Montem Resources Limited announced plans to transition its Tent Mountain Project in Alberta, Canada to become a renewable energy complex. Separate independent expert studies by Entura Hydro Tasmania (Entura), Boost Energy Ventures (Boost), GHD and other independent experts in Alberta demonstrate the Project's strong viability to generate renewable energy through combined pumped hydro energy storage ("PHES"), offsite wind power generation and onsite green hydrogen production. Studies indicate targeting production of approximately 300 GWh of on-peak power production per year form the PHES. This 100% renewable power can be used to produce hydrogen at Tent Mountain. The production of hydrogen onsite would potentially be Canada's first large-scale green hydrogen production, with the project planned to produce up to 13,000 tonnes of green hydrogen per year. Studies: A study conducted by Entura Hydro Tasmania (Entura) in 2019 found Montem could use existing water reservoirs from Tent Mountain's historical coal mining operations to drive a powerful PHES facility. The study demonstrated an energy in storage potential for the Project of 2,560MWh, or enough energy in storage to generate 320MW for eight continuous hours, which is the equivalent of powering approximately 200,000 homes through the night. The Entura study found the proposed Project had no fatal flaws and recommended progressing to the next step which included, refining the details of the site, identifying any additional risks, and determining mitigation measures, before embarking on a Feasibility Study. This work has now been completed. Over the past six months, Alberta based Boost Energy Ventures (Boost), have conducted various economic, grid connection and permitting studies to complement the initial Entura report. These reports have culminated in the Tent Mountain PHES passing through initial stage gates with it now ready to progress to Feasibility studies.