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Mindax rebuilds cash base after funding surge

2:56pm on Thursday 29th of October, 2026 AEDT • Mining
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Mindax rebuilds cash base after funding surge

2:56pm on Thursday 29th of October, 2026 AEDT
Key Points
  • A$2.49 million FY2026 loss before tax
  • Year-end cash fell to A$83,116, with negative working capital
  • Auditor highlighted material uncertainty related to going concern
  • A$3.9 million convertible note funding and A$250,000 placement secured after year-end
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