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2012

Hana Mining Ltd.
Private Placement

We acted as counsel to Hana Mining Ltd. with respect to its $14 million non-brokered private placement which completed on February 3, 2012. Pursuant to the private placement, Hana Mining Ltd. issued an aggregate of 11,054,648 common shares at price of $1.35 per common share for gross proceeds of $14,923,778. Hana Mining Ltd. is a Canadian mineral exploration company listed on the TSX Venture Exchange under the symbol “HMG”.