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Hastings: March 2012 Quarterly Activities Report

April 26, 2012 (Source: Hastings) —

Highlights

5.4 million capital raising

Hasting joins the Rare Earth Industry and Technology Association (REITA).

Jacobs Engineering appointed project manager for Hastings project manager for Hastings project development.

ANSTO engaged to undertake rare earth test work.

Composite test work samples delivered and in transit to ANSTO.

Airborne hyperspectral survey completed for Yangibana project.

What is the significance of completing Tranche 2 of Capital Raising for Hastings as mentioned in the March 2012 Quarterly Activities Report?

Hastings completes tranche 2 of capital raising, marking a pivotal step for the company’s growth. As mentioned in the March 2012 Quarterly Activities Report, this milestone signifies increased financial stability and the ability to pursue strategic initiatives. It demonstrates investor confidence and positions Hastings for future opportunities.

What Progress Has Been Made in Hastings’ Project Since the March 2012 Quarterly Activities Report?

Since the March 2012 Quarterly Activities Report, significant progress has been made inĀ Hastings project test work. The team has achieved key milestones, demonstrating successful outcomes in various areas. The project’s development is on track, with promising results indicating a bright future for Hastings.

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