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HAN.V ·

Hannan Announces Results of AGM

Shareholder Meetings

Hannan Announces Results of AGM

VANCOUVER

,

Nov. 7, 2019

/CNW/ -

Hannan Metals Limited

("Hannan" or the "Company")

(TSXV: HAN) (OTCPK: HANNF)

is pleased to announce the results from its Annual General

Meeting of Shareholders held on Thursday November 7, 2019 (the "

AGM

") in

Vancouver, BC

.

Shareholders holding a total of 17,140,416 common shares were represented in person or by proxy

at the AGM, representing 32.55% of the votes attached to all outstanding common shares of the

Company as at the record date. Shareholders voted in favour of all the matters submitted before

the AGM as set out in the Notice of Meeting and Information Circular dated

September 30, 2019

,

including:

1

.

Setting the size of the Board to five directors and electing the following as directors until the

next annual shareholder meeting of the Company:

Michael Hudson

,

Ciara Talbot

,

Georgina

Carnegie

,

Nick DeMare

and

David Henstridge

;

2

.

Appointing Davidson & Company, Chartered Professional Accountants, as the Company's

auditor for the ensuing year; and

3

.

An ordinary resolution approving a new 10% rolling Stock Option Plan.

Subsequent to the AGM, the Board re-appointed Mr. Hudson as Chairman and CEO, Mr.

Lars

Dahlenborg

as President, Mr.

Harvey Lim

as Chief Financial Officer, and Ms.

Mariana Bermudez

as

Corporate Secretary. Messrs DeMare, Henstridge and Ms. Talbot were appointed as members of

the Audit Committee.

About Hannan Metals Limited (TSX.V: HAN)

(OTCPK: HANNF)

Hannan Metals Limited

is a natural resources and exploration company developing sustainable and

ethical resources of metal needed to meet the transition to a low carbon economy. Over the last

decade, the team behind Hannan has forged a long and successful record of discovering, financing

and advancing mineral projects in

Europe

and

Peru

.

Mr. Michael Hudson FAusIMM, Hannan's Chairman and CEO, a Qualified Person as defined in

National Instrument 43-101, has reviewed and approved the technical disclosure contained in this

news release.

On behalf of the Board,

"Michael Hudson"

Michael Hudson

, Chairman & CEO

Forward Looking Statements

Certain information set forth in this news release contains "forward-looking statements", and

"forward- looking information" under applicable securities laws. Except for statements of historical

fact, certain information contained herein constitutes forward-looking statements, which include the

Company's expectations regarding future performance based on current results, expected cash

costs based on the Company's current internal expectations, estimates, projections, assumptions

and beliefs, which may prove to be incorrect. These statements are not guarantees of future

performance and undue reliance should not be placed on them. Such forward-looking statements

necessarily involve known and unknown risks and uncertainties, which may cause the Company's

actual performance and financial results in future periods to differ materially from any projects of

future performance or results expressed or implied by such forward-looking statement. These risks

and uncertainties include, but are not limited to: The ability of the Company to raise additional capital

to fund future operations. There can be no assurance that forward-looking statements will prove to

be accurate, and actual results and future events could differ materially from those anticipated in

such statements. The Company undertakes no obligation to update forward-looking statements if

circumstances or management's estimates or opinions should change except as required by

applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking

statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this news release.

SOURCE

Hannan Metals Ltd.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/November2019/07/c0953.html

%SEDAR: 00015885E

For further information:

www.hannanmetals.com, 1305 - 1090 West Georgia St., Vancouver, BC,

V6E 3V7, Mariana Bermudez, Corporate Secretary, +1 (604) 685 9316, [email protected]

CO: Hannan Metals Ltd.

CNW 16:05e 07-NOV-19