HARANGA RESOURCES LIMITED. (HAR)

The suspension of trading in the securities of Haranga Resources Limited is expected to be lifted from the commencement of trading on Monday, 5 February 2024 following the release by HAR of an announcement regarding the outcome of the Court application in relation to a Cleansing Notice.

The Supreme Court of Western Australia heard the Company's application seeking orders in relation to the Company's inadvertent administrative error in not lodging a cleansing notice pursuant to section 708A(5)(e) of the Corporations Act in the required timeframe for the issue of shares on 7 December 2023. The Company has been granted the orders, and anticipates the trading of its securities will recommence at market open on Monday 5 February 2024.

The company releases a notice of application for quotation of securities.

The Company completed Tranche 2 of the placement, issued 11,000,000 fully paid ordinary shares in the capital of the Company to sophisticated, professional and institutional investors. The issue of the Shares was approved by Shareholders at the Company's General Meeting held on 6 December 2023. On 7 December 2023 it also issued 3,409,091 fully paid ordinary shares as consideration for services provided under the StocksDigital agreement post receiving Shareholder approval at the General Meeting held on 6 December 2023.

Saraya South infill termite mound sampling confirms new anomalies "“ the main uranium anomaly identified, covers an area of 600m by 1000m on the infill grid (200m x 50m). From the 10 permit-scale blocks (Total 13 blocks) assayed so far, 9 infill grids have been defined - from the 4 initial infill grids sampled and assayed, 7 uranium pXRF anomalies have been delineated. The uranium concentrations in the Katafata anomaly records up to 11ppm, about 5 times higher than the 2ppm background levels. The anomaly is situated at the foothill of the Eastern Saraya laterite plateau, suggesting a potential continuation under the plateau Westward (Similar geology to Haranga's known Saraya deposit - host to a JORC 16.1Mlb U3O8 Inferred mineral resource @ 587ppm. Auger drilling of the Saraya South anomalies is planned for February to further understand the extent and nature of the anomalies - Auger drilling results from Diobi, Sanela and Mandankoly prospect due in February. Permit Scale (1,650km2) assaying continues - this release includes results on Block 7, consisting of 1313 samples survey on a 1000m x 100m grid.

The securities of Haranga Resources Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of HAR, pending the release of an announcement regarding an application to the Supreme Court of Western Australia seeking orders in relation to the Company's inadvertent failure to lodge a Cleansing Notice under section 708(5)(e) of the Corporations Act 2001 (Cth) in relation to the issue of 14,409,091 shares on 7 December 2023.

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