Interra Resources Eyes Trading Resumption Amid Strategic Transformation and Expansion into Renewables

Key Highlights from Interra Resources’ Quarterly Update and Trading Suspension Status

Interra Resources Limited (“Interra” or the “Company”), a Singapore-listed energy company, has provided a detailed update for its shareholders on its financial and operational status, progress towards removal from the Singapore Exchange (SGX) watch-list, and its ongoing efforts to resume trading of its shares. This comes as part of the company’s obligations under SGX rules and is particularly relevant for retail investors monitoring potential catalysts for share price movements.

1. Watch-List Status and Extension Granted

• Interra has been on the SGX watch-list since December 2017 due to not meeting certain financial requirements.
• The SGX has approved an extension for the company until 4 December 2025 to meet the requirements for removal from the watch-list.
• This extension provides the company with a clear timeline to execute its turnaround and compliance strategies.

2. Trading Suspension and Path to Resumption

• The company’s shares remain suspended from trading, but Interra is actively engaged with SGX Regulation (SGX RegCo) to seek approval for a trading resumption proposal.
• The outcome of SGX RegCo’s review of the proposal is pending. Interra has committed to updating shareholders as soon as there are material developments.
• The company’s ability to resume trading is a potentially significant share price catalyst, as it would restore liquidity and market access for existing and prospective investors.

3. Financial and Operational Updates

• Shareholders are advised to refer to the company’s separate announcement of unaudited results for the half-year ended 30 June 2025 for detailed financials and operational activity updates.
• The company has pledged ongoing transparency and timely updates on its financial status, operations, and any material developments that could affect valuation.

4. Strategic Developments and Diversification into Renewable Energy

• Interra remains primarily engaged in petroleum exploration and production, including field development and exploration activities.
• The company is actively venturing into the renewable energy sector:
• It has been included by PT PLN Nusantara Power in their Long List of Strategic Partners for power plant project development in Indonesia (valid from 18 March 2024 to 18 March 2026).
• Interra is collaborating with an Indonesian joint venture partner to install floating solar farms in Indonesia, expanding its exposure to the green energy sector.
• Interra also holds a 13.65% stake in Morella Corporation Limited, an ASX-listed company focused on lithium and battery minerals – sectors seen as crucial for the energy transition and electric vehicle supply chains.
• Through a wholly owned subsidiary, Interra has subscribed to a mandatory conversion loan, which will be converted into a 40% equity interest in three silica sand concessions in Indonesia. The company also has an option to increase its stake to 51% in one of these concessions. Silica sand is a strategic input for multiple industries, including renewables and technology.

5. What Shareholders Need to Know – Potential Price-Sensitive Information

1. Trading Resumption: Any positive development or approval from SGX RegCo allowing Interra’s shares to resume trading is likely to be highly price sensitive, given the restoration of liquidity and investor access.
2. Renewable Energy Ventures: The company’s diversification into renewables and strategic partnerships in Indonesia position it for future growth in high-potential sectors, which could re-rate its valuation.
3. Investments in Battery Minerals and Silica Sand: Exposure to lithium, battery minerals, and silica sand offers significant optionality, especially as global demand for these resources rises.
4. SGX Watch-List Removal: Successfully exiting the watch-list would likely be seen as a vote of confidence in Interra’s financial health and governance, supporting re-rating potential.

Outlook and Next Steps

The company will continue to explore various options to meet the SGX’s requirements for watch-list removal by the extended deadline and will keep shareholders informed of all material developments. The next major potential catalyst remains the resumption of share trading, pending SGX RegCo’s review.

Conclusion

Interra Resources is at a critical juncture, with several initiatives in play that could drive significant value for shareholders. Investors should closely monitor updates regarding trading resumption, renewable energy partnerships, and resource investments, all of which have the potential to move the share price meaningfully.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should perform their own due diligence and consult a licensed financial adviser before making investment decisions. The author and publisher are not responsible for any losses arising from reliance on this information.

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