HMG Hana Mining Ltd.

Hana Mining Ltd. (the "Company" or "Hana") (TSX
VENTURE:HMG)(FRANKFURT:4LH)(BOTSWANA:HANA) announces that at a special meeting
(the "Meeting") held today, its shareholders approved the previously announced
plan of arrangement (the "Arrangement") involving the Company, Cupric Canyon
Capital LP ("Cupric") and Cuprous Capital Ltd. ("Cuprous"), whereby Cupric has
agreed to acquire all of the issued and outstanding common shares of Hana (the
"Shares") not owned by Cupric for C$0.82 per Share in cash.


The special resolution approving the Arrangement was approved by more than
two-thirds of the votes cast by Hana shareholders present in person or
represented by proxy at the Meeting as well as two-thirds of the votes cast by
Hana shareholders and optionholders present in person or represented by proxy at
the Meeting, voting as a single class. A resolution approving the Arrangement
was also passed by a majority of the minority shareholders of the Company. The
hearing for the final order to approve the Arrangement is currently scheduled to
take place on or about January 7, 2013. The closing of the Arrangement remains
subject to the granting of the final order by the Supreme Court of British
Columbia, the satisfaction or waiver of all other conditions of the Arrangement
and the final approval of the TSX Venture Exchange ("TSX-V"). The completion of
the Arrangement is expected to occur in January 2013, at which time the Shares
will be de-listed from both the TSX-V and the Botswana Stock Exchange.


Further information regarding the Meeting and the proposed Arrangement are
contained in the Company's November 16, 2012 information circular that has been
filed under the corporate profile of Hana on the System for Electronic Document
Analysis and Retrieval (SEDAR) at www.sedar.com.


About Hana

The Company has been exclusively engaged in mineral exploration activity in
Botswana since mid-2007, specifically targeting discovery of precious and base
metals. The Company has a controlling interest in Hana Ghanzi Copper (Pty) Ltd.
(formerly Stellent (Proprietary) Ltd.) who in turn controls 5 prospecting
license blocks in Botswana, covering 2,149 square kilometers in area, situated
south of the town of Maun. The Company's single exploration project, the Ghanzi
Copper-Silver Project, is located on this license area.


Forward-Looking Statement

Certain information contained in this news release, including any information
relating to the Arrangement and Hana's future financial or operating performance
may be deemed "forward-looking". These statements relate to future events or
future performance and reflect Hana's expectations regarding the Arrangement,
and the future growth, results of operations, business prospects and
opportunities of Hana and the combined company. These forward-looking statements
also reflect Hana's current internal projections, expectations or beliefs and
are based on information currently available to Hana, respectively. In some
cases forward-looking information can be identified by terminology such as
"may", "will", "should", "expect", "intend", "plan", "anticipate", "believe",
"estimate", "projects", "potential", "scheduled", "forecast", "budget" or the
negative of those terms or other comparable terminology. Assumptions upon which
such forward looking information regarding completion of the Arrangement is
based include that Hana will be able to satisfy the conditions to the
Arrangement, that the required approvals will be obtained from the shareholders
and optionholders of Hana, that all third party regulatory and governmental
approvals to the Arrangement will be obtained and all other conditions to
completion of the Arrangement will be satisfied or waived. Although Hana
believes that the forward-looking information contained in this news release is
based on reasonable assumptions, readers cannot be assured that actual results
will be consistent with such statements. Accordingly, readers are cautioned
against placing undue reliance on forward-looking information. Hana expressly
disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, events or otherwise, except
in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Hana Mining Ltd.
Marek Kreczmer
CEO
(604) 676-0824
info@hanamining.com
www.hanamining.com

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