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Mount Gibson Iron Limited


Stock Exchange
Symbol
Australian Securities Exchange
Locations
Mount Gibson Iron Limited
Level 1
7 Havelock Street
West Perth
Western Australia
6005
Australia

Website: http://www.mtgibsoniron.com.au/
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Simon Bird

Lead Independent Non-Executive Director

Mr. Simon Godric Bertie Bird, B.Acc.Science (Hons) FCPA, FAICD, has been Lead Independent Non-Executive Director of Mount Gibson Iron Ltd. Mr Bird was appointed as an Independent Non-Executive Director on 23 February 2012. Mr Bird is the Lead Independent Director and Chairman of the Audit and Financial Risk Management Committee. Mr Bird has 30 years of international corporate experience, including holding the positions of General Manager Finance at Stockland Limited, Chief Financial Officer of GrainCorp Limited, and Chief Financial Officer of Wizard Mortgage Corporation. He was also Chief Executive Officer of ASX-listed King Island Scheelite Limited, a former Managing Director of Sovereign Gold Limited, a former Chairman of Rawson Resources Limited and a former Director of CPA Australia Limited. Mr Bird is currently a director of ASX-listed company Pacific American Coal Limited.
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Alan Jones

Independent Non-Executive Director

Mr. Alan Stephen Jones is an Independent Non-Executive Director of Mount Gibson Iron Ltd. Mr Jones was appointed as an Independent Non-Executive Director on 28 July 2006 and is the current Chairman of the Nomination, Remuneration and Governance Committee. Mr Jones is a Chartered Accountant with extensive senior management and board experience in listed and unlisted Australian public companies, particularly in the construction, engineering, finance and investment industries. Mr Jones has been involved in the successful merger and acquisition of a number of public companies in Australia and internationally. He is a Non-Executive Director of Mulpha Australia Ltd, Sun Hung Kai & Co Ltd (Hong Kong), Allied Group Ltd (Hong Kong), Allied Properties (H.K.) Limited and Air Change International Limited.
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Russell Barwick

Independent Non-Executive Director

Mr. Russell Christopher Barwick, Dip.Mining Engineering, FAICD, FAIMM, has been Independent Non-Executive Director of Mount Gibson Iron Ltd. Mr Barwick was appointed as an Independent Non-Executive Director on 16 November 2011 and is Chairman of the Operational Risk and Sustainability Committee. Mr Barwick is a mining engineer with 43 years of technical, operational, managerial and corporate experience in international mining companies covering various commodities. He has worked for Bougainville Copper Limited (CRA), Pancontinental Mining Ltd (Jabiluka Uranium) and CSR Limited (coal). He spent 17 years with Placer Dome Asia Pacific in key development, operational and corporate roles in numerous countries culminating in his appointment as Managing Director of Placer Niugini Ltd. He then served as Managing Director of Newcrest Mining Limited (2000 to 2001). For the four years to the end of 2006, Mr Barwick was the Chief Operating Officer of Wheaton River Minerals Ltd and Goldcorp Inc., based in Vancouver, Canada. He was subsequently the Chief Executive Officer of Canada-based Gammon Gold Inc. before returning to Australia in 2008. He is currently the Chairman of Red Metal Ltd.
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Kin Chan

Independent Non-Executive Director

Mr. Kin Chan is an Independent Non-Executive Director of the Company. Mr Chan has more than 25 years’ experience in international capital markets, investment banking, corporate advisory and major transactions, particularly in Asia. He is the founding shareholder of successful Hong Kong based investment institution Argyle Street Management Limited (Argyle), and has been the Chief Investment Officer since inception in 2002. Mr Chan is also the Chairman of TIH Limited and Non-Independent Non Executive Director of OUE Limited, both listed in Singapore. Through Argyle, Mr Chan has invested in mines in Asia and Australia and most recently has had a central role in the acquisition and planned recapitalisation of PT Berau Coal, a major Indonesian mining interest. Mr Chan holds an A.B. degree from Princeton University and an MBA degree from the Wharton School of the University of Pennsylvania where he was a Palmer Scholar.
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Scott De Kruijff

General Manager - Operations


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Jim Beyer

Chief Executive Officer

Mr. Jim Beyer has been Chief Executive Officer of Mount Gibson Iron Ltd since May 14, 2012. He has a broad range of operating and start-up experience encompassing 25 years across a number of commodities, including 10 years in general management, operational and planning roles with WMC Resources at its Olympic Dam operation in South Australia. He has also held general management roles with Newmont Mining Corporation, including Operations General Manager for constructed Boddington Gold Mine in Western Australia, where he was responsible for start-up operations, commissioning and ramp-up. He was responsible for the development and implementation of Newmont’s Business Improvement initiatives and Technical Services support across the Asia Pacific region.
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David Stokes

Company Secretary, General Counsel

Mr. David J. Stokes has been Company Secretary and General Counsel of Mount Gibson Iron Ltd. Mr Stokes was appointed Company Secretary and General Counsel on 2 April 2012. He is a corporate lawyer with a diverse range of mining and governance experience having worked at a corporate and operational level in the energy and resources sectors for over 19 years. Prior to joining Mount Gibson, Mr Stokes was General Counsel and Company Secretary at Gindalbie Metals Limited, Corporate Counsel for Iluka Resources Limited and Resolute Mining Limited, and has also worked in private practice for a number of years.
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Seng Hui Lee

