CIC Energy Corp. is developing the Mmamabula Energy Complex in Botswana, Africa. This planned Complex consists of the Mmamabula Energy Project (MEP), the Coal-to-Hydrocarbons (CTH) Project and the Export Coal Project. MEP is a planned greenfield power station and integrated coal mine. Southern Africa is projected to require significant new baseload power generation capacity over the next several years.

The CTH Project is intended to convert some of the coal at the Mmamabula Coal Field to fuels and petrochemicals by first gasifying the coal to produce synthesis gas.  The planned Export Coal Project is fast-tracking export opportunities for the grade A thermal coal from the Company’s Mmamabula Coal Field.

CIC Energy has a strong treasury of approximately C$90 million has been listed on the Toronto Stock Exchange (ELC:TSX) and on the Botswana Stock Exchange (CIC Energy:BSE) since 2006. CIC Energy is a Tau Capital Group Company.