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MINDAX LIMITED — Capital/Financing Update 2021
May 19, 2021
65308_rns_2021-05-19_6d8850b7-0dee-44b3-b2d4-8ca3d0cf8354.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
COMPANY UPDATE
20 May 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]
Investor Enquiries
Mr Benjamin Chow Chairman Telephone: +61 8 9389 2111 Email: [email protected]
REVISED TIMING FOR 2[ND] TRANCHE OF $10M FROM NORTON GOLD
Mindax Limited (ASX: MDX ) ( Company ) provides the following update to the ASX Announcement on 10 May 2021 in relation to the Binding Heads of Agreement (BHOA) with Norton Gold Fields Pty Ltd (Norton Gold) and the Foreign Investment Review Board (FIRB) approval for Norton Gold’s proposed earn-in of a 19.9% interest in the Company’s Mt Forrest Project.
The Company has agreed with Norton Gold to extend the date by which the second tranche of the earn-in expenditure ($10m) is to be deposited into the account to no later than 25 August 2021.
The Company and Norton Gold are currently progressing the expansion of the BHOA into more formal documentation and will continue to provide further market updates as developments unfold, 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