Non-Independent Non-Executive Chairman of the Board

Mr. Lee Seng Hui is Non-Independent Non-Executive Chairman of the Board of Mount Gibson Iron Ltd. Mr Lee was appointed as a Non-Executive Director on 29 January 2010, Non-Executive Deputy Chairman on 14 December 2012, and Chairman on 18 February 2014. Mr Lee graduated with Honours from the University of Sydney Law School. Mr Lee is the Chief Executive and an Executive Director of Allied Group Limited and Allied Properties (H.K.) Limited both of which are listed on the Hong Kong Stock Exchange. He is also the Chairman and a Non-Executive Director of Tian An China Investments Company Limited and a Non-Executive Director of APAC Resources Limited, one of Mount Gibson’s substantial shareholders. Mr Lee was previously a Non-Executive Director of Tanami Gold NL.
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Shaofeng Li

Non-Executive Director

Mr. Li Shaofeng is Non-Executive Director of Mount Gibson Iron Ltd. Mr Li was appointed as a Non-Executive Director on 23 February 2012. Mr Li has extensive experience in the management of and investments in various listed companies, sino-foreign joint ventures and steel industry entities. He holds a bachelor degree in Automation from University of Science and Technology Beijing. He is the vice chairman and managing director of Shougang Holding (Hong Kong) Limited. Mr Li is an executive director and the managing director of Shougang Concord International Enterprises Company Limited, the chairman of each of Shougang Fushan Resources Group Limited, a substantial shareholder of Mount Gibson, Shougang Concord Century Holdings Limited, Shougang Concord Grand (Group) Limited and Global Digital Creations Holdings Limited, and an executive director of BeijingWest Industries International Limited, all of which are companies listed on the Hong Kong Stock Exchange. He is also a non-executive director of China Dynamics (Holdings) Limited (formerly known as Sinocop Resources (Holdings) Limited), a Hong Kong listed company.
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Peter Kerr

Chief Financial Officer

Mr. Peter W. Kerr has been Chief Financial Officer of Mount Gibson Iron Ltd since September 19, 2012. He is a mining and finance executive. A qualified Australian Chartered Accountant, Mr. Kerr has 20 years’ experience in the mining and finance industries, including senior executive management positions with listed Australian and Canadian mining and exploration companies. Mr. Kerr joins the Company from ASX-listed uranium development company Bannerman Resources Limited, where he has been Chief Financial Officer since early 2009. At Bannerman, Mr. Kerr was involved in progressing the Etango Uranium Project in Namibia from exploration through to completion of the feasibility assessment stage, as well as various associated financing and corporate transactions. Mr. Kerr’s roles prior to joining Bannerman include Managing Director of ASX-listed gold miner Northern Gold NL, which was acquired by Toronto-listed gold mining company GBS Gold International Inc, as well as senior executive roles with diversified Canadian miner Teck Cominco Ltd and Australian gold producer PacMin Mining Corporation Ltd. Mr. Kerr is Member of the Institute of Chartered Accountants in Australia, Fellow of the Financial Services Institute of Australasia and Member of several resources industry Organisations including the Australasian Institute of Mining and Metallurgy.
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Paul Dougas

Independent Non-Executive Director

Prof. Paul Dougas, B.Eng (Chem), M.Eng.Science, FAICD, CEng., has been Independent Non-Executive Director of Mount Gibson Iron Limited. Professor Dougas was appointed as an Independent Non-Executive Director on 16 November 2011 and is Chairman of the Contracts Committee. He has 40 years of design, process, project engineering, managerial, commercial and corporate experience having commenced his career in the Melbourne & Metropolitan Board of Works before joining engineering firm Sinclair Knight Merz ("SKM") in 1978. From initial technical roles, he assumed leadership roles in Sydney before returning to Melbourne as Associate Director and Victorian Branch Manager in 1985. In 1995 he was appointed Managing Director Elect and Director of Marketing before becoming Chief Executive Officer and Managing Director in 1996. For the following 15 years, he led a significant expansion of SKM locally and internationally involving more than 50 local and international acquisitions. Professor Dougas was a Non-Executive Director of ConnectEast Ltd from 2009 until its takeover in September 2011 and was also on the SKM Board from 1990 until 2011. He is currently Chairman of the Global Carbon Capture and Storage Institute, Non-Executive Director of Epworth Healthcare and a former Non-Executive Director of Beacon Foundation and Calibre Group Limited.

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2016-02-16
Iron ore price slams Mount Gibson Iron Limited results
Motley Fool Australia

Mount Gibson Iron Limited (ASX: MGX) could see its share price take a tumble today after the low iron ore price wrecked the company's half year to December 2015.

2016-02-17
Mt Gibson narrows loss
Business News

Iron ore miner Mount Gibson Iron has booked another half-year loss, but it's a substantial improvement on its performance in the previous year, despite recording a $23.6 million impairment.

2016-11-25
Mount Gibson Iron Ltd signs offtake agreement for Iron Hill iron ore
Proactive Investors Australia

Mount Gibson Iron Ltd (ASX:MGX) has entered into an offtake agreement with Sinogiant Steel Holdings to sell one quarter of the first year's production planned from its Iron Hill iron ore deposit.

2016-11-28
Mount Gibson Iron Ltd signs second offtake agreement for Iron Hill
Proactive Investors Australia

Mount Gibson Iron Ltd (ASX:MGX) has entered into an offtake agreement with Xinyu Iron and Steel to sell about a quarter of the first year's production planned from its Iron Hill iron ore deposit.

