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ADX ENERGY LTD Capital/Financing Update 2008

Oct 26, 2008

64308_rns_2008-10-26_b32caa85-5152-4a2e-825b-b0416e312681.pdf

Capital/Financing Update

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==> picture [470 x 69] intentionally omitted <==

ASX Release 27 October 2008

Cancellation of Unlisted Options

AuDAX Resources Ltd announces the cancellation of the following unlisted options:

ASX code Number of Options Exercise Price Expiry Date
ADXAI 1,400,000 $0.30 22/4/2010
ADXAI 1,050,000 $0.35 22/4/2011
ADXAI 1,050,000 $0.40 22/4/2012

Yours faithfully

GARY ROPER Chairman