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Mindax Limited Issues Director Options and Addresses Compliance Oversight

Story Highlights
  • Mindax Limited directors received options after shareholder approval.
  • Mindax addresses late notification of a director’s share transaction and plans compliance improvements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mindax Limited Issues Director Options and Addresses Compliance Oversight

Elevate Your Investing Strategy:

Mindax Limited ( (AU:MDX) ) has provided an update.

Mindax Limited announced that its directors have been issued options following shareholder approval at a recent extraordinary general meeting. The company also disclosed a late notification of a share transaction involving director Qinglong Zeng, attributing the delay to an oversight. Mindax is taking steps to improve compliance with ASX listing rules, including additional training for directors and reviewing internal processes to prevent future occurrences.

More about Mindax Limited

Mindax Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker MDX.

Average Trading Volume: 363,025

Technical Sentiment Signal: Buy

Current Market Cap: A$151.4M

For an in-depth examination of MDX stock, go to TipRanks’ Overview page.

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