2016-04-05
Mount Gibson Iron Is Still Trading Below Cash - But What's The Solution?
Seeking Alpha

Despite the lower iron ore price, Mt. Gibson was free cash flow positive in H1 FY 2016. The company's 'plan B' is taking longer than I expected, and Mt Gibson is still trading at a 25% discount to its 'net realizeable value'. You could actually ...

2017-05-05
Buyers ready to pounce on Rio Tinto coking coal mines -sources
Nasdaq

Jim Beyer, managing director of iron ore miner Mt Gibson Iron Ltd said this week coking coal mines in Australia would fit his company's diversification plans into other commodities.

2017-05-11
Why the Fortescue Metals Group Limited share price has been CRUSHED today
Motley Fool Australia

According to Reuters, iron ore futures in China have fallen over 5% to a four-month low today. Prices have come under pressure over concerns that Chinese officials could be about to limit the output of steel producers amid a crackdown against polluting ...

2017-02-13
Mount Gibson Iron gains final statutory approval for Iron Hill mine development
Mining Technology

Mount Gibson Iron has started development of Iron Hill iron ore mine in Western Australia after securing the final statutory approval.

2016-09-28
Iron ore survivors plan reset
Business News

Two survivors from the massacre of small iron ore stocks when the price collapsed four years ago are dusting off plans to expand output of iron ore, despite it selling for $US56 a tonne, less than half its boom-time price. Mount Gibson Iron and BC Iron ...

2017-02-09
Mt Gibson to develop Iron Hill
Business News

Perth-based miner Mount Gibson Iron has started development of its Iron Hill mine in the Mid West after receiving final approvals, and hopes to begin producing by as early as May.

2017-05-03
Eric the Crocodile Is a Steely Problem for China
Bloomberg

The Mount Gibson Koolan Island, off the coast of Western Australia. Mt. Gibson Iron Ltd., backed by Russian billionaire Alisher Usmanov, is looking for iron ore and coking coal acquisitions in Australia and overseas to benefit from soaring demand for ...

2015-04-27
Should You Buy Mount Gibson Iron Limited at this Share Price?
Money Morning Australia

Mount Gibson Iron Limited [ASX:MGX] was up by 2.38% in early afternoon trading today. The stock was trading at a price of $0.215 a share at around 2pm.

2014-12-05
Koolan Island seawall collapse: 200 Mount Gibson Iron workers made redundant
Perth Now

Mount Gibson Iron's mine at Koolan Island in WA. Picture: Supplied. Mount Gibson chief executive Jim Beyer said cutting back the majority of its workers was a “necessary and prudent” step.

2016-01-24
Silver lining in clouds over Mount Gibson
Sydney Morning Herald

As if the plummeting iron ore price wasn't trouble enough, Mount Gibson Iron has had to deal with a number of other major challenges.

2015-04-24
Here's why today was a good day to be a Mount Gibson Iron Limited shareholder
Motley Fool Australia

The iron ore sector has been a chaotic space in recent months, with miners variously above or under water depending on the fluctuations of ore prices and the success of their cost-cutting programs.

2016-08-17
Is this iron ore miner ridiculously cheap?
Motley Fool Australia

Mount Gibson Iron Limited (ASX: MGX) has returned to profit in the 2016 financial year (FY16), producing an underlying $19.4 million gross profit from revenues of $240 million.

2016-08-17
Insurance claim boosts Mt Gibson profit
Business News

An $86 million insurance settlement accounted for almost the entirety of Perth-based iron ore miner Mount Gibson Iron's profit result for the 2016 financial year, however it was a substantial improvement on last year's $911.4 million loss. Mt Gibson ...

2016-12-11
New WA iron mine to start production in H1 2017
MINING.com

A new iron ore facility in Western Australia expects to start mining in early 2017. Final approval for the Iron Hill mine, being developed by Mount Gibson Iron Limited (ASX:MGX), came from the Western Australia environment minister. The state's ...

2016-12-12
Mount Gibson receives approval for Iron Hill project
Mining Technology

Australia-based Mount Gibson Iron has announced that its Iron Hill iron ore mine development was approved by the Western Australia's Minister for the Environment.

2016-07-29
Iron ore jumps back above US$60 a tonne
Motley Fool Australia

Interestingly, BHP Billiton Limited (ASX: BHP) and Rio Tinto Limited (ASX: RIO) saw their share price virtually unchanged overnight on the London Stock Exchange.

2016-07-05
Iron ore miner BC Iron Limited surges 25%: Is a turnaround coming?
Motley Fool Australia

Its shares climbed a whopping 25% on a day where fellow iron ore miners Fortescue Metals Group Limited (ASX: FMG), Mount Gibson Iron Limited (ASX: MGX), and BHP Billiton Limited (ASX: BHP) headed lower. Although no news was released to market, ...

2016-11-15
The iron ore rally just hit a brick wall
Motley Fool Australia

Atlas Iron Limited (ASX: AGO), BC Iron Limited (ASX: BCI), Mount Gibson Iron Limited (ASX: MGX), Fortescue Metals Group Limited (ASX: FMG) and a host of iron ore juniors and explorers have seen their share prices surge in recent times.

2016-11-14
Iron ore price soars but rally is unsustainable
Motley Fool Australia

Mount Gibson Iron Ltd (ASX: MGX) and Mineral Resources Limited (ASX: MIN) have seen their share prices rise 20% and 10% respectively in the past week too.

