Bannerman Resources Limited announced that the Namibian Ministry of Mines and Energy has granted a Mineral Deposit Retention Licence with a five year extendable term (Retention Licence) over Bannerman's 95% owned Etango Uranium Project. The Retention Licence covers an area of 7,295 hectares, which includes the Etango ore body, two satellite deposits at Hyena and Ondjamba and all planned mine infrastructure.