Altona Rare Earths Plc – Acquisition of Ugandan Rare Earths Project

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.

Source: Investegate |Altona Rare Earths Plc Announcements | Altona Rare Earths Plc: Acquisition of Ugandan Rare Earths Project

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