Mindax Limited has initiated a trading halt of its securities after requesting the move under ASX Listing Rule 17.1. The halt is being implemented pending an anticipated announcement regarding a strategic investment in an unlisted public company that holds interests in iron ore deposits close to Mindax Limited’s Mt Forrest Iron Project. Trading will remain halted until either the announcement is released to the market or normal trading resumes on Wednesday, 16 April 2025. The decision reflects the company's intent to provide the market with significant details about this investment opportunity, which may have substantial implications for its future prospects. Mindax Limited has confirmed that there are no current impediments or alternative disclosures that would otherwise inform the market regarding this halt. The information was formally communicated by the company's authorized representative, Dennis Wilkins, the Company Secretary. Bullish sentiment arises from the possibility that the investment could strengthen Mindax Limited’s resource portfolio and add value through improved asset exposure near a key operational project. If the anticipated announcement reveals favorable terms or strategic advantages, the move may be perceived as a proactive step in capitalizing on potential growth in the iron ore sector. Conversely, the bearish perspective emphasizes the uncertainty inherent in the delay of detailed information. Without full disclosure, investors are left speculating on potential risks such as investment dilution or operational complexities related to the new asset. This uncertainty tends to fuel caution among market participants who prefer clear evidence of positive returns before committing further support.