Microsoft Word - 150120 Nickel Drilling Update_DPH
ASX & MEDIA ANNOUNCEMENT
Sale of Gold Rights
Hannans sells gold rights for $800,000
12 March 2015
Hannans Reward Ltd (ASX:HNR) (Hannans or the Company) is pleased to advise it has entered into a legally binding unconditional agreement with private company Mine Builder Pty Ltd for the sale of Hannans' interest in gold rights on Mining Lease M77/544. The consideration for the gold rights will be paid via four cash instalments during the next three Quarters. Title to the gold rights will be transferred on receipt of the final instalment.
For further information please contact:
Damian Hicks
Managing Director
+46 703 220 226 (M)
[email protected] (E)
Amanda Scott
Exploration Manager
+46 703 221 497 (M)
[email protected] (E)
Hannans Reward Ltd
Hannans Reward Ltd (ASX:HNR) is an exploration company with a focus on copper, gold, nickel and iron. Hannans has JORC compliant copper, gold and iron resources in Sweden, a free-carried interest in a nickel
project in Australia and a royalty interest on a copper exploration project in Norway.
Since listing on the Australian Securities Exchange in 2003 Hannans has signed agreements with Vale Inco, Rio Tinto, Anglo American, Boliden, Warwick Resources, Cullen Resources, Nickel Australia, Reed Resources, Tasman Metals and Grängesberg Iron.
For more information please visit www.hannansreward.com.