REDIVIUM LIMITED — Capital/Financing Update 2012

Sep 24, 2012

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25 September 2012

ASX & MEDIA ANNOUNCEMENT

HANNANS TO DIVEST NICKEL SULPHIDE PROJECTS IN WESTERN AUSTRALIA

Hannans Reward Ltd (ASX:HNR) ( Hannans or the Company ) wishes to advise that its Board of Directors has authorised a process to divest its nickel sulphide portfolio in Western Australia ( Divestment Process ) which comprises the:

• Forrestania Project (east of Hyden, Western Australia);

• Lake Johnston Project (west of Norseman, Western Australia); and

• Queen Victoria Rocks Project (south-west of Coolgardie, Western Australia) (see the Appendix for a detailed map).

The Divestment Process is consistent with Hannans’ business strategy of incubating mineral projects in wellknown mining jurisdictions and its immediate focus on the advancement of its Kiruna Iron project in Sweden. As a result of this Divestment Process, Hannans will commence engaging with potential investment partners to further develop and enhance its Western Australian nickel projects.

The objective of the Divestment Process is to enable Hannans to allocate a larger proportion of funds towards the exploration and development activities in Sweden and Norway.

Commenting on the Divestment Process, Mr Richard Scallan, Hannans’ Chairman, said,

“Our strategy is being shifted away from purely greenfield exploration to a balance between exploration and development. Our main focus is on developing the Kiruna Iron project in Sweden. Hannans now has an appropriate balance between exploration, and development in copper, gold, and iron which positions the Company for future growth.”

Further information will be made available at a presentation to be made at the Australian Nickel Conference in Perth on 4 October 2012, which will be available on the ASX platform and the Hannans website.

For further information on the Divestment Process please contact:

Damian Hicks Ben Della-Vedova Managing Director Business Development Manager Hannans Reward Ltd Hannans Reward Ltd Tel: +61 8 9324 3388 Tel: +61 8 9324 3388 Email: damianh@hannansreward.com Email: bendv@hannnansreward.com

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Appendix – Location of Hannans’ Nickel Sulphide Portfolio

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