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REDIVIUM LIMITED AGM Information 2014

Nov 19, 2014

65703_rns_2014-11-19_38ee13d0-d972-4be2-9fa8-e0d9a8ac15b8.pdf

AGM Information

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ASX:HNRwww.hannansreward.com

ANNUAL GENERAL MEETING

20th November 2014Perth, Australia

Hannans Reward Ltd ABN: 52099862129

DISCLAIMER

This Document and the information contained herein and any presentation (collectively referred to as "Information") is proprietary to Hannans Reward Limited ("the Company", "Hannans Reward" or "Hannans").

This Document is intended to provide general background on the Company. It is not a disclosure document and is not intended as an offer, invitation, solicitation or recommendation with respect to any potential transaction.

Securities of micro cap exploration companies, typically involve a high degree of risk and as such, any investment in the Company must be considered as purely speculative. The Information in this presentation does not purport to cover all relevant information about any potential investment in the Company. Accordingly potential investors are advised to seek appropriate independent advice, if necessary, to determine the suitability of this investment. You should not solely act in reliance on the material in this presentation. This presentation does not purport to be all inclusive or to contain all information which its recipients require in order to make an informed assessment of the Company's prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy or completeness of the information, statements, and opinions contained in this presentation before deciding whether to make an investment into Hannans.

The Document contains reference to certain intentions, expectations and plans of the Company. 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 the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company 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 the Company 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 currency used throughout the presentation is Australian Dollars unless otherwise stated.

Infrastructure, locomotives, ore wagons, unloading facilities, mining operations, drill rigs, windmills, ships nor reindeers are owned by Hannans. Hannans does not own any of the infrastructure in this presentation.

STRATEGY

Vison

Our vision is to build a successful exploration and production company.

Mission

Our mission is to develop a company that has a material interest in a portfolio of mineral projects that are being rapidly progressed whether they are exploration, development or production assets.

We recognise that maintaining a professional, knowledgeable and ethical team of directors, employees and consultants is the key to our business.

Our focus is to provide shareholders with a satisfactory return on investment on managing our people, projects and capital in an entrepreneurial and responsible manner.

(Source: Hannans Annual Report 2014)

ASSETS

Pahtohavare Copper Project (Sweden)

  • Brownfields copper project with drill ready copper sulphide targets
  • Copper oxide resource1 (1.4Mt @ 1.8% Cu) amenable to contract mining with excellent access to infrastructure

Rakkuri Iron Project (Sweden)

High quality iron project, strategically located with excellent access to infrastructure

Lannavaara Iron Project (Sweden)

  • Large iron project at early stage of development
  • Opportunity for development of natural gas pipeline to supply Lapland with energy

Exploration Portfolio (Sweden & Australia)

Lake Johnston Nickel Project: 20% free carried interest in nickel project located along

strike from nickel mine currently being brought back into production

Altavaara (Cu, Au, Fe), Särksjön (Poly Metallic)

Capital

  • $3m due to Hannans during 2015 from Avalon Minerals Ltd (ASX:AVI) (subject to grant of mining lease)
  • ~$0.75M cash and receivables

ACHIEVEMENTS 2014

Pahtohavare Copper Project

  • Completed plans for drill testing copper sulphide targets
  • Completed metallurgical test work on oxide copper ore
  • Commenced internal scoping study on production potential of oxide ore

Kiruna Iron Project

Entered into exclusive due diligence agreement with Third Party in consideration for receipt of USD1 Million

Lannavaara Iron Project

  • Completed 1st round of information meetings with Stakeholders
  • Commenced scoping study on production potential of Paljasjärvi deposit
  • Completed study for natural gas and iron concentrate pipeline

Divestments

Entered into Joint Venture Agreement with Reed Resources Ltd (ASX:RDR) over Lake Johnston Nickel Sulphide Project and maintained 20% free carried interest

R&D

Initiated research in to cost effective geophysical surveys and geochemical drilling Corporate

Nil equity issued during the year

CHALLENGES 2014

Commodities Prices

  • Collapse of iron ore price (decreased by ~45% in 2014)
  • Volatility and falls in copper, nickel and gold prices

Exploration

  • Fall in exploration expenditure by resource companies on global basis made finding strategic partners very difficult
  • Minimal appetite for greenfields exploration projects

Value Destruction

  • Collapse in value of small-mid cap iron ore companies globally and collapse in equity markets for small-mid cap natural resources companies
  • High profile Administration/Bankruptcy of Northland Resources in Sweden and the Talvivaara Mining Company in Finland has negatively impacted the investment and local community's view of Scandinavia as a suitable investment jurisdiction (Note however the successful sale by Altona Mining Ltd (ASX:AOH) of its Finnish mine to Boliden for USD$95M)

