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August 31, 2015 7:55 AM ET

Metals and Mining

Company Overview of Indo Mines Limited

Company Overview

Indo Mines Limited explores and develops mineral properties. It owns a 70% interest in the Jogjakarta iron project located in Indonesia. The company is based in Sydney, Australia.

66 Hunter Street

Level 2

Sydney, NSW 2000



61 2 9300 3377


61 2 9221 6333

Key Executives for Indo Mines Limited

Chief Executive Officer
Total Annual Compensation: $114.3K
Executive Director of Operations Planning and Market Development - PT Jogja Magasa Iron
Total Annual Compensation: $407.1K
Compensation as of Fiscal Year 2014.

Indo Mines Limited Key Developments

Indo Mines Limited Announces Consolidated Earnings Results for the Half Year Ended December 31, 2014

Indo Mines Limited announced consolidated earnings results for the half year ended December 31, 2014. For the period, the company reported loss from operating activities of AUD 714,152 compared to AUD 4,433,563 a year ago. Loss before income tax was AUD 28,712 compared to AUD 3,890,933 a year ago. Loss for the year was AUD 28,712 compared to AUD 3,890,933 a year ago. Profit attributable to owners of the company was AUD 58,063 compared to loss of AUD 2,619,100 a year ago. Basic and diluted loss per share was 0.01 cents compared to 0.5 cents a year ago. Net cash used in operating activities was AUD 694,702 compared to AUD 4,593,917 a year ago. Purchase of property, plant and equipment was AUD 111,202 compared to AUD 1,761,838 a year ago. Payments for capitalised exploration and evaluation assets was AUD 6,387,160.

Indo Mines Limited Announces Address Change

Indo Mines Limited announced the new registered office and mailing address will be: Level 2, 66 Hunter Street, Sydney NSW 2000 and the new telephone and facsimile numbers are: Telephone: +61-2-9300-3377; Facsimile: +61-2-9221-6333, with effect from November 3, 2014.

Indo Mines Limited Announces Executive Changes

Indo Mines Limited announced the appointment of Mr. Richard Edwards as Company Secretary and Mrs. Chrismasari Sudono as Chief Financial Officer. Mr. Edwards has worked for over ten years providing financial reporting and company secretarial services to a range of publicly listed companies in Australia with a focus on the mining sector, including as CFO and Company Secretary of Indonesian focused Sumatra Copper & Gold plc. He is also Company Secretary of Augur Resources Ltd. and unlisted public companies Nickel Mines Limited and Prospech Limited. Mrs. Sudono is currently General Manager - Mining and Resources at Pt Rajawali Corpora, the company's major shareholder. She has over 12 years experience in the mining industry, including experience in developing Rajawali's coal mining portfolio (covering asset valuation, asset restructuring, M&A, project financing, project development and value realization) supported with a strong financial audit and accounting background. Ms Apostolou has resigned from her role as Company Secretary and Chief Financial Officer with effect from 31 October.

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