NEMEX RESOURCES LTD 16 July 2015
Fast Facts
Capital Structure
Shares on issue 237.3M Options 28.4M ASX Code NXR
Directors &
Senior Management
Patrick Flint Chairman Peter Turner
Non-Exec Director
Paul Jurman
Non-Exec Director & Company Secretary
Project Highlights
WBT Investment
• Biometric technology
• Potential global market
• Strong management
Guinea (Iron)
• High-grade iron discovery
• Large resource potential
• Targeting DSO production
W Australia (Iron)
• Woodley DSO Project
Contacts
Mr Patrick Flint
T: +61 8 9388 2277 www.nemexres.com.au
Wavefront Acquisition Update
Nemex Resources Limited (ASX: NXR) (Nemex or Company) is pleased to announce that, in relation to the agreement under which Nemex has a conditional right to acquire 100% of the issued capital in Wavefront Biometric Technologies Pty Ltd (Wavefront) that it does not already own, the parties have satisfactorily concluded their due diligence investigations.
Nemex is currently advancing the documentation required to complete the acquisition in September 2015, including a notice of shareholder meeting which is expected to be issued during July 2015 and a prospectus which is expected to be issued during August 2015.
The management team at Wavefront remains focused on advancing its commercialisation strategy, continuing to improve and refine the performance and usability of Wavefront's unique multi biometric system, and on developing new intellectual property to enhance the system's competitive advantages.
For further information about Nemex and Wavefront contact:
Patrick Flint Dr Shanny Dyer
Chairman Chair and Managing Director
P: 08 9388 2277 P: 0410 526 130
E: pflint@nemexres.com.au E :Shanny.Dyer@wavefrontbiometric.com
Yours sincerely
Paul Jurman
Company Secretary
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