Ann: Strata-X Secures Financing for Serowe CSG Appraisal Program, page-2

Strata-X Energy Ltd (SXA) has arranged an A$1.355 million equity raise that will enable it to carry out initial appraisal drilling on its Serowe CSG Project located in the Republic of Botswana. The Company expects to begin appraisal drilling within the highgraded area the Company previously identified as having the best potential for commercial gas flows. Its permits total approximately 743 square kilometers within the highgraded area and, based on resource estimates previously made by MHA - the Company’s independent evaluator -, Strata-X’s share of this highgraded area contains approximately 1 TCF of Prospective Gas Resources

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