Hana Mining Ltd. announces that it has granted Incentive Stock Options to purchase up to an aggregate 2,650,000 common shares of the Company to directors, officers, employees and consultants.

The Options are exercisable at $2.54 per share and expire on July 22, 2016. All securities issued upon exercise of the Options are subject to a hold period expiring four months after the date of grant. The subject Options will vest over 24 months, in 8 equal tranches, with the first tranche vesting on the date of grant and thereafter at the end of every successive quarterly period. The Options are subject to the terms and conditions of the Company's Stock Option Plan.

Hana Mining's CEO and Chairman, Marek Kreczmer, commented as follows:

"Recently the Company announced the appointments of new members to its board of directors. These new board members, who are pillars of the mining industry with considerable experience and technical capabilities, have in their brief time on the Company's board, devoted considerable time and effort in providing guidance and direction to the Company. Therefore, we think it was appropriate to compensate our new board members in a way that aligns their goals with that of the Company's shareholders."

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