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between Tengasco and Riley, Tengasco will common stock approved the reverse stock use in the US and Canada. It is optimal for
effect a 1-for-12 reverse stock split of its split and gave Tengasco’s board of directors those customers who need a smaller, lighter
outstanding common stock. The reverse stock discretionary authority to select a ratio for trailer that can be more easily manoeuvred in
split is expected to be effective for trading the split ranging from 1-for-8 to 1-for-12. The tight areas while still hauling the most gas in
purposes as of the commencement of trading board of directors approved the reverse stock the industry in a 40-foot container.
on Monday, March 1, 2021. split at a ratio of 1-for-12 on February 25, “Quantum has been supplying Certarus
Upon the closing of the merger, which is 2021. with Virtual Pipeline trailers since 2017,
expected to occur on Friday, February 26, TENGASCO AND RILEY EXPLORATION – and we look forward to continuing our
2021, Tengasco will change its name to Riley PERMIAN, February 25, 2021 partnership and supporting Certarus’ growth,”
Exploration Permian and its common stock said Mark Arold, President, Quantum Fuel
will trade on the NYSE American on Monday, Systems LLC. “Our VPLite45/40’ is a key
March 1, 2021 on a post reverse stock split ENERGY TRANSITION enabling technology to meet Certarus’
basis under the symbol “REPX” under a new requirements.”
CUSIP number 76665T 102. Quantum Fuel Systems Additionally, the contract includes a
As a result of the reverse stock split, development agreement for hydrogen virtual
every twelve pre-split shares of common awarded substantial natural pipeline trailers to be delivered by the end of
stock outstanding will become one share of 2021. Certarus is in active discussions over
common stock. The par value of the common gas virtual pipeline trailer several potential hydrogen pilot projects
stock will remain unchanged at $0.001 per in which Quantum will provide trailers to
share after the reverse stock split. The reverse order and hydrogen virtual transport hydrogen.
stock split will not change the authorized “Quantum has a long history with
number of shares of Tengasco’s common pipeline trailer development hydrogen, starting in 1999 when we launched
stock. The reverse stock split will affect all the world’s first 5,000 psi hydrogen system
stockholders uniformly and will not alter contract by Certarus on a commercial vehicle, and then later were
any stockholder’s%age interest in Tengasco’s the first to certify a 10,000 psi hydrogen
equity, except to the extent that the reverse Quantum Fuel Systems, a fully integrated storage tank to international standards,”
stock split would result in some stockholders alternative energy company, has been selected noted Arold. “We are very excited about
owning a fractional share. In that regard, no by Certarus to deliver industry-leading virtual our partnership with Certarus, which will
fractional shares will be issued in connection pipeline trailers for natural gas in 2021 with a leverage our decades of hydrogen expertise
with the reverse split. Stockholders who would total value of approximately $22mn. for new applications today, to provide critical
otherwise be entitled to receive a fractional Certarus will receive Quantum’s infrastructure technologies to help enable the
share will instead receive one whole share of VPLite45/40’ trailers, which have a gaseous hydrogen economy.”
common stock in lieu of such fractional share. capacity of approximately 472,000 standard QUANTUM FUEL SYSTEMS, February 24, 2021
On February 25, 2021, the holders of a cubic feet and weigh less than 59,000 pounds
majority of Tengasco’s outstanding shares of fully loaded. The VPLite45/40’ is certified for

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