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Mindax Raises $1.6M to Propel Mt Forrest Iron and Gold Exploration
9:28am on Thursday 10th of July, 2025 AEST
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Mining
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Mindax Raises $1.6M to Propel Mt Forrest Iron and Gold Exploration
9:28am on Thursday 10th of July, 2025 AEST
Key Points
Raised $1.6 million via share placement at 4.8 cents per share
Funds to support Mt Forrest Iron Project and Mid-West Infrastructure discussions
Issued 20 million shares and 30 million options to consultants for project assessment
Placement completed under ASX Listing Rule 7.1 without shareholder approval
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Mindax (ASX:MDX)
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