Energem granted right to acquire additional 60,000 hectares of land for bio-diesel venture in Mozambique



    TSX: ENM

    VANCOUVER, Sept. 5 /CNW/ - Energem Resources Inc ("Energem" or "the
Company") is pleased to announce that following a successful application, it
has been granted the right to acquire a further 60,000 hectares of suitable
farming land in addition to the 6,000 initial hectares already granted to its
jatropha based bio-diesel venture in Mozambique.
    The Government of Mozambique, in a letter to the Company dated
August 24th 2007, has confirmed that a minimum of 60,000 hectares will be
allocated to its subsidiary, Energem Renewable Energy Ltd, for its jatropha
based project, subject to the normal compliance process required by Government
for allocation and use of farm land in Mozambique.
    Energem acquired a 70% controlling interest in the jatropha based
bio-diesel project for a commitment to fund its development up to $5.5
million.
    This development, which follows 3 years of research by the project
founders into jatropha farming in Mozambique, is progressing satisfactorily.
The seedling nursery established to date has produced approximately
two million (2,000,000) seedlings, with which the Company will be able to
plant approximately 2,000 hectares of commercial crop. Clearing and planting
of the first 1,000 hectares has commenced.

    This news release contains forward-looking statements which address
future events and conditions which are subject to various risks and
uncertainties. The actual results could differ materially from those
anticipated in such forward-looking statements as a result of numerous
factors, some of which may be beyond the Company's control. These factors
include: the availability of funds; the costs and availability of fuel
products; fluctuations in fuel product sale prices; currency fluctuations;
changes in production costs; fluctuation in shipping costs; availability of
shipping; general market and industry conditions; political and regulatory
instability and risks associated with rights to title and ownership of fuel
products.

    Forward-looking statements are based on the expectations and opinions of
the Company's management on the date the statements are made. The assumptions
used in the preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such, undue
reliance should not be placed on forward-looking statements.

    Energem Resources Inc. is a natural resources company listed on the
Toronto Stock Exchange with projects in the energy and mining sectors in a
number of African countries. Energem is committed to developing niche high
margin natural resource projects in Africa and is currently active in
10 countries. Ventures encompass diamond and mineral exploration, mid- and
up-stream oil and gas projects, energy and mining related manufacturing,
trading and trade finance businesses operating off a common logistics platform
and infrastructure. The company has offices and/or logistics and support
infrastructure in Johannesburg, London, Beijing and a number of African
countries.

    %SEDAR: 00002462E




For further information:

For further information: Rob Rainey in Johannesburg at telephone +27 11
372-3300, Fax +27 11 454-1673 or email: info@energem.com; Refer our website:
www.energem.com

Organization Profile

ENERGEM RESOURCES INC.

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