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Re: News Releases - Wednesday, May 20, 2009
Bannerman Confirms Formal Renewal of Etango Project Exploration Licence
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Perth, Australia - May 20, 2009 - Bannerman Resources Limited (ASX:
BMN, TSX: BAN, NSX: BAN) ("Bannerman"), an Australian-based uranium mine development and exploration company, is pleased to confirm that the Namibian Ministry of Mines and Energy has today granted the formal renewal of the Etango Project Exclusive Prospecting Licence ("EPL")
3345 for an additional two year period.
The EPL is owned by Bannerman's 80% subsidiary, Bannerman Mining Resources (Namibia) (Pty) Ltd. The Etango uranium project area lies wholly within EPL 3345.
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