Heron appoints Citigroup as corporate advisor

Western Australian nickel explorer Heron Resources Ltd has appointed Citigroup Global Markets Australia Pty Ltd as its exclusive corporate advisor.

In its role, Citigroup will act as financial adviser and provide investment banking services to Heron.

Citigroup has extensive knowledge and experience in advising international and local companies in the nickel sector, and it will assist Heron to maximise shareholder value during its current corporate strategic development program.

Heron managing director Ian Buchhorn said that Citigroup's experience in the world nickel market, access to capital markets and its global respect as a value creator for equity markets would greatly assist Heron achieve its corporate growth targets.

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HERON RESOURCES LIMITED

CITIGROUP APPOINTED CORPORATE ADVISOR
Heron Resources Limited (ASX: HRR) (Heron or the Company) has appointed Citigroup Global Markets
Australia Pty Limited (Citigroup) as its exclusive Corporate Advisor to act as financial adviser and provide
investment banking services to the Company.
Citigroup, with its extensive knowledge and experience advising international and local companies in the nickel
sector, will assist Heron maximise full value for all shareholders during the Company's present corporate strategic
development program.
Heron Managing Director, Ian Buchhorn, said "Citigroup's experience in the world nickel market, access to capital
markets and its global respect as a value creator for equity markets, will greatly assist Heron achieve its
corporate growth targets" .