AuDAX Resources Limited (ASX:ADX) Capital Raising To Meet Bond Requirements Oversubscribed

  Perth, Australia, Aug 27, 2009 - (ABN Newswire) - AuDAX Resources Limited (ASX:ADX)(PINK:ADXRF) is pleased to announce that the Company has completed a placement of 25,160,000 shares at an issue price of 10 cents per share to raise A & #36;2,516,000 from sophisticated investors as defined under the Corporations Act and institutional investors.Investors include RAB Energy Fund (London) and clients of London based Truestone Capital.  

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