Hannan Engages Resource Stock Digest for Marketing Contract

Rhea-AI Summary

Hannan Metals (TSXV:HAN) (OTC PINK:HANNF) has entered into a 3-month marketing contract with Resource Stock Digest (RSD) for promotional services. The agreement, subject to TSX Venture Exchange approval, involves a cash fee of US$125,000. RSD, owned by Gerardo Del Real and Nick Hodge (both shareholders of Hannan), will conduct interviews and produce content for distribution to its subscriber base. This engagement aims to enhance Hannan's market presence and investor awareness through RSD's promotional activities, aligning with the Exchange's policies on investor relations and promotional activities.

Positive

• Engagement of professional marketing services to enhance market presence
• Potential for increased investor awareness through RSD's subscriber base

Negative

• Significant marketing expense of US$125,000 for a 3-month period

VANCOUVER, BC / ACCESSWIRE / July 18, 2024 / Hannan Metals Limited ("Hannan" or the "Company") (TSXV:HAN) (OTC PINK:HANNF) is pleased to announce that the Company has entered into a service agreement (the "Agreement") with Resource Stock Digest ("RSD") of Round Rock, Texas. Under the terms of the Agreement, among other things, RSD has agreed to provide certain promotional services to the Company in accordance with Policy 3.4 - Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange (the "Exchange").

RSD has been engaged for a 3-month advertising and marketing program for a cash fee of US$125,000 payable upon receipt of approval of the Agreement by the Exchange. RSD conducts interviews with the Company and produces its own content that is distributed to RSD's subscriber base. RSD is owned and operated by Gerardo Del Real and Nick Hodge, both shareholders of the Company as at the date of the Agreement. RSD and Messrs. Del Real and Hodge are at arm's-length to the Company and have no relationship with the Company outside of this Agreement.

About Hannan Metals Limited (TSX.V:HAN) (OTCPK: HANNF)
Hannan Metals Limited is a natural resources and exploration company developing sustainable resources of metal needed to meet the transition to a low carbon economy. Over the last decade, the team behind Hannan has forged a long and successful record of discovering, financing, and advancing mineral projects in Europe and Latin America. Hannan is a top ten in-country explorer by area in Peru and has recently optioned a copper-porphyry project in Northern Chile.

On behalf of the Board, "Michael Hudson" Michael Hudson, Chairman & CEO

Further Information www.hannanmetals.com 1305 - 1090 West Georgia St., Vancouver, BC, V6E 3V7 Mariana Bermudez, Corporate Secretary, +1 (604) 685 9316, info@hannanmetals.com

Forward Looking Statements. Certain disclosure contained in this news release may constitute forward-looking information or forward-looking statements, within the meaning of Canadian securities laws. These statements may relate to this news release and other matters identified in the Company's public filings. In making the forward-looking statements the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. These risks and uncertainties include but are not limited to: the political environment in which the Company operates continuing to support the development and operation of mining projects; the threat associated with outbreaks of viruses and infectious diseases; the Company's expectations regarding its mineral projects; market conditions, the preliminary nature of the Company's operations; risks related to negative publicity with respect to the Company or the mining industry in general; planned work programs; permitting; and, community relations. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news.

SOURCE: Hannan Metals Ltd.

View the original press release on accesswire.com

FAQ

What is the duration and cost of Hannan Metals' marketing contract with Resource Stock Digest?

Hannan Metals (HANNF) has engaged Resource Stock Digest for a 3-month advertising and marketing program at a cost of US$125,000.

Who owns Resource Stock Digest and what is their relationship to Hannan Metals?

Resource Stock Digest is owned and operated by Gerardo Del Real and Nick Hodge, who are shareholders of Hannan Metals (HANNF) but are considered at arm's-length to the company.

What services will Resource Stock Digest provide to Hannan Metals (HANNF) under the new agreement?

Resource Stock Digest will provide promotional services to Hannan Metals (HANNF), including conducting interviews with the company and producing content for distribution to RSD's subscriber base.

When was the marketing agreement between Hannan Metals and Resource Stock Digest announced?

Hannan Metals (HANNF) announced the marketing agreement with Resource Stock Digest on July 18, 2024.