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MINDAX LIMITED Capital/Financing Update 2021

Jun 7, 2021

65308_rns_2021-06-07_cd1bedbd-7ce0-4b76-8c9f-e562bda5d9cb.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

8 June 2021

ASX Code: MDX ABN: 28 106 866 442

Principal Address and Registered Office

Suite 2 11 Ventnor Avenue West Perth WA 6005 Telephone: +61 8 9389 2111 Email: [email protected]

COMPANY UPDATE

Mindax Limited (ASX: MDX ) ( Company ) is pleased to provide the following update to its previously announced Binding Heads of Agreement ( BHOA ) with Norton Gold Fields Pty Ltd (Norton Gold) for its proposed earn-in of a 19.9% interest in the Company’s Mt Forrest Project.

The Company is pleased to confirm that the second tranche of the earn-in expenditure ($10m) has now been received bringing the total to $20m in accordance with the BHOA.

Formal agreements to expand on the Binding Heads of Agreement have been drafted and are currently being finalised.

Investor Enquiries

Mr Benjamin Chow Chairman Telephone: +61 8 9389 2111 Email: [email protected]

The Company will provide further market updates as developments unfold and in accordance with its continuous disclosure obligations.

This announcement has been authorised for release by Benjamin Chow, Chairman.

End of Announcement

For further information contact: Benjamin Chow Chairman Mindax Limited Telephone: +61 8 9389 2111

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MINDAX LIMITED | www.mindax.com.au