2017-04-05
Iron ore: Small miners under big pressure if iron ore price falls
Hellenic Shipping News Worldwide

“The downside is relatively limited due to that strong demand,” Mr Hynes said. But he expects prices to fall to ... Cash-rich Mount Gibson Iron is another Chinese-backed miner which swung from loss to profit for the first half of 2017. It main ...

2017-05-01
Jim Caviezel talks about his Catholic faith and John Paul II
Crux: Covering all things Catholic

But he is best known for playing Jesus in Mel Gibson's “The Passion of the Christ,” an experience that he says affected him very deeply and spiritually.

2017-04-20
North state fishing report
Chico Enterprise-Record

RANCHO SECO LAKE >> Trout fishing has been good, thanks to 2,000 pounds of rainbows planted at the beginning of the month by Mt. Lassen Trout Farms. SACRAMENTO ... Flows Sunday at Iron Gate remained 6,870 cfs. The next good ... Bruce Gibson at the ...

2017-02-09
Mount Gibson Iron eyes product sale from Iron Hill in May 2017
Proactive Investors Australia

Iron Hill has a total resource of 8.8 million tonnes at 58.3% iron. Life-of-mine site cash costs are anticipated to be similar to operations at Extension Hill at circa $46-48 per wet metric tonne (wmt).

2017-04-12
Why Atlas Iron Limited and the iron ore miners are being crushed today
Motley Fool Australia

Unfortunately for shareholders of Atlas and fellow iron ore miners Fortescue Metals Group Limited (ASX: FMG), Mount Gibson Iron Limited (ASX: MGX), and Rio Tinto Limited (ASX: RIO), today's decline is the result of the iron ore price weakening further.

2016-10-21
4 stocks soaring on the ASX today
Motley Fool Australia

Mount Gibson Iron Limited (ASX: MGX) share price rose 8.8% to 31 cents after its quarterly report was released today. The iron ore miner said it sold 0.9 million tonnes of ore for revenues of $45 million during the quarter, helping to boost the company ...

2017-03-12
Contango's Bill Laister favours EML, Mount Gibson and Webjet
The Australian Financial Review

The standout was resources where higher commodity prices and lower costs combined. Contango has just bought back in to Mount Gibson Iron with an eye to its Koolan Island interests. Laister owned Mount Gibson until 2008 and had to sell it when the iron ...

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Mount Gibson Iron Limited, together with its subsidiaries, engages in the acquisition, exploration, evaluation, and development of hematite deposits in Australia.

Source: http://www.miningfeeds.com/stock/mount-gibson-iron-ltd-asx


Mount Gibson Iron Limited is a producer of iron ore products. The Company's principal activities include mining and shipment of hematite iron ore at Koolan Island in the Kimberley region of Western Australia; mining of hematite iron ore deposits at the Extension Hill mine site in the Mid-West region of Western Australia and haulage of the ore through road and rail for sale from the Geraldton Port, and exploration and development of hematite iron ore deposits at Koolan Island and in the Mid-West region of Western Australia. The Company operates through two segments: Extension Hill and Koolan Island. The Extension Hill segment includes the mining, crushing, transportation and sale of iron ore. The Extension Hill mine is located in the Mt Gibson Ranges. The Koolan Island segment includes the mining, crushing and sale of iron ore. The Company's Koolan Island hematite mining operation is located approximately 140 kilometers north of Derby in Yampi Sound, Western Australia.

Source: https://www.google.com/finance?cid=685479


We are currently adding to the database; to see sample data please visit Example Corp.

We are currently adding to the database; to see sample data please visit Example Corp.

We are currently adding to the database; to see sample data please visit Example Corp.

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The user of the MiningSX website agrees to indemnify and hold MiningSX, and its subsidiaries, affiliates, officers, agents, co-branders or other partners, and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of Content the user of the MiningSX website submits, posts, transmits or makes available through the Service, the use of and connection to the Service by, the user of the MiningSX website, the violation of the TOS or of any rights of another by the user of the MiningSX website.

  1. NO RESALE OF SERVICE

The user of the MiningSX website agrees not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of the Service, use of the Service, or access to the Service, including any intellectual property rights of MiningSX or any person firm or corporation having posted information for availability through the Service.

  1. GENERAL PRACTICES REGARDING USE AND STORAGE

The user of the MiningSX website acknowledges that MiningSX may establish general practices and limits concerning use of the Service, including without limitation the maximum number of days that email messages, message board postings or other uploaded Content will be retained by the Service, the maximum number of email messages that may be sent from or received by an account on the Service, the maximum size of any email message that may be sent from or received by an account on the Service, the maximum disk space that will be allotted on MiningSX's servers on behalf of the user of the MiningSX website, and the maximum number of times (and the maximum duration for which) the user of the MiningSX website may access the Service in a given period of time. The user of the MiningSX website agrees that MiningSX has no responsibility or liability for the deletion or failure to store any messages and other communications or other Content maintained or transmitted by the Service. The user of the MiningSX website acknowledges that MiningSX reserves the right to log off accounts that are inactive for an extended period of time. The user of the MiningSX website further acknowledges that MiningSX reserves the right to change the MiningSX general practices and limits at any time, in its sole discretion, with or without notice.

  1. MODIFICATIONS TO SERVICE

MiningSX reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. The user of the MiningSX website agrees that MiningSX shall not be liable to the user of the MiningSX website or to any third party for any modification, suspension or discontinuance of the Service.

