Share in Hammer Metals further increased

Deutsche Rohstoff AG (DRAG) acquired further 2 million shares of Hammer Metals (in the amount of AUD 150,000) at a share price of 7,5 cent per share from another shareholder. In addition, an option to purchase an additional 2 million shares at 10 cents per share was agreed on. This option can be exercised by DRAG within six months. With the shares currently purchased, Deutsche Rohstoff now holds 17,625 million shares (17,3%) of the capital of the company. 20% of that share are indirectly held by DRAG’s Australian subsidiary SRD (Strategic Resources Development). Simultaneously to DRAG, the management of Hammer Metals took over the same amount of shares from the seller. With this purchase, DRAG is now the largest shareholder of Hammer Metals.