on Hannan Metals Ltd. (isin : CA4105841064)
Hannan Metals Ltd. Update on Termination of Agreement with Resource Stock Digest
Hannan Metals Ltd. (TSX.V:HAN)(OTC PINK:HANNF) has announced the termination of its service agreement with Resource Stock Digest (RSD) as requested by the TSX Venture Exchange. The agreement, involving a US$125,000 marketing campaign, was deemed to breach Policy 3.4 due to its proximity to the June 27, 2024 private placement, where shares were allegedly used to fund the campaign.
While Hannan disagrees with this conclusion, the company respects the Exchange's decision. No payments were made to RSD, and Hannan is focused on working with the Exchange for future marketing endeavors. RSD is owned by Gerardo Del Real and Nick Hodge, who are significant shareholders and supporters of Hannan.
R. P.
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