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Re: News Releases - Wednesday, May 20, 2009
Bannerman Confirms Formal Renewal of Etango Project Exploration
Licence
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Perth, Australia - May 20, 2009 - Bannerman Resources Limited (ASX:
BMN, TSX: BAN, NSX: BAN) ("Bannerman"), an Australian-based uranium
mine development and exploration company, is pleased to confirm that
the Namibian Ministry of Mines and Energy has today granted the formal
renewal of the Etango Project Exclusive Prospecting Licence ("EPL")
3345 for an additional two year period.
The EPL is owned by Bannerman's 80% subsidiary, Bannerman Mining
Resources (Namibia) (Pty) Ltd. The Etango uranium project area lies
wholly within EPL 3345.
About Bannerman - Bannerman Resources Limited is an emerging uranium
development company with interests in two properties in Namibia, a
southern African country considered to be a premier uranium mining
jurisdiction. Bannerman's principal and most significant asset is its
80% interest in the Etango Project situated southwest of Rio Tinto's
R�ssing uranium mine and to the west of Paladin Energy's
Langer-Heinrich mine. Bannerman is focused on the feasibility
assessment and development of a large open pit uranium operation at
Etango. More information is available on the Company's website at
www.bannermanresources.com.au.
FOR FURTHER INFORMATION PLEASE CONTACT:
Bannerman Resources Limited
Perth, Western Australia
Len Jubber, Chief Executive Officer
+61 (0)8 9381 1436
admin@bannermanresources.com
OR
Bannerman Resources Limited
Perth, Western Australia
Peter Kerr, Chief Financial Officer
+61 (0)8 9381 1436
OR
Bannerman Resources Limited
Toronto, Ontario, Canada
Ann Gibbs, Investor Relations
+1 416 388 7247
ann@bannermanresources.com
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Copyright (c) 2009 BANNERMAN RESOURCES LIMITED (BAN) All rights
reserved. For more information visit our website at
http://www.bannermanresources.com/ or send
mailto:questions@bannermanresources.com
Message sent on Wed May 20, 2009 at 7:32:27 AM Pacific Time
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Bannerman Resources
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DEVELOPMENT STAGE |
CODE : BMN.AX |
ISIN : AU000000BMN9 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Bannerman is a uranium development stage company based in Australia. Its main asset in development is ETANGO in Namibia and its main exploration properties are SWAKOP RIVER in Namibia and SERULE SOUTH, SERULE NORTH and DUKWE in Botswana. Bannerman is listed in Australia, in Canada and in Germany. Its market capitalisation is AU$ 2.0 billions as of today (US$ 1.4 billions, € 1.2 billions). Its stock quote reached its lowest recent point on March 27, 2020 at AU$ 0.02, and its highest recent level on May 24, 2024 at AU$ 4.87. Bannerman has 849 630 016 shares outstanding. |