  1. TERMINATION

The user of the MiningSX website agrees that MiningSX, in its sole discretion, may terminate the password, account (or any part thereof) of the user of the MiningSX website or the use of the Service, and remove and discard any Content within the Service, for any reason, including, without limitation, for lack of use or if MiningSX believes that the user of the MiningSX website has violated or acted inconsistently with the letter or spirit of the TOS or the MiningSX Acceptable Use Policy. MiningSX may also in its sole discretion and at any time discontinue providing the Service, or any part thereof, with or without notice. The user of the MiningSX website agrees that any termination of the user's access to the Service under any provision of this TOS may be effected without prior notice, and acknowledges and agrees that MiningSX may immediately deactivate or delete the user's account and all related information and files in the user's account and/or bar any further access to such files or the Service. Further, the user of the MiningSX website agrees that MiningSX shall not be liable to the user of the MiningSX website or any third-party for any termination of its access to the Service.

  1. DEALINGS WITH ADVERTISERS

The correspondence or business dealings, or participation in promotions of, advertisers found on or through the Service by the user of the MiningSX website, including payment and delivery of related goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between the user of the MiningSX website and such business, promoter or advertiser. The user of the MiningSX website agrees that MiningSX shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such businesses, promoters or advertisers on the Service.

  1. LINKS

The Service may provide, or third parties may provide, links to other World Wide Web sites or resources. Because MiningSX has no control over such sites and resources, the user of the MiningSX website acknowledges and agrees that MiningSX is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any Content, advertising, products, or other materials on or available from such sites or resources. The user of the MiningSX website further acknowledges and agrees that MiningSX shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such Content, goods or services available on or through any such site or resource.

  1. MiningSX'S PROPRIETARY RIGHTS

The user of the MiningSX website acknowledges and agrees that the Service and any necessary software used in connection with the Service ("Software") contain proprietary and confidential information that is protected by applicable intellectual property and other laws. The user of the MiningSX website further acknowledges and agrees that Content contained in sponsor advertisements or information presented to the user of the MiningSX website through the Service or advertisers is protected by copyrights, trademarks, service marks, patents or other proprietary rights and laws. Except as expressly authorized by MiningSX or advertisers, the user of the MiningSX website agrees not to modify, rent, lease, loan, sell, distribute or create derivative works based on the Service or the Software, in whole or in part.

MiningSX grants the user of the MiningSX website a personal, non-transferable and non-exclusive right and license to use the Service; provided that the user of the MiningSX website does not (and does not allow any third party to) copy, modify, create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the MiningSX website, the Software or the Content. The user of the MiningSX website agrees not to modify the Software in any manner or form, or to use modified versions of MiningSX website, the Software or the Content, including (without limitation) for the purpose of obtaining unauthorized access to the Service. The user of the MiningSX website agrees not to access the Service by any means other than through the interface that is provided by MiningSX for use in accessing the Service.

  1. DISCLAIMER OF WARRANTIES

The user of the MiningSX website expressly understands and agrees that:

  1. Its use of the Service is at its sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis. MiningSX expressly disclaims all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose and non-infringement.
  2. MiningSX makes no warranty that (i) the service will meet the requirements of the user of the MiningSX website, (ii) the Service will be uninterrupted, timely, secure, or error-free, (iii) the results that may be obtained from the use of the Service will be accurate or reliable, (iv) the quality of any products, services, information, or other material purchased or obtained by the user of the MiningSX website through the service will meet its expectations, and (v) any errors in the Software will be corrected.
  3. Any material downloaded or otherwise obtained through the use of the Service is done at the sole discretion and risk of the user of the MiningSX website and that it will be solely responsible for any damage to its computer system or loss of data that results from the download of any such material.
  4. No advice or information, whether oral or written, obtained by the user of the MiningSX website from MiningSX or through or from the Service shall create any warranty not expressly stated in the TOS.
  5. It waives any claims it now has, or in the future may have, which gives or provides the user of the MiningSX with any cause of action whatsoever.
  6. Notwithstanding any other provisions herein, user of the MiningSX acknowledges that neither the MiningSX or its Contributors, nor their affiliates or representatives shall be liable to the user of the MiningSX, for special, incidental or consequential, special, direct or indirect damages arising directly or indirectly from any occurrence whatsoever (including without limitation loss of profits, loss of business opportunity, loss of property, of any nature whatsoever), whether or not such damages were foreseeable by the MiningSX or its Contributors or any one of them was advised of the possibility of such damages and whether otherwise arising from any contractual, tortious acts or omissions of either party or of their respective affiliates or representatives, and whether or not it had any knowledge, actual or constructive, that such damages might be incurred for having relied on the material, information, data or the Content presented or forming part of any of the MiningSX website, to make personal, medical, legal, tax, accounting, investment or financial decisions.
  7. The user of the MiningSX accepts total responsibility for any agreement, understanding or relationship the user of the MiningSX enters into with any of the Contributors. Further, the user of the MiningSX understands, acknowledges and agrees that MiningSX, in no manner whatsoever, endorses the said Contributors or whatever proposal may be presented by such Contributors and that MiningSX shall not be held liable for any claims of any nature whatsoever arising or resulting from any thesis or proposal of any of the Contributors, or from any agreement, understanding, association, investment or relationship concluded, agreed, made or established between the user of the MiningSX and any of the Contributors, of any type and for any reason whatsoever.
  8. The user of the MiningSX hereby confirms that it qualifies as a sophisticated, accredited or professional investor", pursuant to all applicable legislation relating to the distribution and/or sale of securities.
  9. The user of the MiningSX understands, acknowledges and agrees that it is its own responsibility to obtain independent legal, tax, financial, accounting, medical or other professional advice with respect to evaluating, agreeing, establishing and/or implementing any relationship or investment based on any of the material, information or strategies presented on the MiningSX website. Further, it is highly recommended that the user of the MiningSX take adequate time to review and evaluate whatever material or information received with whichever independent professional advisors the user of the MiningSX deems appropriate.

