| ||Tue Feb 23, 2010|
Shareholders Approve Sale of Swedish Properties
| ||February 23, 2010 - Vancouver, Canada -- Hansa Resources Ltd ("Hansa") TSXv-HRL; Frankfurt-3F2 is pleased to announce that at a special meeting of shareholders held on February 22, 2010, shareholders of the Company approved the sale of its Swedish properties to Botnia Exploration Holding AB. The terms of the sale were previously announced on January 19, 2010.|
The above transaction is subject to approval by the TSX Venture Exchange.
ABOUT HANSA RESOURCES LTD.
Hansa Resources Limited is a TSX-V and Frankfurt, listed Canadian mineral exploration company engaged in the acquisition, exploration and development of base and precious metal properties. Hansa Resources is committed to building shareholder value through minimizing risk and maximizing potential value of the Company's projects, utilizing Hansa's highly experienced, flexible and successful Board of Directors and Management.
On behalf of the Board,
Damien Reynolds, President
For further information, please:
Forward Looking Statement. This news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.