Social & Environmental

  • Increased public focus on environmental damage caused by certain mines
  • Sami Parliament position is that all natural resources above and below the ground belong to the Sami

GOALS 2015

Pahtohavare Copper Project

  • Intersect copper sulphide mineralisation beneath existing Southern and Central deposits & identify new mineralisation between existing Southern and Central deposits
  • Complete scoping study on copper oxide ore

Kiruna Iron Project

Realise / Protect value of Rakkuri

Lannavaara Iron Project

Continue scoping study

Exploration

Lake Johnston Nickel Project: monitor progress of exploration by JV partner

R&D

Test airborne geophysical system & geochemical drilling system in an attempt to reduce the costs of exploring through the glacial moraine

Corporate

  • Consider corporate actions / project acquisitions that have potential to improve shareholder returns
  • Receive $3M from Avalon Resources Ltd (ASX:AVI) (subject to grant of mining lease)
  • Limit equity issues (if any)

DIRECTORS & MANAGEMENT

Damian HicksManaging Director

  • • Co-Founder of Hannans Reward Ltd (2002).
  • • Financial, legal and compliance qualifications
  • • Non-executive director of funds management company Growth Equities

Jonathan Murray Non-Executive Director

  • •Director of Hannans Reward Ltd (2010).
  • •Partner of Steinepreis Paganin
  • • Principal legal practice areas include equity capital markets, takeovers, project acquisitions and divestments, corporate governance, commercial law and strategy.

Markus BachmannNon-Executive Director

  • • Director of Hannans Reward Ltd (2012).
  • • Corporate finance professional and founding partner of Craton Capital.
  • • Craton Capital awarded Fund Manager of the Year at the Mining Journal's "Outstanding Achievement Awards" during December 2010.

Olof ForslundNon-Executive DirectorDirector of Hannans Reward Ltd (2012).

  • Geophysicist with extensive international experience in the mineral exploration industry.
  • • Previously Regional Manager of SGU Mineral Resources Information Office.

Magnus Arnqvist Non-Executive Director, Kiruna Iron AB

  • •MD of Bergteamet
  • •Ex-MD of Europe's largest zinc mine.
  • • Mining engineer with Rapallo (Australia) and Mine Manager of the Kristineberg, Storliden and Maurliden Mines (owned by Boliden).

8

Amanda ScottExploration Manager

  • •Geologist with 10 years experience.
  • • Responsible for developing the Kiruna Iron Project portfolio and the SCR gold and base metals portfolio since inception.
  • • Previously Exploration Manager for Hannans Reward Ltd (2008-2010) and Scandinavian Resources Ltd (2010–2012)

CAPITAL STRUCTURE

# Name %
1 ERI 16.6
2 CCilttraonapa 8.9
3 BDdrucerummon 3.0
4 JPLdttteoseay 2.8
5 EPLdttrrawarray 2.2
STbl5ttopoau 33.6
TSbl20ttopuoa 48.3
1,16Hld7oers 100.0
Di&trecorsMtanagemenHldiongs 9.7

Red: Hannans Reward Ltd Blue: ASX 300 Metals and Mining (Industry) Source: ASX

ShIaresonssue OiItponsonssue
721,966,133 Nil

LOCATION

HIGH GRADE DEPOSITS

Ditepos Pdi/Rtrouconeserves Hitsory Miliitnerasaon
Sildtoren,Sdween @C1.86M8.8%Z3.1%ditn,procngu,ukfkfi52150ttocopper,oznc. Didi1998bNhAliNlttttscoerenorancaravyuR(dLdiMii),iiesourcesrenameunnnngmnngdijiihBliditttcommencenonvenurewoenn2002,ldi2008.cosen SVM
Slidtvaren,Sdeenw @M/Adik34.72370ttguproucngoz DidiidbD1994,scoverenacqureyragonMiii1999.Oiiidtnngnpenpmnngcommencei2004flldbddiiinooenergronmnngnwyuu2011,ldi2013cosen LdGldoeo
Zikngruvan,Sdeenw Cturrenreserves:@ZRih11.8M9%Z3.6%Pb,tn-cn,:/[email protected]%0.4%tu-cu,n,:31/Atgg DidiidbLdi1857,scoverenacqureyunnMiifRiTii2004.tnngromonon SEDEX
Kiibtrsneerg,Sdeenw Tldid()Mtttt201327.8toaprouconoae@C//3.4%Z1.04%1.4A397ttn,ggu,u,A0.4%Pbg,CM4.8tturrenreserve:C6.4Mtturrenresource: DidiMiidi1918.scoverennngcommencen1940'sPdibBliditroconoenongong,uy/l650ktttcrrenar.uyy VMS
Kllhi,tyyaFildnan @CMCt4.2t1.6%urrenreserve:u,/0.A0.6%Z7tgnu,[email protected]%ttrrenresorceuu:u,/AZ0.70.5%tgu,n DidibOkid1984tscoverenyuoumpu,acqure(SO)bAlMiiLdAXAHi2010,ttonanngny:iidi2012dldmnngrecommencenanassowBlidi2014tooenn Ohilitpoe

