MINDAX LIMITED — Board/Management Information 2012

Apr 4, 2012

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ASX ANNOUNCEMENT

COMPANY SECRETARY RESIGNS FROM MINDAX LIMITED

5 April 2012

ASX Code: MDX

Mindax Limited ( Mindax or Company ) announces that Mr Angelo Francesca has resigned as Company Secretary of Mindax and its subsidiaries.

ABN: 28 106 866 442

Corporate Description

Mindax's Mt Forrest Iron Project is progressing through feasibility with a view to mining at the end of 2013.

The company is carefully putting in place necessary approvals and aligning infrastructure partners including rail and port.

Coupled with its significant iron assets, Mindax is also the greenfields discoverer of a new uranium province near Mukinbudin, Western Australia.

Through technically advanced exploration and an eye for detail, Mindax has successfully built a significant portfolio of 37 mineral exploration and mining tenements covering over 4,000 square kilometres. In addition, Mindax has applications in place for water and infrastructure covering over 2,400 square kilometres in support of the Mt Forrest Iron Project development.

Mindax aims to develop strategic resources through innovative exploration. Higher yield projects will be moved to production via strategic partnerships.

Mr Francesca, a Certified Practising Accountant is a director and equity holder of FJH Solutions Pty Ltd, a public advisory practice providing corporate, taxation and business advisory services to the SME market and high net worth individuals. Mr Francesca’s increasing business commitments with FJH Solutions are the primary driver for his resignation.

Mindax Chairman Mr Gilbert George said “the breadth and depth of Mr Francesca’s experience had been of enormous assistance and guidance to the Company over the past 9 years”.

“The Board of Mindax wishes to thank Mr Francesca for his invaluable contributions to the Company, the Board and the management team and wishes him all the very best with his future projects”, Mr George said.

Key Projects

Mt Forrest DSO Iron, Magnetite Yilgarn-Avon JV Sedimentary Uranium Mortlock JV Copper-Gold

Address

Level 2, 25 Richardson Street West Perth WA 6005 Telephone: +61 8 9485 2600 Facsimile: +61 8 9485 2500 Email: info@mindax.com.au

Mr Francesca’s resignation is effective as at 8:00am (WST) 5 April 2012.

Mr Christopher Pougnault, the Chief Financial Officer of Mindax has been appointed to the position of Company Secretary effective from 8:00am (WST) 5 April 2012.

It has been agreed that Mr Francesca (through FJH Solutions) will provide advisory services to the Company as required.

Investor Enquiries

Greg Bromley Managing Director Email: info@mindax.com.au

Yours faithfully MINDAX LIMITED

Media Enquiries

David Utting Mobile: +61 416 187 462 Email: david@davidutting.com

GREGORY BROMLEY Managing Director

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