Welcome to Auzex Exploration

  • Advanced development company
  • Highly experienced management team - ex Ross Mining, developed and managed multiple profitable gold projects in Australia
  • Assets include potential world class Khartoum tin project in Northern Queensland and Lyell Gold project in New Zealand

 

 

 

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News & Updates

 

Important note to shareholders - Rollover Relief applied for

Please note that the Company has applied to the ATO for rollover tax relief arising from the demerger. If this is granted and the participating Australian shareholder chooses rollover, any capital gains tax that arises as a result of the demerger will be disregarded.

The total combined cost base after the demerger is calculated at 25.84 cents being the sum of a 5 day Volume weighted average share price of AZX shares after the implementation date of 6 January 2012 (18.66 cents) and a fair value calculation of AEL shares based of a net asset valuation of $9,343,440 as recorded in the AZX half year audit reviewed accounts as a capital reduction (7.18 cents)

A shareholder should therefore reasonably apportion 72.2% of their original cost base to their Auzex Resources shares and 27.8% of their original cost base to Auzex Exploration shares.

If rollover is available, but a participating Australian shareholders do not choose rollover tax relief, any capital gain is not disregarded and they must adjust their cost base in the same manner as if they had chosen rollover.

If rollover is not available, participating Australian shareholders must reduce the cost base and reduced cost base of their Auzex Shares by the amount of the capital reduction being 7.18 cents. The first element of the cost base of AEL shares received will be 7.18 cents.

For further information please refer to Section 8.2 of the Demerger Scheme Booklet dated 11 November 2011.

Last Updated on Monday, 30 April 2012 02:26
 

North Queensland Exploration

North Queensland Exploration - Auzex Resources

Drill results confirm a new tin discovery at the Auzex Khartoum project.

Results from the Galala Range molybdenum prospect have enhanced its potential to host a significant resource

 

Kingsgate Molybdenum Project

Kingsgate Molybdenum Project - Auzex Resources

A  feasibility has been completed following a robust scoping study and successful trial mining

Silica (quartz) test work has produced 99.9% silica

The silica is suitable for the high end silica market

 
 
 

Investor Centre

Latest ASX announcements and other shareholder related information

Auzex Resources Investor Information

 

 

 

Our Projects

Find out about our key projects

Key Auzex Resources project locations

 
 
 

Our People

Meet our board of directors and management team.

Auzex Resources Management Team

 
 
 
 
 
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