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MINDAX LIMITED — Capital/Financing Update 2012
Oct 11, 2012
65308_rns_2012-10-11_ef4c7d69-01b5-4071-9258-9a764f692e81.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
12 October 2012
ASX Code: MDX 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 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.
EXPIRY OF UNLISTED OPTIONS
Mindax Limited ( the Company ) wishes to confirm that 300,000 unlisted employee options with an exercise price of $0.48 expired at 5:00pm (AWST) today, 12 October 2012, without exercise.
The current issued capital of the Company is as follows:
| NumberQuoted | |
|---|---|
| Class | |
| 196,616,911 | Fully Paid Ordinary Shares. |
| Number NotQuoted | Number NotQuoted | |||||
|---|---|---|---|---|---|---|
| Class | ||||||
| 37 mineral exploraticovering over 4,000 squandax has applications intructurecoveringovern support of the Mt Fort.s to develop strategic reexploration. Projects wilncluding via strategic part | on and miningre kilometres. Inplace for water 2,400squarerest Iron Projectsources throughl be moved tonerships. | 1,751,75 | 0,0000,0002,325 | Employeeof $0.45, eEmployeeof $0.60, eOptions wiii 3 | options with an exercxpiring 30 Septemberoptions with an exercxpiring 30 Septemberth an exercise price oM 201 | |
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]
End of Announcement
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