Hana Mining Ltd., (“Hana” or the “Company”) - (TSX-V: HMG) (Frankfurt: 4LH)  announced that it has been granted “local asset status” by the Non-Bank Financial Institutions Regulatory Authority of Botswana (“NBFIRA”). 

NBFIRA is the regulatory authority responsible for the regulation and orderly market conduct of all non-bank financial institutions registered within the Republic of Botswana. 

Hana Mining’s CEO and Chairman, Marek Kreczmer, commented as follows: “The granting of “local asset status” on Hana is a positive development, as investment and pension funds that are domiciled in Botswana can now invest in Hana and the shares of Hana can now also be treated as part of the funds’s local allocation of investments. 

There are only a handful of publicly traded companies that have local asset status in Botswana and therefore, I expect that there could be significant demand for Hana’s shares by the Botswana investment community.”

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