Simwell Pre-Commitment Agreement with Spectrum Geo.

Comtrack’s now 70% owned subsidiary Simwell Resources Ltd has announced that, in relation to Simwell's licenses P2300, P2329 & P2427 that cover the new Zechstein Reefal and Carboniferous plays in Quad 36 and 37, on the basis of the farm in offer which Simwell has accepted, Simwell has now entered into a pre commitment agreement with Spectrum Geo Ltd for a 3D survey planned to be acquired in Qtr 2 2019. Simwell will receive 667 km2 of data covering its licenses and also have access, if required, to other parts of the survey.