Geo Energy Resources Limited (“Geo Energy”, the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that the Company has signed an agreement for ResInvest to purchase the second tranche of 13,395,000 treasury shares at a sale price of S$0.50 per share for an aggregate cash consideration of US$5 million and the issuance of 20,092,500 second tranche Warrants with an exercise price of S$1.00 per share to ResInvest, to be completed ahead of schedule on 27 December 2024.