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FireFly Metals Ltd. Board/Management Information 2015

Aug 11, 2015

48548_rns_2015-08-11_3b6cc015-0330-4a49-be3b-02c43f26e66c.pdf

Board/Management Information

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Exploration Office Unit 2 / 81 Harrison Road Dudley Park SA 5008 [email protected]

ABN: 96 110 336 733

Tel: +61 8 8245 4900 Fax: +61 8 8245 4999 www.monaxmining.com.au

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12 August 2015

Manager, ASX Market Announcements Australian Securities Exchange Limited 20 Bridge Street SYDNEY NSW 2000

NOTICE TO MANAGING DIRECTOR

Monax Mining Limited (ASX: MOX or the Company) advise that under the terms of his employment agreement Mr Gary Ferris has been given three months’ notice of termination of employment as Managing Director.

The decision to give Mr Ferris notice is the result of current economic constraints for the Company and is no reflection on performance. At the cessation of employment, it is the Board’s intention to retain the services of Mr Ferris as a Non-Executive Board member.

The Board would like to thank Mr Ferris for his contributions to the Company since his employment in 2009 and look forward to continuing its relationship with him in the future.

Kind Regards

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Robert Kennedy Chairman