Last A$0.07 AUD
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Volume 70.4K
As of 1:14 AM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

mindax ltd (MDX) Snapshot

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09/12/13 - A$0.12
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mindax ltd (MDX) Details

Mindax Limited explores mineral properties in Australia. The company has interests in a portfolio of iron, uranium, copper, and gold mineral exploration and mining tenements covering an area of approximately 4,000 square kilometers in Western Australia. Its principal project, the Mt Forrest iron project is located on the northwest of Menzies Western Australia. The company has a strategic partnership with Perpetual Mining Holding Limited. Mindax Limited is headquartered in West Perth, Australia.

mindax ltd (MDX) Top Compensated Officers

Total Annual Compensation: A$200.0K
Compensation as of Fiscal Year 2013.

mindax ltd (MDX) Key Developments

Mindax Limited Appoints Wilkins as Company Secretary, Effective from May 26, 2014

Mindax Limited announced that Mr. Wilkins is the founding director of DW Corporate Pty Ltd, an independent corporate advisory and services company which specializes in providing company secretarial and management advice. Mr. Wilkins will take up the appointment effective 8:00am (WST) May 26, 2014.

Mindax Announces Management Changes as Part of Restructuring, Effective from May 31

Mindax will reduce its board membership from six down to four as a part of a company restructuring effort designed to minimize costs. Founding chairman Gilbert George will retire effective from May 31, with the board appointing current director Benjamin Chow AO as chairman upon Mr. George's leaving. Managing director and chief executive Dr. Steve Ward has agreed to step down and leave the company at the same time. The other existing directors will continue as board members, however most Perth-based staff including current chief financial officer Chris Pougnault will also leave the company. The planned changes have the full support of Mindax's shareholders.

Mindax Limited Secures Additional Short Term Funding by Way of a Further Unsecured Non-Recourse Loan

Mindax Limited announced that is has secured additional short term funding by way of a further Unsecured Non-Recourse Loan for AUD 250,000 from Ms. Lai You, an existing shareholder of the company and related party to non-executive director, Mr. Andrew Tsang. The Loan is unsecured and is to be repaid in cash on or before 31 January 2015.


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