Axiom 2014 Annual Report - page 62

Notes to the Financial Statements
for the year ended 30 September 2014
60
Axiom Mining Limited
9. Investments in subsidiaries
Details of the subsidiaries are as follows:
Ownership interest held
by the Group
Proportion of
Non-controlling interests
Name of subsidiaries
Place of
incorporation
2014
%
2013
%
2014
%
2013
%
Axiom Vietnam JSC*
Vietnam
90
90
–
–
Axiom Nickel Pty Ltd
Australia
100
100
–
–
Axiom Nickel (SI) Ltd
Solomon
Islands
100
100
–
–
Axiom KB Ltd
Solomon
Islands
80
80
20
20
Azzu Mining Ltd
British Virgin
Islands
100
100
–
–
Guadalcanal Resources Limited*
Solomon
Islands
93
93
–
–
Laos Resources Ltd
British Virgin
Islands
100
100
–
–
Ozmin Resources Pty Ltd
Australia
100
100
–
–
South Pacific Minerals Limited
Solomon
Islands
100
100
–
–
Vietnam Resources Corporation Pty Ltd
Australia
100
100
–
–
Vietnam Resources Corporation (QB) Pty Ltd
Australia
100
100
–
–
VRC Quangtri Pty Ltd
Australia
100
100
–
–
Millungera Energy Pty Ltd
Australia
100
100
–
–
Vietnam Resources Corporation
(VN Holdings) Pty Ltd
Australia
100
100
–
–
The companies shown above are audited by firms other than Hall Chadwick Sydney.
* The non-controlling interests of Axiom Vietnam JCS and Guadalcanal Resources Limited are not material to the Group.
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