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GR ENGINEERING SERVICES LIMITED Capital/Financing Update 2021

Aug 9, 2021

65003_rns_2021-08-09_c0a5d181-3024-490e-b0a8-f8484b61677a.pdf

Capital/Financing Update

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ASX RELEASE

10 August 2021

For immediate release to the market

Appointment as Preferred Tenderer – Bardoc Gold Project

GR Engineering Services Limited (ASX: GNG) (GR Engineering) is pleased to announce that it has been appointed preferred tenderer by Bardoc Gold Limited (ASX: BDC) (Bardoc) in relation to the engineering, procurement and construction (EPC) contract for the processing facility and associated infrastructure at its 100% owned Bardoc Gold Project (the Project).

GR Engineering has signed a letter of intent with Bardoc, with the commencement of work under the proposed EPC contract remaining subject to board approvals, project financing, statutory approvals and final contractual pricing and terms.

Commenting on GR Engineering’s appointment as preferred tenderer, Mr Geoff Jones, Managing Director said:

“GR Engineering is pleased to have received the letter of intent and to have been selected by Bardoc as the preferred tenderer for the delivery of the Bardoc Gold Project. Our clients are increasingly seeking certainty and a track record of performance and GR Engineering has been able to demonstrate this to Bardoc, including by reference to its successful project outcomes in the Western Australian gold sector. We look forward to working with the Bardoc team on this important project.”

Ends.

For further information please contact:

Geoff Jones

Managing Director

Omesh Motiwalla

CFO & Company Secretary

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GR ENGINEERING SERVICES LIMITED ABN 12 121 542 738 Tel: +61 8 6272 6000 Fax: +61 8 6272 6001 Email: [email protected] Website: www.gres.com.au PO Box 258, Belmont WA 6984 71 Daly Street, Ascot WA 6104