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REDIVIUM LIMITED — Board/Management Information 2012
Aug 1, 2012
65703_rns_2012-08-01_7647d237-5437-4b5f-8e31-8bc81674f646.pdf
Board/Management Information
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HANNANS
2 August 2012
ASX & MEDIA ANNOUNCEMENT
HANNANS BOARD GIVEN A BOOST WITH APPOINTMENT OF NEW DIRECTORS
Hannans Reward Ltd (ASX:HNR) (Hannans) is pleased to announce the appointment of Mr Olof Forslund and Mr Markus Bachmann as non-executive Directors. The appointments will add Swedish and International experience to the Hannans Board.
Olof Forslund
- Founding Director of Scandinavian Resources appointed July 2008
- Previously Regional Manager of the Geological Survey of Sweden's Mineral Resources Information Office in Mala, Sweden
- Geophysicist with extensive international experience
Markus Bachmann
- Director of Scandinavian Resources since January 2011
- Founding Director of Craton Capital
- Major shareholder of Hannans since 2005
Mr Olof Forslund
Mr Forslund was responsible for the creation of Scandinavian Resources Ltd (Scandinavian Resources) in early 2008. It was principally Mr Forslund's vision, in depth understanding of mineral opportunities in Sweden and extensive networks that lead to the creation Scandinavian Resources.
Mr Forslund is a geophysicist and has extensive international experience in the mineral exploration industry, particularly in the development and application of geophysical instruments and radar technology. His assignments have covered activities in Sweden, Japan, South Korea, Germany, Belgium, Italy, France, Canada and the USA.
Mr Forslund commenced with Geological Survey of Sweden (SGU) in 1966 and during the period 2003 – 2007 was Regional Manager of the Geological Survey of Sweden's Mineral Resources Information Office in Mala, Sweden. SGU's office in Mala serves as a 'one-stop' information office for all those conducting exploration in Sweden.
From 1999 - 2003 Mr Forslund was project manager for Georange, a non-profit organisation whose main task is to expand the concept of 'development' in the mining and minerals industry in Sweden. Georange has today about 50 members from municipalities, organisations, universities and private companies. Whilst involved with the Georange project, Mr Forslund was responsible for the raising of approximately SEK100 million from various organisation and governments including the European Union to fund Georange activities.
6 Outram Street West Perth, Western Australia F: +61 8 9324 3366 Postal Address: PO Box 1227 E: [email protected] West Perth, WA 6872, Australia W: www.hannansreward.com Facebook: Hannans Reward
T: +61893243388 Twitter: hannansreward
Mr Markus Bachmann
In 2001, Mr Bachmann was Senior Portfolio Manager with Coronation Fund Managers in Cape Town when it was awarded the Standard & Poor's Award for Manager of the Best Performing Large Cap Equity Unit Trust in South Africa. Mr Bachmann graduated with Honours ("cum laude") from the University of Berne, Switzerland and began his corporate finance career in 1993.
In 2003, Mr Bachmann was founding partner of Craton Capital (cratoncapital.com) and is the Chief Executive Officer. Craton Capital was awarded Fund Manager of the Year at the Mining Journal's "Outstanding Achievement Awards" announced in London during December 2010 for the Craton Capital Precious Metal Fund. The award is one of the most prestigious fund awards in the mining industry.
Craton Capital has offices in Johannesburg, South Africa and in Zurich, Switzerland.
Craton Capital has been a major shareholder of Hannans since 2005 and Scandinavian Resources since 2010.
Mr Bachmann brings an extensive network of contacts in Europe and Africa to the Board which will assist with rapidly growing Hannans minerals portfolio in Australia, Sweden and Norway including its flagship Sweden Iron Project.
HANNANS SUMMARY
Hannans holds a global portfolio of mineral assets in Sweden, Norway and Australia. Hannans has a dual strategy focused on creating a pathway to production for the Kiruna Iron Project in Sweden, supplemented with precious and other base metals exploration in Sweden, Norway and Australia.
Sweden & Norway
- Flagship Sweden Iron Project is 30km from the 2Bt Kiruna iron mine (owned by LKAB) the $\bullet$ world's largest and most modern underground iron mine.
- Pipeline of projects covering gold, copper-gold and lead-zinc prospects in Sweden and Norway. $\bullet$
Australia
- Forrestania nickel & gold project 7km north of Western Area's Flying Fox nickel mine $\bullet$
- Lake Johnston nickel & gold project located 25km south east of Norilsk's Maggie Hays nickel mine $\bullet$ and 100kms west of Norseman, Western Australia.
- Queen Victoria Rocks nickel and gold project located 30km south-west of Coolgardie, Western Australia.
- ligalong base metals project located 150km east of Newman, Western Australia $\bullet$
For further information please contact:
Damian Hicks Managing Director Hannans Reward Ltd Tel: +61 8 9324 3388 Ben Della-Vedova Business Development Manager Hannans Reward Ltd Tel: +61 8 9324 3388
Rule 3.19A.1
Appendix 3X
Initial Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
| Name of entity | HANNANS REWARD LIMITED |
|---|---|
| ABN | 52 099 862 129 |
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | MARKUS BACHMANN |
|---|---|
| Date of appointment | 2 AUGUST 2012 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Number & class of securities
Nil
+ See chapter 19 for defined terms.
Part 2 – Director's relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interestNote: Provide details of the circumstances giving rise to therelevant interest. | Number & class of Securities |
|---|---|
| Craton Capital Funds | 47,700,000 Ordinary Full Paid Shares |
Part 3 – Director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Detail of contract | N/A |
|---|---|
| Nature of interest | N/A |
| Name of registered holder(if issued securities) | N/A |
| No. and class of securities to whichinterest relates | N/A |
+ See chapter 19 for defined terms.
Rule 3.19A.1
Appendix 3X
Initial Director's Interest Notice
Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.
Introduced 30/9/2001.
| Name of entity | HANNANS REWARD LIMITED |
|---|---|
| ABN | 52 099 862 129 |
We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.
| Name of Director | KJELL OLOF FORSLUND |
|---|---|
| Date of appointment | 2 AUGUST 2012 |
Part 1 - Director's relevant interests in securities of which the director is the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.
Number & class of securities
Nil
+ See chapter 19 for defined terms.
Part 2 – Director's relevant interests in securities of which the director is not the registered holder
In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust
| Name of holder & nature of interestNote: Provide details of the circumstances giving rise to therelevant interest. | Number & class of Securities |
|---|---|
| N/A | |
Part 3 – Director's interests in contracts
Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.
| Detail of contract | N/A |
|---|---|
| Nature of interest | N/A |
| Name of registered holder(if issued securities) | N/A |
| No. and class of securities to whichinterest relates | N/A |
+ See chapter 19 for defined terms.