REDIVIUM LIMITED — Interim / Quarterly Report 2011

Jul 28, 2011

Appendix 5B

Rule 5.3

Year to date (12 months)

Mining exploration entity quarterly report

Introduced 1/7/96. Origin: Appendix 8. Amended 1/7/97, 1/7/98, 30/9/2001, 01/06/10.

Name of entity

HANNANS REWARD LTD

52 099 862 129 30 JUNE 2011

ABN Quarter ended ("current quarter")

Current quarter $A'000

Consolidated statement of cash flows

Cash flows related to operating activities

			$A'000
1.1	Receipts from product sales and related debtors
1.2	Payments for(a) exploration & evaluation	(907)	(5,032)
	(b) development	-	-
	(c) production	-	-
	(d) administration	(352)	(1,112)
1.3	Dividends received	-	-
1.4	Interest and other items of a similar naturereceived	64	245
1.5	Interest and other costs of finance paid	(2)	(7)
1.6	Income taxes paid	-	-
1.7	Other (reimbursement of shared office expenses)	-	47
	Net Operating Cash Flows	(1,197)	(5,859)
1.81.91.101.11	Cash flows related to investing activitiesPayment for purchases of:(a) prospects(b) equity investments(c) other fixed assetsProceeds from sale of:(a) prospects(b) equity investments(c) other fixed assetsLoans to other entitiesLoans repaid by other entities	-(28)(16)---(1,500)-	-(32)(138)-4,244-(2,360)-
1.12	Other (provide details if material)	-	-
	Net investing cash flows	(1,544)	1,714
1.13	Total operating and investing cash flows (carriedforward)	(2,741)	(4,145)

+ See chapter 19 for defined terms.

1.13	Total operating and investing cash flows(brought forward)	(2,741)	(4,145)
1.141.151.161.171.18	Cash flows related to financing activitiesProceeds from issues of shares, options, etc.Proceeds from sale of forfeited sharesProceeds from borrowingsRepayment of borrowingsDividends paid	---(5)-	--113(17)-
1.19	Other (provide details if material)Net financing cash flows	-(5)	-96
	Net increase (decrease) in cash held	(2,746)	(4,049)
1.201.21	Cash at beginning of quarter/year to dateExchange rate adjustments to item 1.20	3,485-	4,788-
1.22	Cash at end of quarter	739	739

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

		Current quarter$A'000
1.23	Aggregate amount of payments to the parties included in item 1.2	97
1.24	Aggregate amount of loans to the parties included in item 1.10	-

1.25 Explanation necessary for an understanding of the transactions 1.23 – Payment of executive and non-executive director's fees.

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows N/A
• 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

N/A

+ See chapter 19 for defined terms.

Financing facilities available

Add notes as necessary for an understanding of the position.

		Amount available$A'000	Amount used$A'000
3.1	Loan facilities	-	-
3.2	Credit standby arrangements	-	-

Estimated cash outflows for next quarter

	Total	1,455
4.4	Administration	300
4.3	Production	-
4.2	Development	-
4.1	Exploration and evaluation	1,155
		$A'000

Reconciliation of cash

Reconciliation of cash at the end of the quarter (asshown in the consolidated statement of cash flows) tothe related items in the accounts is as follows.		Current quarter$A'000	Previous quarter$A'000
5.1	Cash on hand and at bank	739	3,485
5.2	Deposits at call	-	-
5.3	Bank overdraft	-	-
5.4	Other (provide details)	-	-
	Total: cash at end of quarter (item 1.22)	739**	3,485

** Funding for the on-going activities of the Company will be provided from the sale of listed equities which have current value of approximately $28.7 Million

+ See chapter 19 for defined terms.

Changes in interests in mining tenements

		Tenement	Nature of interest	Interest at	Interest at
		reference	(note (2))	beginning	end of
				of quarter	quarter
6.1	Interests in mining	Nil	Nil	Nil	Nil
	tenements relinquished,
	reduced or lapsed
6.2	Interests in mining	E77/1955	Application	0%	0%
	tenements acquired or	E77/1960	Application	0%	0%
	increased	P77/4062	Application	0%	0%
		E77/1950	Application	0%	0%
		E77/1959	Application	0%	0%
		E15/1303	Application	0%	0%
		E77/1951	Application	0%	0%
		E52/2695	Application	0%	0%
		E15/1234	Granted	0%	100%
		P16/2691	Granted	0%	100%
		P16/2692	Granted	0%	100%
		P77/3998	Granted	0%	100%
		P77/3999	Granted	0%	100%
		P77/4000	Granted	0%	100%
		P77/4001	Granted	0%	100%
		P77/4002	Granted	0%	100%
		P77/4003	Granted	0%	100%
		P77/4004	Granted	0%	100%
		P77/4005	Granted	0%	100%
		P77/4006	Granted	0%	100%
		P77/4007	Granted	0%	100%
		P77/4008	Granted	0%	100%
		P77/4009	Granted	0%	100%

+ See chapter 19 for defined terms.

Issued and quoted securities at end of current quarter

Description includes rate of interest and any redemption or conversion rights together with prices and dates.

		Total number	Number quoted	Issue price per	Amount paid up per
				security (see note	security (see note 3)
7.1	Preference			3) (cents)	(cents)
	+securities	-	-	-	-
	(description)
7.2	Changes during
	quarter(a) Increases	-	-	-	-
	through issues
	(b) Decreases	-	-	-	-
	through returns
	of capital, buybacks,
	redemptions
7.3	+Ordinary
	securities	131,648,715	131,648,715	-	-
7.4	Changes during
	quarter
	(a) Increases	-	-	-	-
	through issues
	(b) Decreasesthrough returns	-	-	-	-
	of capital, buy
	backs
7.5	+Convertible	-	-	-	-
	debt securities(description)
7.6	Changes during
	quarter
	(a) Increasesthrough issues	-	-	-	-
	(b) Decreases	-	-	-	-
	through
	securities
	matured,converted
7.7	Options			Exercise price	Expiry date
	(description and	2,000,000		20 cents	31 July 2011
	conversionfactor)	1,000,000100,000		80 cents40 cents	30 June 201230 June 2012
		1,000,000		80 cents	30 June 2013
		300,000		20 cents	20 July 2013
		300,000		75 cents	20 July 2013
		300,000		100 cents	20 July 2013
7.8	Issued during
	quarter	-	-	-	-
7.9	Exercised during	-	-	-	-
7.10	quarterExpired during			Exercise price	Expiry date
	quarter	2,250,000	-	80 cents	30 June 2011

+ See chapter 19 for defined terms.

7.11	Debentures(totals only)	-	-
7.12	Unsecurednotes (totalsonly)	-	-

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act 2001.
• 2 This statement does give a true and fair view of the matters disclosed.

Michael Craig Company Secretary 29 July 2011

Notes

• 1 The quarterly report provides a basis for informing the market how the entity's activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.
• 2 The "Nature of interest" (items 6.1 and 6.2) includes options in respect of interests in mining tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.
• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities*.*
• 4 The definitions in, and provisions of, AASB 1022: Accounting for Extractive Industries and AASB 1026: Statement of Cash Flows apply to this report.
• 5 Accounting Standards ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

+ See chapter 19 for defined terms.