ASX MARKET ANNOUNCEMENTMelbourne, 24 August 2012, The Board of...

ASX MARKET ANNOUNCEMENT
Melbourne, 24 August 2012, The Board of Directors of Hawthorn Resources
Limited (“Hawthorn” or “the Company”) (ASX code : HAW) is pleased to announce
that it has been in negotiations with a Consortium of Chinese investors which has
significant links with the mining industry and a number of Australian mining
companies.
At the time of seeking a Trading Halt on Wednesday 22 August 2012 it was
considered that the formal execution by Hawthorn and each of the Consortium
members would have been concluded by this morning. That has not yet happened.
Accordingly, the Company will keep the market informed as to the finalisation of the
negotiations.
The subject of the negotiations has been for the Consortium members, subject to
shareholder approvals, to make a significant equity investment in Hawthorn so that
an aggressive programme of exploration may be undertaken on the Company’s gold
projects whilst continuing to develop the Mount Bevan Iron Ore Project.
END
For further information contact:
Mourice Garbutt, Company Secretary
Hawthorn Resources Limited
+ 61 3 9605 5917
Footnote:
About Hawthorn Resources Limited
Hawthorn Resources Limited (“Hawthorn”) (ASX Code: “HAW”) is an Australian diversified
minerals exploration company with tenement holdings and joint venture primarily focused in the
Kalgoorlie District and Eastern Goldfields of Western Australia.
Hawthorn’s exploration is focused on the progression of its highly prospective portfolio of Gold and
Iron Ore tenements with its key project areas of:
• GOLD: Deep South, Trouser Legs – Anglo Saxon, Yundamindera – Coffee Bore, Edjudina
– Triumph, and Whiteheads;
• IRON ORE: Mount Bevan Iron Ore Joint Venture– Central Yilgarn Iron Province
ABN 44 009 157 439
Level 2, 90 William St
Melbourne Victoria 3000
Australia
Telephone: +61 3 9605 5950
Facsimile: +61 3 9605 5999
Email: [email protected]
Website : www.hawthornresources.com