Examples of high grade deposits discovered, developed and mined in Scandinavia

11Source : Company web sites

PAHTOHAVARE

  • Potential for 2-3 high grade copper deposits across the Project
  • At Southern, there is high potential for continuation of copper ore beneath the lowest mined level ~200m. Historical production of ~1.7Mt @ 1.9% Cu, 0.9g/t Au
  • At Central, there is high potential for continuation of copper-gold sulphide ore beneath oxide ore
  • At Central, metallurgical testwork on oxide copper ore is positive, an internal scoping study to assess CAPEX and OPEX is in progress
  • Between Southern and Central there ispotential for copper-gold ore, currently ZERO drilling testing contiguous host stratigraphy
  • Drilling workplan lodged (November 2014) to test copper-gold sulphide targets, approval pending
  • Drilling conditions are difficult due to the fractured nature of the ground

PAHTOHAVARE

Drill ready copper sulphide targets beneath current high-grade copper sulphide mineralisation at Southern

PAHTOHAVARE

Drill ready copper sulphide targets beneath currently defined oxide copper mineralisation at Central

RAKKURI

Rakkurijoki

Current JORC Inferred resource of 74.5Mt @39.7% Fe (down to 350m) - mineralisation currently open at a depth of >400m - positive scoping study completed in February 2013

Rakkurijärvi

Current JORC Inferred resource of 69.6Mt @28.5% Fe (drill spacing to 150m) - mineralisation currently open at a depth of ~150-300m; additional resource drilling required

Rakkuri (Combined)

  • Ore upgrades to +68% Fe product (DTR-analysis) & requires flotation of sulphides
  • Excellent location for mining - 4km from Kiruna, ~1km from open access, heavy gauge rail, 250m from the road
  • Area of national interest for mining & reindeer herding
  • Potential for a 15 year open pit mining operation

LANNAVAARA

  • Potential to be a large, long-life (+25 year) project; at the conceptual stage
  • Proven high iron content product (+69% Fe) & requires flotation of sulphides.
  • Low sovereign risk jurisdictions (Sweden, Finland and Norway).
  • Strong interest in development of new infrastructure in northern Finland & Norway
  • Completed initial consultations with stakeholders in three countries
  • Completed study into technical feasibility of natural gas and slurry pipeline – positive
  • Planned study into environmental approvals and social licenses to operate
  • Planned study into supplying natural gas into Lapland

LAKE JOHNSTON

  • Initial drill testing of highly prospective nickel sulphide targets completed in November 2014, assays pending
  • Nickel targets located adjacent to Poseidon Nickel Limited's (ASX:POS) Lake Johnston Project (acquisition completed 13 November 2014)
  • Hannans' 20% interest free carried by Reed Resources Ltd (ASX:RDR) through to a Decision to Mine
  • Hannans has leverage to exploration success and project consolidation

CONTACT DETAILS

Damian Hicks, Managing Director, +46703220226 Amanda Scott, Exploration Manager, +46703225133 Mindy Ku, Finance & Compliance Manager, +61893243388

www.hannansreward.com(W)

COMPLIANCE STATEMENTS

The information in this document that relates to exploration results is based on information compiled by Amanda Scott, a Competent Person who is a Member of the Australian Institute of Mining and Metallurgy (Membership No.990895). Amanda Scott is a full-time employee of Hannans Reward Ltd. Amanda Scott 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 in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Amanda Scott consents to the inclusion in the report of the matters based on her information in the form and context in which it appears.

The information in this document that relates to Mineral Resource and Exploration Target Estimates for Pahtohavare is extracted from the report entitled "Re-Release of Maiden JORC Resource at Pahtohavare To Comply With JORC" created on 31 January 2014 and is available to view on the Company's website (www.hannansreward.com). The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and in the case of Mineral Resources or Ore Reserves that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.

The information in this document that relates to Mineral Resource Estimates for Rakkurijoki and Rakkurijärvi is extracted from the report entitled "Kiruna Iron Project JORC Resource Update" created on 17 January 2012 and is available to view on the Company's website (www.hannansreward.com). The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and in the case of Mineral Resources or Ore Reserves that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement.