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Legend Intl Hldgs Inc

 
MarketWatch Profile: Legend Intl Hldgs Inc
(OTC: LGDI)
Contact Information
Legend Intl Hldgs Inc
Level 8, 580 St Kilda Road
n/a
Melbourne, Victoria, AU 3004
AUSTRALIA
Tel. 116 1385322866
Fax. 116 1385322805

Industry: Nonequity Investment Instruments
On the web: http://www.lgdi.net
Employees: n/a

Legend International Holdings, Inc. was incorporated in the State of Delaware on January 5, 2001 under the name Sundew International, Inc. Currently the Company mainly focuses on the development of its phosphate interests in the Georgina Basin in Queensland, Australia, which includes Paradise, Lady Jane, D-Tree, Thorntonia, Lily Creek, Quita Creek, Sherrin Creek and Highland Plains. Previously, the Company was engaged in the business of selling compatible inkjet cartridges and refill kits on the Internet. On March 13, 2003, Legend filed for an Amendment to its Certificate of Incorporation (the Amendment) pursuant to which the name of Sundew International, Inc. was changed to `Legend International Holdings, Inc.' In November 2004, the Company developed a new plan of operations for fiscal 2006, which is to engage in mineral exploration and development activities. The Company's business plan calls for the identification of mineral properties where it could obtain secure title to exploration, development and mining interests. The Company's preference is to identify large minerals deposits with low operating costs. The Company is prepared to consider the exploration, development and mining of profitable base metal interests. At the beginning of 2006, the Company expanded its areas of interest to include diamond exploration activities and in July 2006, the Company completed the acquisition of certain diamond mining tenements in Northern Australia. Since that time, the Company has identified that those mining tenements in Northern Australia also have potential for uranium and base metals. The acquisition of mineral properties is subject to competition. The Company's exploration operations are subject to federal and state laws and regulations governing the method of acquisition and ownership of mining rights, exploration, development, mining, production, taxes, labour standards, occupational health, mine safety, toxic substances other matters.
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