REDIVIUM LIMITED — AGM Information 2009

Apr 29, 2009

General Meeting

• •Takeover Bid
• •Manganese & Iron
• •Nickel
• •Gold

30 April 2009

Disclaimer

This Document and the information contained herein and any presentation (collectively referred to as "Information") is proprietary to Hannans Reward Limited ("HNR" or "the Company"). This Document is being provided to the general public for the sole purpose of providing background information to enable the Recipient to review the potential of HNR. It is not intended as an offer, invitation, solicitation or recommendation with respect to any potential transaction.

Potential investors must make their own independent assessment and investigation of HNR and should not rely on any statement or the adequacy or accuracy of the information provided. Securities of small to mid cap exploration companies, typically involve a high degree of risk and as such, any investment in HNR must be considered as speculative. The Information provided does not purport to cover all relevant information about any potential investment in HNR. Accordingly potential investors are advised to seek appropriate independent advice, if necessary, to determine the suitability of this investment. The Document contains reference to certain intentions, expectations and plans of HNR. Those intentions, expectations and plans may or may not be achieved. They are based on certain assumptions which may not be met or on which views may differ. The performance and operations of HNR may be influenced by a number of factors, many of which are outside the control of HNR. No representation or warranty, express or implied, is made by HNR or any of their respective directors, employees, agents, advisers and consultants that any intentions, expectations or plans will be achieved either totally or partially or within a prescribed timeframe or that any particular rate of return will be achieved.

The Information disclosed relates to the proposed business of HNR at the date of this Document. Material information may have changed since the date the Document was compiled. No responsibility is accepted to advise any person of any change or update any of the Information. Neither the provision of this Document nor any information contained in this Document or subsequently communicated to any person in connection with this Document is, or should be taken as, constituting the giving of investment advice to any person. By accepting this Document you acknowledge and agree to be bound by each of the foregoing statements.

The information in this document that relates to exploration results is based on information compiled by Mrs. Amanda Arrowsmith, Exploration Manager, Hannans Reward Ltd who is a Member of the Australian Institute of Mining and Metallurgy. Mrs. Arrowsmith is a full-time employee of Hannans Reward Ltd. Mrs. Arrowsmith has sufficient experience, which is relevant to the style of mineralisation and types of deposits under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined by the 2004 edition of the "Australian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mrs. Arrowsmith consents to the inclusion in the report of the matters based on the information in the form and context in which it appears.

Unsolicited Takeover Bid by Fox Resources Ltd (FXR) for Hannans Reward Ltd (HNR)*

• • Hannans shareholders are advised to TAKE NO ACTION and to ignore all communications from FXR
• •FXR offering 1 FXR share for every 2 HNR shares as per 19/3/2009 ASX Release
• •FXR last sale 15.5 cents; HNR last sale 11 cents
• •No Bidders Statement lodged by FXR due by 30 April 2009
• •FXR cash at bank as at 31 December 2008 was $213,776^
• •FXR working capital deficit at 31 December 2008 was $5.5 million ^
• •FXR estimated 3rd Quarter exploration expenditure $2 million#
• •FXR completed $3.42 million capital raising on 28 April 2009
• •FXR recorded $7.3 million loss for half year 31 December 2008
• • FXR auditors have expressed material uncertainty regarding FXR continuing as a going concern ^
• • FXR believe it will continue as going concern because in negotiations to sell/JV Mt Oscar whilst also pursuing other funding alternatives (?) ^
• •Hannans believes no synergies with FXR on any level

*Figures as at 29 April 2009

^Source: Fox Resources Ltd, Half Year Report for period ended 31 December 2008#Source: Fox Resources Ltd, 2ndQuarter Cash Flow Report, Item 4.1

Hannans Reward Ltd

Board of Directors

• •Richard Scallan (Independent Non-Executive Chairman)
• •Damian Hicks (Managing Director)
• •William Hicks (Non-Executive Director)

Hannans Reward Ltd

Capital Structure

• •Shares – 90,324,979
• •Unlisted Options – 9,967,867 (ex 20,40,50,80)
• •Market Cap - $9.0m
• •Cash at bank - $1.5m
• •Project Value - $7.5m
• •Share price $0.11
• •Top 20 Holders – 50%
• •No. of shareholders - 1,150

