OFFER NOW CLOSED

Greenpower Energy Limited ACN 000 002 111 was initially incorporated as Gunnedah Colliery Company Limited, mining coal at Gunnedah, NSW, in 1899 and stopped mining coal when it sold the mine in 1997.  Its present four directors have together, significant experience in companies engaged in coal, oil and gas exploration and production.  Greenpower Energy is now a coal seam natural gas (CSG) exploration and development company, and the purpose of the offer is to acquire and develop a suite of potential CSG tenements across Australia.

The Company’s principal goal is the production of this natural gas, coupled with the continued sustainable growth of the Company’s assets.  Specifically the Company will explore for, assess and, if commercially attractive, develop the tenements with the aim of extracting, lifting, transporting and selling natural gas to electricity producers and gas marketers.  The Directors believe that the Company’s projects have significant resource potential.  Greenpower Energy’s primary objective is to actively grow shareholder value by successfully exploiting the CSG tenements.