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MINDAX LIMITED — Capital/Financing Update 2014
Dec 1, 2014
65308_rns_2014-12-01_15236cd5-dfe5-4fe5-90a0-d6c045ecac1a.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
UPDATE
2 December 2014
ASX Code: MDX
SHAREHOLDERS AND DEVELOPMENT AGREEMENT WITH PMHL
ABN: 28 106 866 442
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 20 mineral exploration and mining tenements covering over 1,280 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.
Mindax aims to develop strategic resources through innovative exploration. Projects will be moved to production including via strategic partnerships.
Key Projects
Mindax Limited ( the Company ) refers to the meeting of shareholders held on 31 October 2014 which approved certain aspects of the transaction with Perpetual Mining Holding Limited ( PMHL) . Mindax is now working towards implementation with PMHL, including an extension of time to complete the remaining conditions precedent, and will provide a further update as developments occur.
Additionally, Mindax has applied to ASX for an extension of time to issue the shares and options to Mr Tsang and associates as approved at the meeting of shareholders held on 31 October 2014. The outcome of this application is unknown at present.
End of Announcement
Mt Forrest Iron Yilgarn-Avon JV Sedimentary Uranium Mortlock JV Copper-Gold Meekatharra JV Gold
Principal Address
Ground Floor, 20 Kings Park Road West Perth WA 6005 Telephone: +61 8 9485 2600 Facsimile: +61 8 9485 2500 Email: [email protected]
Registered Office
Ground Floor, 20 Kings Park Road West Perth WA 6005
Investor Enquiries
Mr Benjamin Chow Chairman Telephone: +61 8 9485 2600 Email: [email protected]
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MINDAX LIMITED | www.mindax.com.au