Jigalong Project

•100% Hannans Reward

Manganese

• •4 large surface manganese prospects
• •Metallurgical test work currently in progress with results this Quarter
• •If positive results, scoping study to be delivered next Quarter

Iron

• • Type 1 -Hannans reconnaissance drilling identified high grade iron
• •Next phase of in-fill drilling to establish resource (?)
• •Type 2 - New possible channel iron-style mesa identified – Mesa 607 – assay 60% Fe

•Surrounded by major mining companies

•These factors translate to greater leverage for shareholders to exploration success

Manganese

• •East Pilbara Manganese Province
• •Major manganese potential at surface and at depth
• •Cleveland Cliff invested $26m into ASX listed company adjoining Hannans eastern boundary

•South of the Palmary owned Woodi Woodi high grade manganese mine

Jigalong Project

•Outstanding geological positioning

• •Large landholding
• •Large iron targets
• •Large manganese targets

Manganese

• • Bulk sampling of surface manganese completed over three prospects (Hill 616, Zebra Bore and Marumaru)
• • METS (www.mets.net.au) engaged to complete scoping study on surface manganese potential
  • • Stage 1 – Metallurgical test work to establish if a marketable product can be produced from surface manganese
  • • Stage 2 – Subject to positive outcome from Stage 1, completion of scoping study to assess potential economic returns of surface manganese
• •New surface manganese prospect identified – Dead Camel Hill
• •1:25,000 geophoto mapping, in tender

• Manganese enriched shales interbedded with 'barren' shales from Hill 616

riptioDescn	Al2O3	%Fe	%Mn	P%	SiO2	LOI (00°C)11
Hilfurofflahinifl 616thetht tyt; o/chlyshale;r sourewpgmangaerous	6.76	3.40	37.65	0.03	8.85	12.4
iveorin (m)MaMn h0.5ssszo	3.28	9.86	31.06	0.05	23.8	10
ndGully/chih MhalesArMouanganesezone; ogn s	7	8.18	30.02	0.07	20.1	.211
iveorin (m)MaMn h0.5ssszo	4.18	5.01	37.56	0.08	19.5	10.3
Bedded(1m)finraidifeinshalee gnemanganreouszone	4.6	11.12	34.44	0.08	20	10.1
Hill 616flat tyt; o/chihlynifshale;rewpgmangaerous	5.38	11.26	29.74	0.08	16.7	10.6
chshaleithinon bdsMur Mmoremany w	4.18	5315.	23.54	0.09	25.8	10
ssivn horiinmiwithshaledinahorizoMae Mn 51mterttantntzomxmoreomns	65.5	13.29	30.13	0.09	.315	10.9
Hilf flhinifl 616uthattyrt; o/chlyshale; sooe wpgmangaerous	5.09	13.36	33.31	0.10	4.83	13.1
ThinMnbdsinshalean	3.53	12.87	27.03	0.10	23.8	9.96
Massive Mn horin (1.0m)zo	4.79	12.80	26.95	0.10	24	10.2
dded()finraidifeinshaleBe1me gnemanganreouszone	4.73	14.27	34.33	0.10	9.11	12.6
MautcinMnbt of Hill 616nganese orop; eas	5.6	13.51	33.35	0.10	5.2
Massive Mn bdsinshale(shorizos JIG050)anamen a	4.47	13.78	28.42	0.10	18.3	11
innbf Hill 616MautcMt onganese orop; eas	4.65	10.26	27.27	0.10	24.91
ssivoriithMae Mn hshalebdszon wan	5.72	12.31	34.08	0.12	8.71	13.1
MautcinMnbt of Hill 616nganese orop; eas	4.91	13.49	23.99	0.12	24.85
Massive Malmt nudulan,osr	6.87	13.78	34.31	0.12	6.6	13.4
laeurfithinon bdsPar Mosace wman	5.01	20.21	29.66	0.13	47.7	12.6
Shaleithinomiodular My wmn;senr	5.62	10.21	31.29	0.13	19.9	11.7
ithinomiShaler Modulay wmn;senr	5.1	11.82	26.18	0.13	25.4	10.6
Massive Mutc(0.8m)n orop	3.8	15.95	25.48	0.14	21.2	10.7
Massive Mn horiithshalebdszon wan	4.48	20.56	29.90	0.16	4.73	12.5
Bitshaledirtlybelowalarfamorey;ecpeosuce	4.27	23.85	23.31	0.18	12.1	10.9
Massive Mn horizon	3.72	13.08	30.28	0.21	18.8	10.2
Smallutcf msivithinotsofshalelose tlaeurfe Moropoasn wmr amoun; copaosace	4.33	14.83	27.49	0.22	17.7	10.8
Mndulesinslonoscreepe	4.15	11.12	34.39	0.40	13.3	10.7

