Leigh Creek Energy Limited announce that it has signed a Heads of Agreement (HoA) with African Carbon Energy Pty Ltd. The Heads of Agreement provides the framework for the negotiation of legally binding agreements for one or several of the Lease Agreement, Sale and Purchase Agreement and the Service Agreement. The finalisation and signing of the Execution Agreements will enable LCK's Pre-Commercial Demonstration (PCD) plant and equipment at Leigh Creek to be in the first instance leased by Africary and the granting of an option for Africary to purchase the PCD for use at its Theunissen underground coal gasification project in South Africa, and for LCK to provide advisory services to Africary. When the Execution Agreements are signed, this will mean that LCK will be able to recover the majority of its engineering and plant costs of the PCD and to also have an early path to revenue. The provision of ISG services by LCK not only provides LCK with a future revenue stream but also gives first mover advantage on any overseas projects or joint ventures.