Mindax Limited's response to ASX queries

Mindax Limited (ASX: $MDX) has responded to ASX queries regarding the signing of a non-binding strategic alliance memorandum of understanding (MOU) with Xiamen ITG Mining. The company has addressed specific questions raised by ASX in relation to the announcement and its compliance with Listing Rules.

Executive Commentary on ASX Queries

Mindax Limited confirms that the information in the Announcement, pertaining to the signing of the MOU with Xiamen ITG Mining, is considered to have a material effect on the price or value of its securities. The company has also clarified that the terms of the MOU were not agreed upon ahead of the signing ceremony on 1 June 2024. Furthermore, Mindax Limited has provided details of its previous announcements and compliance with Listing Rule 3.1, confirming that the responses have been authorized and approved by the Executive Chair.

Summary of ASX Queries Response

Mindax Limited has responded to ASX queries, affirming the material effect of the MOU signing with Xiamen ITG Mining on its securities. The company has clarified that the terms of the MOU were not agreed upon before the signing ceremony. Additionally, Mindax Limited has confirmed its compliance with Listing Rule 3.1 and the authorization of responses by the Executive Chair. The company's prompt and detailed response demonstrates its commitment to transparency and adherence to regulatory requirements.