Hill 616 – XRF assay results from rock chip samples

Marumaru-Looking southeast across manganiferous scree-plain and sub-crop

Outcropping manganese at Marumaru (left) and drill testing manganese targets (below)

Iron

• •Highly prospective for iron and manganese
• •~2,000km2 in area
• •50kms east of BHP's Jimblebar iron mine and railway
• •110kms east of Newman
• •Surrounded by major mining companies

Iron – Mijimiji

•1st 45 RC holes targeting iron (for 5,642m) completed, high grade iron intersected:

• •20m@62%Fe (incl. 10m@65%Fe)
• •42m@59%Fe (incl. 10m@62%Fe)
• •16m@59% Fe (incl. 6m@60%Fe)
• •~ 8km strike length
• •~ 300m breadth
• •Assays for 3 RC holes, pending

JIG121		$\pmb{\times}$
Sample_	JIG121
Easting	254811
Northing	7371507
Elevation	607
Description	Mesa o/c of dense, cernented pisolithic & lithicrich hematite-goethite laterite cap "Mesa 607"
	Assay: 60.39% Fe, 65.6% CaFe*,2.85% $iO2, 0.065% P, 1.81%Al203, 7.95% LOI
	JIG 121	560m

JIG 121 rock chip sample at Mesa 607; Jigalong Project

Mesa 607; Jigalong Project

Mesa 607; goethite cemented pisolitic laterite

JIG121;goethite cemented pisolitic laterite

Nickel Sulphide Projects

• •Forrestania
• •Queen Victoria Rocks
• •Lake Johnston (also Cu-Mo-Au)

Forrestania Nickel Sulphide Project

•Recent discovery of Spotted Quoll (2,021,600 tonnes at an average grade of 6.2% nickel for 125,460 tonnes contained nickel) by Western Areas NL confirms potential to discover high grade nickel sulphide deposits close to surface

• Historically the known channel facies ultramafic south of Beautiful Sunday has been controlled by one tenement owner enabling effective and comprehensive exploration strategies that have resulted in substantial exploration discovery

Queen Victoria Rocks Nickel Sulphide Project

• •World class partner
• •Funding exploration
• •Meaningful equity position

Lake Johnston Nickel Sulphide Project

•The Lake Johnston Project (now203km2) is now a major multicommodity exploration project

•New tenement application substantially increases strike length of ground prospective for nickel sulphides to over 10km

•Heritage approvals for Lake Johnston recently granted enabling further exploration for copper-molybdenumgold mineralisation to commence on the lake

Gold Project

• JV partner Australian Mineral Fields Ltd scheduled to commence RC drilling of gold targets July 2009

Planned RC drilling at Mt Stewart; image courtesy of Australian Mineral Fields Ltd. Red zones: 500ppbAu in drill holes contour, Orange zones: 50ppm As contour, Inverted diamonds: planned RC drill holes, Stars: Hannans Reward drill holes

Contact Details

Mr Damian Hicks Managing Director

+61 8 9324 3388 (Office Telephone)+61 8 9324 3366 (Office Facsimile)

Street Address: Ground Floor, 28 Ord Street, West Perth

Postal Address: PO Box 1227, West Perth, WA, 6872

DamianH@hannansreward.com(E-mail)

www.hannansreward.com(Web)