Astra (ETR:9AR) (FRA:9AR) acquires Concentrated Metal Ore deposit in Norway

International diversified resources company, Astra Resources Plc (FWB Code: 9AR), has acquired the Joma Minerals Project, a concentrated metal ore mine in Lake Hudningsvatnet, Norway.

Adelaide, Australia, February 22, 2012 – International diversified resources company, Astra Resources Plc (FWB Code: 9AR), has acquired the Joma Minerals Project, a concentrated metal ore mine in Lake Hudningsvatnet, Norway.

The acquisition, signed through Astra’s subsidiary MidAst Investment Group LLC, is on a scrip basis, and gives Astra operational control and 90% ownership of the operation (equivalent to Astra’s 90% stake in MidAst) which is situated in the county of Nord-Trondelag, near the Swedish border of Norway. Astra will form a Norwegian subsidiary to manage, own, and operate the asset and licenses.

International diversified resources company, Astra Resources Plc (FWB Code: 9AR), has acquired the Joma Minerals Project, a concentrated metal ore mine in Lake Hudningsvatnet, Norway.

Adelaide, Australia, February 22, 2012 – International diversified resources company, Astra Resources Plc (FWB Code: 9AR), has acquired the Joma Minerals Project, a concentrated metal ore mine in Lake Hudningsvatnet, Norway.

The acquisition, signed through Astra’s subsidiary MidAst Investment Group LLC, is on a scrip basis, and gives Astra operational control and 90% ownership of the operation (equivalent to Astra’s 90% stake in MidAst) which is situated in the county of Nord-Trondelag, near the Swedish border of Norway. Astra will form a Norwegian subsidiary to manage, own, and operate the asset and licenses.

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