The user of MiningSX understands it must not rely on the information on this website as an alternative to legal advice from an attorney or other professional legal services provider. If the user of MiningSX has any specific questions about any legal matter it should consult an attorney or other professional legal services provider. The user should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information on this website.

  1. LIMITATION OF LIABILITY

The user of the MiningSX website expressly understands and agrees that MiningSX shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if MiningSX has been advised of the possibility of such damages), resulting from: (i) the use or the inability to use the Service; (ii) the cost of procurement of substitute goods and services resulting from any goods, data, information or services purchased or obtained or messages received or transactions entered into through or from the Service; (iii) unauthorized access to or alteration of transmissions or data of the user of the MiningSX website; (iv) statements or conduct of any third party on the Service; (v) any agreement, understanding or relationship the user of the MiningSX enters into with any of the Contributors or any other person or entity with whom it has been put in contact through the MiningSX website; or (vi) any other matter relating to the Service.

  1. EXCLUSIONS AND LIMITATIONS

Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages. Accordingly, some of the above limitations of sections 17 and 18 may not apply to the user of the MiningSX website.

  1. SPECIAL ADMONITION FOR SERVICES RELATING TO FINANCIAL MATTERS

If the user of the MiningSX website intends to create or join any service, receive or request any news, messages, alerts or other information from the Service concerning companies, stock quotes, investments or securities, it is hereby urged to read the above Sections 17 and 18 again. These Sections apply with absolute rigor to the user of the MiningSX website. In addition, for this type of information particularly, the phrase "LET THE INVESTOR BEWARE" is paramount. The Service is provided for informational purposes only, and no Content included in the Service is intended for trading or investing purposes. MiningSX and its service providers and suppliers shall not be responsible or liable for the accuracy, usefulness or availability of any information transmitted or made available via the Service, and shall not be responsible or liable for any strategy, trading or investment decisions made based on such information.

  1. NOTICE

Notices to the user of the MiningSX website may be made via either e-mail, fax or regular mail. The Service may also provide notices of changes to the TOS or other matters by displaying notices or links to notices to the user of the MiningSX website generally on the Service.

  1. TRADEMARK INFORMATION

MiningSX, the MiningSX logo, the MiningSX design, and the MiningSX stylized, trademarks and service marks, and other MiningSX logos and product and service names are trademarks of MiningSX (the "MiningSX Marks"). Without MiningSX's prior permission, the user of the MiningSX website agrees not to display or use in any manner, the MiningSX Marks.

  1. GENERAL INFORMATION

The TOS constitute the entire agreement between the user of the MiningSX website and MiningSX and govern the use of the Service by the user of the MiningSX website, superseding any prior agreements between the user of the MiningSX website and MiningSX. The user of the MiningSX website also may be subject to additional Terms and Conditions that may apply when the user of the MiningSX website uses affiliate services, third-party content or third-party software. The TOS and the relationship between the user of the MiningSX website and MiningSX shall be governed by the laws in force in the United Kingdom, without regard to its conflict of law provisions. The user of the MiningSX website and MiningSX agree to submit to the personal and exclusive jurisdiction of the courts located within the country of Great Britain. The failure of MiningSX to exercise or enforce any right or provision of the TOS, the MiningSX subscription documentation Terms and Conditions or the MiningSX Acceptable Use Policy shall not constitute a waiver of such right or provision. If any provision of the TOS, the MiningSX subscription documentation Terms and Conditions or the MiningSX Acceptable Use Policy is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavour to give effect to the parties' intentions as reflected in the provision, and the other provisions of the TOS, the MiningSX subscription documentation Terms and Conditions and the MiningSX Acceptable Use Policy remain in full force and effect. The user of the MiningSX website agrees that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or the TOS, the MiningSX subscription documentation Terms and Conditions and the MiningSX Acceptable Use Policy must be filed within one (1) year after such claim or cause of action arose or be forever barred. The section titles in the TOS are for convenience only and have no legal or contractual effect.

  1. ACCEPTABLE USE

For purposes of this Acceptable Use Policy ("AUP"), a "Customer" is defined to include any organization, individual, company or other entity with which MiningSX Bonds Ltd (MiningSX) has entered into any agreement or contract for the supply of services, including through the MiningSX website. A Customer shall also be responsible for the use of the MiningSX website by any subsidiaries, affiliates, partners, Authorized Staff, suppliers, clients, or any other person gaining access to the MiningSX website in any manner whatsoever, that directly or indirectly utilize the MiningSX website provided to the Customer.

The Customer may only use the MiningSX website for lawful purposes. The use of the MiningSX website in violation of any local or international legislation or regulation is prohibited. This includes, but is not limited to, transmission of proprietary or copyright material without the consent of the owner, material legally judged to be threatening, offensive, or obscene, and third party material protected by patent, trade secret or any other type of intellectual property right, whether or not the Customer was aware of the content of the material or of the relevant law.

MiningSX will fully co-operate with investigations of suspected criminal violations and violations of systems or network security under the leadership of law enforcement authorities.

Use of any information obtained via the MiningSX website is at Customers' own risk. MiningSX is not responsible for the accuracy, quality, or content of information obtained through the MiningSX website and or services.

All MiningSX services are for end-user use only and may not be resold to third-parties without providing end-user information to MiningSX.

The Customer will indemnify and hold MiningSX harmless from any claim brought by third parties alleging that use of the MiningSX website by the Customer has infringed any applicable local or international legislation or regulation. The Customer shall defend and pay all costs, damages, awards, fees (including reasonable legal fees) and final judgments awarded against MiningSX arising from such claims. The Customer shall immediately give MiningSX written notice of any claim the Customer is involved with or aware of. Should the Customer fail to do so, MiningSX may defend such claims at the Customer's sole cost.

MiningSX will cooperate with any law enforcement authorities having jurisdiction to discourage and resist abuses of acceptable use policies. MiningSX reserves the right to take corrective action upon notification to MiningSX of unacceptable use by the Customer. MiningSX reserves the right, at its discretion and without notice, to remove any material or data and to block the use of the network for one or more users.

The Customer may not circumvent user authentication or security of any host, network, or account (referred to as "cracking" or "hacking"), reverse engineer, decompile, deconstruct any programming, nor interfere with service to any user, host, or network (referred to as "denial of service attacks").

The Customer is forbidden to send e-mail to any person who does not wish to receive it. It is explicitly prohibited to send unsolicited bulk mail messages ("junk mail" or "spam") of any kind (commercial advertising, financial and investment promotions, political tracts, announcements, etc.) or to post the same or similar messages to large numbers of newsgroups (excessive cross-posting or multiple-posting, also known as "USENET spam"). A Customer caught spamming on the MiningSX, or who persist in the mass distribution of unsolicited e-mail messages, will be dealt with immediately in accordance with this AUP.

The MiningSX website may be used by the Customer to link into other networks worldwide and the Customer agrees to conform to the acceptable use policies of these networks. The Customer agrees, through its own operations, not to cause disturbances, outages or other problems which may affect MiningSX's network or network based equipment, or which may adversely affect MiningSX's ability to provide services.

MiningSX reserves the right to prohibit activities that violate this AUP or may damage its reputation.

MiningSX will generally not monitor private electronic mail messages sent or received by its Customers but may conduct reasonable investigation of a Customer (i) if required by law or (ii) upon reasonable suspicion of a violation of this AUP to determine if there has been a violation or (iii) when public safety may require it. MiningSX may at all time monitor usage of the MiningSX website electronically to determine if it is operating satisfactorily.

MiningSX may disclose its Customers' information or information transmitted by means of its facilities (i) to comply with legal requirements or (ii) where necessary to protect MiningSX and others from harm or (iii) where such disclosure is necessary to the proper operation of the MiningSX website.

The Customer acknowledges that MiningSX is unable to exercise control over the content of information passing through its facilities or carried as a result of supplying the MiningSX website and is therefore not responsible for that content.

MiningSX reserves the right, at its discretion and without notice, to automatically filter, disconnect and/or deny access to any Customer who violates this policy. This remedy shall also be applied when the Customer has engaged in any of the foregoing activities by using the service of another provider and, channelling such activities through an MiningSX account, re-mailer, or otherwise through the MiningSX website, or using an MiningSX account as a mail drop for responses or otherwise using the services of another provider for the purpose of facilitating the foregoing activities, if such use of another party's service could reasonably be expected to adversely affect the MiningSX website. MiningSX reserves the right, where feasible, to implement technical mechanisms which block multiple postings as described above before they are forwarded or otherwise sent to their intended recipients.

Violation of this AUP (direct or indirect, including by a third party) entitles MiningSX to remove immediately the offending material, establish immediate or temporary filtering, deny access, suspend or terminate one or more subscriptions to the MiningSX website, or take any other appropriate action, as determined by MiningSX in its sole discretion, in addition to any remedies provided by any agreement to provide access to the MiningSX website. MiningSX may give notice of violations but MiningSX reserves the right to act without notice when necessary, as determined by MiningSX in its sole discretion. Nothing in this AUP is to be construed to limit MiningSX's actions or remedies in any way with respect to any of the foregoing activities, and MiningSX reserves the right to take any additional actions it may deem appropriate with respect to such activities, including without limitation, taking action to recover the cost of identifying offenders and terminating their access to the MiningSX website, and charging to cover MiningSX's costs in the event of such termination of access or like situation. MiningSX may co-operate with other service providers to discourage and resist abuses of acceptable use policies. MiningSX reserves the right to take corrective action upon notification to MiningSX of unacceptable use on other networks. The MiningSX website may be linked to other networks world-wide and the Customer agrees to conform to the acceptable use policies of these networks. The Customer agrees, through its operations, not to cause disturbances, outages or other problems which may affect MiningSX's or any other network or network based equipment, or which may adversely affect MiningSX's ability to provide access to the MiningSX website.

Nothing contained in this AUP shall be construed to limit MiningSX's actions or remedies in any way with respect to any of the foregoing activities, and MiningSX reserves the right to take any and all additional actions it may deem appropriate with respect to such activities, including without limitation, taking action to recover the costs and expenses of identifying offenders and removing them from the MiningSX website, and levying cancellation charges to cover MiningSX's costs in the event of disconnection of dedicated access for the causes outlined above. In addition, MiningSX reserves at all times all rights and remedies available to it with respect to such activities at law or in equity.

Customer will indemnify and hold MiningSX harmless from any claim brought by third parties relating to the Customer's use of the MiningSX website. The Customer must defend and pay all damages and costs (including legal fees) arising from such claims. The Customer must immediately notify MiningSX of any claim or potential claim, within the Customer's knowledge, involving the Customer related to the MiningSX website. Failure to do so gives MiningSX the right to defend such claims at Customer's sole cost and expense.

