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MINDAX LIMITED — Capital/Financing Update 2013
Dec 10, 2013
65308_rns_2013-12-10_330dd877-d453-4397-94c5-03d97cab73e8.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
VESTING OF UNLISTED OPTIONS
11 December 2013
ASX Code: MDX
ABN: 28 106 866 442
Mindax Limited ( the Company ) refers to its announcement dated 10 December 2012 in relation to the issue of 2.5M unlisted options to the Company’s Non-Executive Directors.
Corporate Description
Mindax's Mt Forrest Iron Project is progressing through feasibility with a view to mining in 2015.
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 25 mineral exploration and mining tenements covering over 1,700 square kilometres. In addition, Mindax has tenure in place for water and infrastructure covering over 2,400 square kilometres in support of the Mt Forrest Iron Project development.
The Company advises that the 2.5M options have now vested in the Company’s Non-Executive Directors, following the expiry of a 12 month restriction pursuant to the terms approved by shareholders on 30 November 2012.
End of Announcement
Mindax aims to develop strategic resources through innovative exploration. Projects will be moved to production including via strategic partnerships.
Key Projects
Mt Forrest Iron Yilgarn-Avon JV Sedimentary Uranium Mortlock JV Copper-Gold Meekatharra JV Gold
Principal Address and Registered Office Level 2, 25 Richardson Street West Perth WA 6005 Telephone: +61 8 9485 2600 Facsimile: +61 8 9485 2500 Email: [email protected]
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