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REDIVIUM LIMITED — Capital/Financing Update 2011
Jun 30, 2011
65703_rns_2011-06-30_ddf24237-a766-4623-b24a-3557882727cb.pdf
Capital/Financing Update
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ASX Announcement / Media Release 1 July 2011
Fast Facts ASX Code: HNR
UNLISTED OPTIONS
Lapse of Unlisted Options
Capital Structure
Shares on issue: 131.6m Options on issue: 5m (ex 20c to $1) Market cap: $24m (at 18c)
The Company wishes to advise that 2,250,000 unlisted Options exercisable at $0.80 per option expired unexercised on 30 June 2011.
Summary
Financial Position (at end of Quarter)
Cash on hand: $3.485m (Mar 2011) Value of Equity Positions: $28.75m
Board of Directors
Richard Scallan Chairman Damian Hicks Managing Director William Hicks Non-Executive Director Jonathan Murray Non-Executive Director
Projects (Western Australia)
Forrestania Nickel & Gold QVR Nickel Lake Johnston Nickel & Gold Jigalong Manganese and base metals
Hannans Reward Ltd has developed a suite of prospective exploration projects within Australia covering nickel, gold and manganese; whilst the flagship exploration is the Forrestania nickel project located in the world class Forrestania nickel belt. Hannans is a shareholder of Atlas Iron Ltd. Hannans’ shareholders are exposed to share price appreciation through exploration success at the following projects: Forrestania – nickel & gold project 7km north of Western Area’s Flying Fox nickel mine, a portion of the Stormbreaker Prospect includes a Joint Venture with Cullen Resources Ltd (Hannans – 80%, Cullen – 20% free carry).
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Lake Johnston – nickel & gold project located 25km south east of Norilsk’s Maggie Hays nickel mine and 100kms west of Norseman
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Jigalong – manganese & base metals project located 150km east of Newman, WA
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Queen Victoria Rocks - nickel and gold project located 30km south-west of Coolgardie, WA
For further information please contact:
Damian Hicks James Harris Hannans Reward Professional Public Relations Tel: +61 8 9324 3388 Tel: +61 8 9388 0944
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