Hastings Technology Metals Limited: Change of Auditor
Sydney - In compliance with ASX Listing Rule 3.16.3, Hastings Technology Metals Ltd. (ASX:HAS) (the "Company") advises that effective today, PricewaterhouseCoopers has been appointed auditors of the Company.In accordance with section 327C of the Corporations Act 2001, a resolution will be placed at the 2018 Annual General Meeting to ratify the appointment of PricewaterhouseCoopers as the Company's auditor.
The change follows the resignation of the Company's previous auditor, HLB Mann Judd, in accordance with Section 329(5) of the Corporations Act, effective today.
The Board wishes to thank HLB Mann Judd for the service provided over many years.
About Hastings Technology Metals Ltd:
Hastings Technology Metals Ltd. (ASX:HAS) is currently developing a rare earths mine and processing plant at Yangibana in the Gascoyne Region of Western Australia. The processing plant is anticipated to commence production of MREC in late 2019. Hastings has completed both beneficiation and hydrometallurgy pilot plants, in the process producing MREC samples which are high in neodymium and praseodymium content. These are critical materials for the production of permanent magnets and other technology applications. The MREC will be capable of being further separated and refined to produce a number of individual rare earth oxides outside of Australia. Hastings estimates an annual production quantity of 15,000 tonnes of MREC which it will sell to offtake partners globally.
Contact:
Hastings Technology Metals Ltd.
Charles Lew Executive Chairman
T: +65-9790-9008
Guy Robertson Finance Director
T: +61-9078-7674