Spot Colors:
OCTOBER 2015
www.ringneckenergy.com
info@ringneckenergy.com
605.258.2900 • Onida, SD
Investment phase still going strong
Pantone 1675,
Pantone 349 &
Pantone 109
Ringneck Energy has wrapped
up its initial round of equity drive
meetings, hosting 72 meetings in four
states between July 29 and Sept. 28.
While attendance varied at meetings,
interested investors indicated willingness to invest a total of between $25
and 30 million in the proposed 70
million gallon per year dry mill ethanol plant to be located near Onida, SD.
With harvest in full swing now,
company leaders have turned attention toward working to arrange meetings with potential higher net worth
investors who have experience in the
ethanol industry.
There will be more evening meetings scheduled in late November, in
key areas near Onida, according to
Walter Wendland, president and CEO.
“I feel like a lot of farmers are
waiting until they get their crop
out to make a decision,” he said. He
also encourages current investors to
spread the word to others who may be
interested in investing.
“We’re pursuing every opportunity
to reach people through calls, meetings, and the internet,” Wendland
said. “Personal contact is still a great
approach.”
Complete information about the
project, including a video of a shortened presentation, the prospectus and
the subscription agreement, company
updates, and industry information can
all be found on the Ringneck Energy
website at www.ringneckenergy.com.
“We are working hard to meet the
equity goal by mid-December,” Wendland said.
Moving dirt, moving ahead toward construction
A number of behind-the-scenes steps have been taken
in recent months that will soon lead to the first visible
progress on Ringneck Energy’s plant, with dirt about to
start moving. Here’s a look at recent developments:
July 20: Conditional use permit approved by Sully
County
Sept. 17: Contract for Phase I site grading awarded to
AGE Corporation of Ft. Pierre, SD.
Sept. 23: Received $250,000 USDA grant toward company start-up costs
Oct. 2: Submitted application for Title V air permit
from South Dakota Department of Environment and Natural Resources; expected 60-90 day turnaround to approval.
Oct. 6: Agreement signed with Brosz Engineering of
Pierre, SD, for testing and staking during construction
Oct. 14: Received SD DNR construction stormwater
permit
Ongoing: Interviewing marketers for ethanol, DDGs and
other co-products
In progress: Central South Dakota Enhancement District
is applying for up to $1.8 million in grant funds to improve
Continued on Page 2
2
RINGNECK Energy
October 2015
Board of Directors:
President, CEO, Chairman & Director
Walt Wendland
Secretary/Treasurer & Director
Janet Wendland
Directors
Ed Eller
Jeff Goebel
Kenton Johnson
Pat Voorhees
Gary Wickersham
Kirk Yackley
Our Mission:
To produce renewable energy that adds value to grain and
livestock production, enhances the
income of our investor partners,
provides a safe and rewarding work
environment that creates economic
opportunities for the community.
Goals for the Company:
•Produce 70 million gallon per year
of bio-fuel ethanol focusing on
the local, regional and national
markets by the fall of 2016.
•Produce a high-protein feed
source for the local livestock.
•Return maximum profits to member investors.
•Add value to agriculture in the
area.
•Meet the standard 20% reduction
in greenhouse gas emissions.
•Improve efficiency with the latest
technology.
Address:
PO Box 68
215A South Main
Onida, SD 57564
Why Onida & South Dakota Make Sense
Onida is a perfect location for building a new ethanol plant, both because of
its proximity to both corn supply and a market for distillers grain, and because
of the low cost of production compared to other states. The chart above shows
the “crush margin” for Iowa, Nebraska, South Dakota, and specifically, the Onida
area over the past six months, with Onida and South Dakota consistently showing a cost of production below that of the other states.
Progress about to be obvious
Continued from Page 1
road to the plant site.
“It is exciting to see all these pieces come together,” said Gary Johnson,
owner of AGE Corporation and a seed
investor in Ringneck Energy. “I see it
as a super win-win for Sully County
and central South Dakota. And I say
that from the standpoint of the jobs
that will come directly and indirectly,
and the benefits to the agricultural
“Knowing the commitment of
Sully County farmers to this project made me heavily interested in
it. It was a natural fit for us and it
is close to home.”
— Gary Johnson,
AGE Corporation & seed investor
community as a corn market and
source for livestock feed.”
DISCLAIMER
This newsletter is for informational purposes only and does not constitute or form part of, and should not be construed as, any offer for sale, or any invitation to offer
to buy, any securities of Ringneck Energy LLC, nor should it be relied on in connection with any purchase or sale of securities whatsoever. The offering described herein
is only suitable, intended and available for accredited investors. Any offer or invitation for offers to buy will be made only by means of Ringneck Energy LLC’s official
private placement memorandum and only in accordance with the terms of all applicable securities and other laws.
This newsletter contains historical information, as well forward-looking statements about Ringneck Energy LLC and our future performance and prospects, project
financing, and expected future operations and actions. All statements that are not historical or current facts are forward-looking statements. In some cases you can
identify forward-looking statements by words such as “believe”, “hope”, “expect”, “anticipate” and similar expressions. We caution readers not to place any undue reliance on any forward-looking statements. Forward looking statements are only our predictions based on current information and involve numerous assumptions, risks
and uncertainties including, without limitation, changes in the availability of credit, demand and supply of ethanol, corn production, plant operations and the actions
of regulatory authorities. Our actual results or actions may differ materially from these forward looking statements for many reasons, including risks associated with
the ethanol industry generally, and the ability of the company to timely meet all requirements of financing and construction of the plant. We undertake no responsibility to update any forward looking statement.
Additionally, certain information contained in this newsletter was obtained from own research and other sources believed to be credible and reliable. However, we
have not independently verified the information. In particular, we have used information provided by trade organizations for the ethanol industry, which may present
information in a manner that is more favorable to that industry than would be presented by an independent source. Although we believe these sources are reliable, we
have not independently verified the information and make no guarantees as to its accuracy or completeness.