ASX RELEASE
18 March 2015
ASX CODE
RWD
SHARE PRICE
$0.55
SHARES ON ISSUE
111.7M
OPTIONS
24.1M ($0.25 - $1.09)
MARKET CAPITALISATION
$61.4M (undiluted)
CASH POSITION
~$5.0M
(Dec'14 Qtly + Listed Investments)
DIRECTORS & MANAGEMENT
Colin McCavana
Chairman
Rod Della Vedova
Non-Executive Director
Michael Ruane
Managing Director
Daniel Tenardi
Projects Director
Paul Savich
Corporate Development Officer
Bianca Taveira
Company Secretary
KEY PROJECTS
LD Potash Project Karly Potash Project Dora Potash Project
HEAD OFFICE
Reward Minerals Ltd
159 Stirling Highway
Nedlands WA 6009
PO Box 1104
Nedlands WA 6909
ACN 009 173 602
ABN 50 009 173 602
T: 08 9386 4699
F: 08 9386 9473
E: [email protected]
Clarification Statement
JORC (2004) Compliance for LD Project Resource in
ASX Release of 12 March 2015
In relation to the announcement titled 'LD Project - Resource Expansion Drilling Commences' released to the ASX on 12 March 2015, Reward Minerals Limited ("Reward" or the "Company") wishes to clarify that it is currently reporting under the guidelines in the
2004 edition of the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code 2004), as stated in the below Competent Persons Statement.
Yours sincerely,
Bianca Taveira
Company Secretary
Competent Persons Statement
The information in the announcement that relates to the Mineral Resource Estimate for the LD Project is based on information compiled by Mr Simon Coxhell who is a full-time employee of Coxrocks Pty Ltd. Mr Coxhell is a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy and is a consultant to Reward Minerals Ltd. Mr Coxhell has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being 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'. Mr Coxhell consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
The information with respect to Resources was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.
www.rewardminerals.com