| Update to record date for in-specie distribution | |
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360fa794-89b1-4b54-ba71-12a17deddbcd.pdf
9 May 2016
RECORD DATE FOR IN-SPECIE DISTRIBUTION DELAYED
IMX Resources Limited (ASX: IXR) ('IMX' or the 'Company') advises that the previously indicated record date of 11 May 2016 for the in-specie distribution of Graphex Mining Limited ('Graphex') shares to IMX shareholders has been delayed.
The Company is working with the Australian Securities and Investments Commission ('ASIC') to address certain concerns notified by ASIC in relation to the prospectus lodged by Graphex on 4 April 2016 and is confident that a replacement prospectus provided to ASIC last week will address ASIC's concerns and allow for the initial public offering and in-specie distribution of Graphex shares to proceed.
IMX and Graphex will inform the market of any changes required to the indicative timetable for the Graphex IPO and IMX will advise ASX of the timetable for the in-specie distribution and consolidation once the relevant conditions have been satisfied, however any delay is expected to be immaterial.
Phil Hoskins Managing Director
For further information, please contact: Phil Hoskins - Managing Director
Tel: +61 8 9388 7877
Media:
Michael Weir/Richard Glass - Citadel-MAGNUS Telephone: +61 8 6160 4903
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Stuart McKenzie - Commercial Manager and Company Secretary
Tel: +61 8 9388 7877
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IMX Resources NL
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DEVELOPMENT STAGE |
CODE : IXR.AX |
ISIN : AU000000IXR2 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
IMX Resources NL is a nickel and copper development stage company based in Australia. IMX Resources NL develops nickel, copper and iron in Australia, and holds various exploration projects in Australia and in Tanzania. Its main asset in development is CAIRN HILL in Australia and its main exploration properties are KANGAROO in Canada, LUWUMBU, NTAKA, MIBANGO and NYATI in Tanzania and MUSGRAVE, BLACK HILL, MT WOODS and MT PAISLEY in Australia. |