Axiom enters joint venture for exploration and mining over the Cardross copper-gold-silver Project
Completion of share consolidation
ASX Announcement
15 April 2015
Axiom Mining Limited ('Axiom' or 'the Company') is pleased to advise that the consolidation of
Axiom's capital, on the basis of one share for every fifteen existing shares, has been completed.
The consolidation was approved by shareholders at Axiom's Annual General Meeting on 31 March
2015.
The effect of the consolidation on Axiom's capital structure is as follows:
|
Securities
|
Capital structure pre-consolidation
|
Capital structure post-consolidation
|
|
Ordinary shares
|
3,605,373,832
|
240,356,398
|
|
Options
|
65,250,000
|
4,349,999
|
|
Performance rights
|
112,500,000
|
7,499,993
|
New holding statements will be despatched today to security holders advising them of their holding balance.
ENDS
About Axiom Mining Limited
Axiom Mining Limited focuses on tapping into the resource potential within the mineral‐rich Pacific Rim. Through dedication to forging strong bonds and relationships with the local communities and governments where we operate, Axiom Mining has built a diversified portfolio of exploration tenements in the Asia Pacific region. This includes a majority interest in the Isabel Nickel Project in the Solomon Islands and highly prospective gold, silver and copper tenements in North Queensland, Australia. The Company is listed on the ASX. For more information on Axiom Mining, please visit www.axiom‐mining.com
Disclaimer
Statements in this document that are forward‐looking and involve numerous risks and uncertainties that could cause actual
results to differ materially from expected results are based on the Company's current beliefs and assumptions regarding a large number of factors affecting its business. There can be no assurance that (i) the Company has correctly measured or identified all of the factors affecting its business or their extent or likely impact; (ii) the publicly available information with respect to these factors on which the Company's analysis is based is complete or accurate; (iii) the Company's analysis is correct; or (iv) the Company's strategy, which is based in part on this analysis, will be successful.