Mindax Limited Addresses ASX Price Query Amid Recent Trading Activity

Tip Ranks
2025.04.15 07:18
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Mindax Limited (AU:MDX) has addressed an ASX price query related to its recent trading activity. The company has subscribed for a 5% interest in an unlisted public company with iron ore interests near its Mt Forrest Iron Project. Although Mindax does not consider this information market-sensitive, it has requested a trading halt for transparency and is preparing a formal announcement. The company confirms compliance with ASX Listing Rules, and its responses have been authorized by the board. Mindax operates in the mining industry, focusing on iron ore projects, with a current market cap of A$146.8M.