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MINDAX LIMITED — Capital/Financing Update 2012
Jul 31, 2012
65308_rns_2012-07-31_4b96b999-f2cc-4601-ad2d-cfc9810b241a.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
1 August 2012
ASX Code: MDX
EXPIRY OF UNLISTED OPTIONS
Mindax Limited ( the Company ) wishes to confirm that 250,000 unlisted employee options with an exercise price of $0.53 expired at 5:00pm (AWST) today, 1 August 2012, without exercise.
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. 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.
Key Projects
Mt Forrest DSO Iron, Magnetite Yilgarn-Avon JV Sedimentary Uranium Mortlock JV Copper-Gold
The current issued capital of the Company is as follows:
| NumberQuoted | |
|---|---|
| Class | |
| 188,616,911 | Fully Paid Ordinary Shares. |
| Number NotQuoted | |
|---|---|
| Class | |
| 300,0001,750,0001,750,0002,325 | Employee/consultant options with anexercise price of $0.48, expiring 12October 2012.Employee options with an exercise priceof $0.45, expiring 30 September 2013.Employee options with an exercise priceof $0.60, expiring 30 September 2014.Options with an exercise price of $0.35,expiring 31 May 2015. |
Address
Level 2, 25 Richardson Street West Perth WA 6005 Telephone: +61 8 9485 2600 Facsimile: +61 8 9485 2500 Email: [email protected]
Yours faithfully
MINDAX LIMITED
Investor Enquiries
Steve Ward, Managing Director Telephone: +61 8 9485 2600 Email: [email protected]
CHRISTOPHER POUGNAULT Company Secretary
Media Enquiries
David Utting Mobile: +61 416 187 462 Email: [email protected]
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MINDAX LIMITED | www.mindax.com.au