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MINDAX LIMITED Capital/Financing Update 2017

May 9, 2017

65308_rns_2017-05-09_575f176c-f60f-4848-95b0-ac07a248b9a1.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT – 10 May 2017

Rights Issue Shortfall Notice

Mindax Limited (ASX: MDX ) advises that the non-renounceable rights issue undertaken pursuant to the Rights Issue Offer Memorandum dated 3 April 2017 ( Rights Issue ) closed on 5 May 2017 with the following result:

sue Offer Memorandum dated 3 April 2017 (Rights Iresult: ssue) closed on 5 M
New Shares
Total number of New Shares offered: 114,830,714
Number of New Shares Underwritten: 114,830,714
Number of New Shares applied for: 8,270,438
Shortfall to be placed with the Underwriter: 106,560,276

The shortfall of 106,560,276 shares will be placed with the Underwriter in accordance with the Underwriting Agreement as disclosed in the Rights Issue Offer Memorandum. The Company will proceed to notify the Underwriter of the Rights Issue shortfall and issue shares once funds have been received. The anticipated date for commencement of trading on ASX is 12 May 2017.

For further information: Dennis Wilkins Company Secretary Tel: +61 8 9389 2111

MINDAX LIMITED

www.mindax.com.au