Bannerman Resources: Quarterly Activities Report For the Period Ended 30 September 2017

Bannerman Resources (ASX:BMN) (NSX:BMN) (“Bannerman” or “the Company”) is pleased to report on a productive September quarter.

Highlights

Etango’s long term tenure secured by Retention Licence

• Granted 5 year extendable retention licence
• Tenure secured over entire future Etango mine site and two satellite deposits
• Ideal tenure for flexibility and moving to mining licence when uranium price recovers

DFS Update progressing well

• Targeting substantial capital and operating cost improvements
• Processing Optimisation Study near completion

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