealth of experience in investment banking and corporate advisory, David currently serves as CEO of Canamex Gold Corp and Director of Arizona Silver Exploration Corp.

👤 Dian Fatwa, Director
As Deputy Secretary General of the National Mandate Party of Indonesia, Dian brings 18 years of senior executive experience in Australia's largest media network, managing relationships with regional countries.

👤 Jeremy Coombe, Director
A CPA-qualified professional, Jeremy brings extensive knowledge in commodities, treasury, and financial markets from his years in corporate and banking roles in Australia and the UK.

👤 Tony Stephenson, Director
With over 20 years of experience as a company director and entrepreneur, Tony is an original Enegra shareholder. He also advises major FTSE100 financial institutions on transportation and logistics portfolios.

Together, our board's diverse backgrounds and expertise enable Enegra's success. You can find more information about them on our website https://www.enegragroup.com/

28/06/2023

The industry is undergoing a transformation, and at Enegra, we're at the forefront of these trends.

Automation and high bandwidth communications are key technologies driving this shift. With automation, mining equipment is being upgraded for increased productivity and reduced emissions. High bandwidth communications, facilitated by 5G, enable data processing, low latency control, and precise positioning of assets.

Assets, trade finance and the entire supply chain is becoming tokenised and using the to provide an immutable audit trail and ease of transaction - being a case in point.

These advancements are revolutionizing the industry and positioning mining operations for a more efficient and sustainable future.

27/06/2023

was initially issued using the Polymath ST20 standard on , but after several iterations, is now issued using the standard on , via the platform. This gives many strategic advantages, and also provides the benefit of low gas fees and fast transactions to investors.

⚡️Optimized architecture utilizing the latest version of Solidity.
⚡️Utilization of a shared registry.
⚡️Gas optimization for improved efficiency of smart contracts.
⚡️Full documentation and extensive test coverage.
⚡️Custom compliance contract to ensure regulatory compliance.
⚡️Thorough audit conducted by Certik for enhanced security.

EGX token holders can conveniently monitor their holdings on and use the token with any wallet that supports tokens, such as MetaMask and TrustWallet. We hope you enjoy the benefits and features that ERC3643 brings to our community!

26/06/2023

Things are looking good for Enegra and , given our sourcing and trading of energy-related used in the production of , and the mandate of a transition to EVs in most large markets.

26/06/2023

Enegra, a dynamic and forward-thinking company, is extending an exclusive invitation to be part of our remarkable journey. With our extensive expertise in the market and groundbreaking initiatives, we're revolutionizing the industry.

A purchase of means you're not just investing in a company; you're becoming a valuable partner in our mission to drive success, foster growth, and create sustainable outcomes. With a solid track record and a visionary team, we're poised for incredible opportunities.

Don't miss out on the chance to be at the forefront of innovation and capitalize on the exciting potential of the commodity market. Join us as we shape the future together and unlock a world of possibilities.

Get qualified to hold at https://qualification.enegragroup.com and seize the opportunity to maximize your returns while making a lasting impact!