MiningSX is committed to providing quality service to all of its Customers. While the AUP may appear harsh, MiningSX believes it is necessary to ensure that it is able to provide professional, efficient, stable service within an environment of security and trust which its Customers may require and come to expect from an organization such as MiningSX.

This AUP is subject to change. Please contact us with any questions regarding the policy or to report a breach of AUP.

OUR PRIVACY POLICY

MiningSX Limited ("We") are committed to protecting and respecting your privacy.

This policy (together with our Terms and Conditions sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully as this privacy policy explains what happens to any personal data that you provide to us, or that we collect from you whilst you visit our site.

We do update this policy from time to time so please do review this policy regularly.

Information we collect

We may collect and process the following data about you:

IP Addresses

We may collect information about your computer, including where available your IP address, operating system and browser type, for system administration and to report aggregate information to our advertisers. This is statistical data about our users' browsing actions and patterns, and does not identify any individual.

Cookies

Our website uses cookies to distinguish you from other users of our website. This helps us to provide you with a good experience when you browse our website and also allows us to improve our site.  Certain areas of the website such as member areas are not accessible if cookies are disabled.

Storing Your Personal Data

In operating our website, it may become necessary to transfer data that we collect from you to locations outside of the European Union for processing and storing. By providing your personal data to us, you agree to this transfer, storing or processing. We do our upmost to ensure that all reasonable steps are taken to make sure that your data is treated stored securely.

Unfortunately, the sending of information via the internet is not totally secure and on occasion such information can be intercepted. We cannot guarantee the security of data that you choose to send us electronically, sending such information is entirely at your own risk.

Uses made of the information

We use information held about you in the following ways:

Disclosure of your information

We may disclose your personal information to any member of our group, which means our subsidiaries, our ultimate holding company and its subsidiaries, as defined in section 1159 of the UK Companies Act 2006.

We may disclose your personal information to third parties.

In the event that we sell or buy any business or assets, in which case we may disclose your personal data to the prospective seller or buyer of such business or assets.
 

If MiningSX Limited or substantially all of its assets are acquired by a third party, in which case personal data held by it about its customers will be one of the transferred assets.

If we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our terms of use or to protect the rights, property, or safety of our customers, or others. This includes exchanging information with other companies and organisations for the purposes of fraud protection and credit risk reduction.

Your rights

You have the right to ask us not to process your personal data for marketing purposes. We will usually inform you (before collecting your data) if we intend to use your data for such purposes or if we intend to disclose your information to any third party for such purposes. You can exercise your right to prevent such processing by checking certain boxes on the forms we use to collect your data.

Our site may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

Access to information

The Data Protection Act 1998 Act (the “Act”) gives you the right to access information held about you. Your right of access can be exercised in accordance with the Act. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

Changes to our privacy policy

Any changes we may make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

Contacting Us

Please do not hesitate to contact us regarding any matter relating to this privacy policy.

MiningSX - Regulated Disclaimer

MiningSX (“MSX”) allows securities to be listed via The Startup Stock Exchange ("SSX”), under a Joint Venture Agreement (“JV”) between the parties. SSX provides securities exchange related services, such as Brokerage and Listing Advisory, enabling the owners of startups and small businesses to attract qualified global investors to buy shares of their companies on a public stock exchange, the Dutch Caribbean Securities Exchange N.V. ("DCSX"), thereby providing access to a regulated and transparent marketplace for all participants.

SSX Advisors Corp is a licensed Listing Advisor and SSX Brokers NV is a licensed broker, of the Dutch Caribbean Securities Exchange N.V. The DCSX is a self-regulating securities exchange, located on Curacao, licensed by the Ministry of Finance and supervised by the Central Bank of Curacao and St. Maarten.

Investing in startups involves very high risks and it should be done only as part of a diversified investment portfolio. MSX is targeted solely at investors and companies who are sophisticated enough to understand the high risks of startup investments and make their own decisions.

MSX has both a quotation service and a listing service. If a company is denoted as ‘Quoted” it means the data presented is for information purposes only. It does not host a listing on the platform and has not been approved by our external listing committee. In some cases the quoted companies may be listed on another recognised stock exchanges globally and in this case it will be made apparent.

MSX hosts companies conducting an IPO and also shows companies under review. We have no restrictions on contacting these companies as a result of information found on our site and in such a case no liability for any resulting transaction will be the responsibility of MSX.

MSX has acquired IP to internally conduct AML (Anti Money Laundering) and KYC (Know Your Client) procedures fully vetted and approved by our regulating Central Bank. This activity must be overseen and approved in each case by an authorised AML officer.

MiningSX Limited is a UK registered Limited Liability company. It does not have any regulation inside the UK as it provides services outside the Financial Services Act. MSX is a FinTech solution for a sector based Stock Exchange regulated by its partners via the DCSX. The MSX platform is a fully automated trading system complete with company on-boarding systems, electronic trade matching, clearance and settlement as well as Investor and researcher portals.

MSX collects huge quantities of raw and unique data within the medical marijuana sector. It uses this inside smart algorithms to provide key and vital data to all parties in a fully transparent structure. All data is obtained from reliable and independent sources.

All trading conducted on MSX will be via SSX Brokers NV. A brokerage account with SSX is required in order to trade. Applications to open accounts will be available in Q4 2017.