Ann: Extended Cooperation Agreement , page-2

Not a bad price.

Sydney - Thursday - December 11: (RWE Aust Business News) -
Wildhorse Energy Ltd (ASX:WHE) has extended its co-operation agreement
with Hungary's Mecsekerc, a state-owned privatised company, to
incorporate Mecsek-Oko, which currently controls the mining concessions
immediately to the west of WHE's project ground.
The agreement with Mecsekerc was signed in August to complete a
technical and economic evaluation of the Mecsek Hills project area in
southern Hungary with the aim of restarting uranium mining.
This agreement has now been extended to incorporate Mecsek-Oko
Inc, which controls the mining concessions that have the potential to be
consolidated with WHE's concessions to form a major project area.
Combined, this area exceeds 72 sq kms of highly prospective
ground with potential for significant expansion beyond WHE's existing
JORC resources and stated exploration target.
The target for the Mecsek Hills project area is 90 to 120 million
lbs of U3O8 with a grade range of 0.08-0.12pc.
Mecsek-Oko is responsible for the environmental remediation,
reclamation and monitoring works of the historic uranium industry sites
in the Mecsek Hills.
Wildhorse Energy's managing director, Richard Pearce, said that
"Extending this agreement further reinforces the positive approach our
Hungarian partners are taking and the willingness to work towards a
future mining operation.
"All three parties will now work towards forming a joint venture
over the next six months, which may incorporate additional parties who
bring further technical and financial strengths to develop what could be
the most significant project in Europe."