Hannans Reward sells Swedish prospect for $4m
Hannans Reward has reached agreement to sell the Discovery Zone copper-iron prospect in Sweden to Avalon Minerals for $4 million.
Avalon will pay Hannans $3 million in cash for the prospect, and holds the option for the final million to be paid in either shares or cash.
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Hannans Reward (HNR)
Total Shareholder Return as at 30/06/2012
| 1 year TSR | 5 year TSR | ||
|---|---|---|---|
| 193rd | Incremental Oil and Gas | -15% | 0% |
| 248th | Poseidon Nickel | -26% | -43% |
| 267th | Royal Resources | -29% | -14% |
| 625th | Hannans Reward | -78% | -43% |
680 WA listed companies ranked by 1 year TSR relative to WA companies with similar revenue
Shareholding
| Jonathan Murray | 1,866,780 | ||
| Damian Hicks | 1,000,000 | ||
| Michael Craig | 390,131 |
Number of shares
Share Transactions
Total value as at the date of the transaction
Revenue
| 82nd |  | Royal Resources | $8.6m |
| 83rd | | Hannans Reward | $8.2m |
| 85th |  | Poseidon Nickel | $7.8m |
| 86th | | Incremental Oil and Gas | $16.1m |
572 WA listed resource companies ranked by revenue
Remuneration from Hannans Reward
| 669th | Damian Hicks | $295k |
| 1080th | Michael Craig | $154k |
| 1465th | Jonathan Murray | $41k |
Ranked by total remuneration from all listed WA companies
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