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Hansa Resources Ltd. Hansa Resources Ltd.
Hansa Resources Ltd.
News Releases Hansa Resources Ltd. Hansa Resources Ltd.
News Releases
 Fri Apr 1, 2011
Hansa Corporate Update

 April 1, 2011 - Vancouver, Canada - Hansa Resources Ltd ("Hansa") TSXv-HRL; Frankfurt-3F2 provides this update on its financial position for the nine months ended March 31, 2011. The Company's current cash position is approximately $2.4 million. As previously announced on March 19, 2010 the Company holds a significant ownership interest in Botnia Exploration Holding AB ("Botnia"), a Swedish public company. The Company acquired this position in Botnia through the sale of certain exploration properties in Sweden. To date the Company has realized approximately $1.8 million from the sale of Botnia common shares and rights. The Company continues to hold 61,849,218 shares of Botnia and will be receiving, once all conditions precedent are met, an additional 118,908,041 common shares plus a cash payment of approximately $250,000. The Company continues to work in an orderly fashion to realize on the value of its equity holdings. The Company is also reviewing other resource property acquisition opportunities.

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 Board of Directors and Management.

On behalf of the Board,For further information, please:

"John Nugent"           
John Nugent, President

Visit:          www.hansaresources.com
 



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.
 
Hansa Resources Ltd.
Hansa Resources Ltd.