AGREEMENT TO ACQUIRE
NANKOMA RARE EARTHS MINING PROJECT
Altona (AQSE: ANR.PL), has signed an Option Deed to acquire a 70% legal and beneficial interest in Leadway Group Ltd, a Ugandan registered company, which is the owner of the Nankoma Rare Earths Project (“Nankoma Project”), in Uganda.
The Nankoma Project is held under Exploration Licence EL00115 and covers an area of 67.5 km2 and is located approx. 50 km east of Jinja, which lies 130 km east of Kampala in Eastern Uganda.