Ann: HRN: Purchase of Alto Metals Limited Shares, page-9

HRN..share holders..... JP MORGAN Aust 71%.....HSBC 5%.......BNP Paribas 3%.............Citi corp 3%...........=82% ...a few super funds...and the directors hold most of the rest............hardly any mum and dad holders. no trouble to raise any future funds when needed with this kind of share holders

It makes sense to me for them to buy AME.......HRN are apprx 50 -70 KLs Nth of AME. combine the 2 together and u have a very nice set up with well over 3 million ozs proved up already and more to come from both areas...buy the way HRN already have a 110 man camp there ,air strip, roads , Plant etc etc

DYOR

Cheers