MIM: Licensed to explore Mangan ore

Mineral and Mechanical JSC (HNX: MIM) announces the license for Mangan exploration as follows:

1. Exploring place: Na Pet mine and Khuon Tham area in Chiem Hoa dist., Tuyen Quang province

2. Exploring time: 24 months since license date (30/06/2011)

3. Expense resource: Internal finance

4. Deposit: VND 735,000,000 at Vietnam investment and development bank – Hoan Kiem branch.

HNX

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