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MINDAX LIMITED Capital/Financing Update 2012

Oct 16, 2012

65308_rns_2012-10-16_d6c4fe68-3502-4630-9570-2ecc00dd2f83.pdf

Capital/Financing Update

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==> picture [596 x 138] intentionally omitted <==

ASX ANNOUNCEMENT

17 October 2012

BRR WEBCAST: “MINDAX RAISE OVER $2.5M AND MAKE PROGRESS IN THE YILGARN”

ASX Code: MDX

ABN: 28 106 866 442

Mindax Limited ( the Company ) has released a webcast with the following details:

Corporate Description

Mindax's Mt Forrest Iron Project is progressing through feasibility with a view to mining at the end of 2014.

Mindax is also the greenfields discoverer of a new uranium province near Mukinbudin, Western Australia.

Mindax also has exploration projects based in Western Australia which involve Gold and Copper.

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. Projects will be moved to production including via strategic partnerships.

Mindax raise over $2.5m and make progress in the Yilgarn

Speaker: Dr Steve Ward, Managing Director & CEO

Live date: Wednesday, 17 October 2012

8:30am (AWST) / 11:30am (AEDT)

Access this webcast at: www.brrmedia.com/event/105077

Access other Company webcasts at:

www.mindax.com.au

or

www.brrmedia.com/asx/MDX

Key Projects

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

Yours faithfully

MINDAX LIMITED

Address

Level 2, 25 Richardson Street West Perth WA 6005 Telephone: +61 8 9485 2600 Facsimile: +61 8 9485 2500 Email: [email protected]

CHRISTOPHER POUGNAULT Company Secretary

Investor Enquiries

Steve Ward Managing Director and Chief Executive Officer Telephone: +61 8 9485 2600 Email: [email protected]

Media Enquiries

David Utting Mobile: +61 416 187 462 Email: [email protected]

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MINDAX LIMITED | www.mindax.com.au