let it go into administration, page-9

Email advice below from ASIC received today.

Those of you who are concerned about the decisions made by the board and Galaxy management that has put retail shareholders in this position feel free to lodge you complaint to ASIC. Link supplied.

https://www.edge.asic.gov.au/008/complaintV007?get/complaintDetails/t=727feedac0d53e9793986dac810d1e382b57b77

select WA locality.

The more information provided by disgruntled shareholders the better chance that a investigation may take place.

-----------------
GALAXY RESOURCES LIMITED ACN 071 976 442

I refer to your correspondence of 21 May 2013 and our recent telephone conversation.

We are currently making an initial assessment of the issues you have raised, and we aim to contact you again within 28 days to advise you of the outcome of that assessment.

I have attached a link to ‘How ASIC deals with reports of misconduct’ http://www.asic.gov.au/asic/asic.nsf/byheadline/How+ASIC+deals+with+reports+of+misconduct?openDocument, which is an easy-to-read guide about ASIC’s responsibilities and the process we use for assessing your report. I hope you find it helpful in understanding what steps ASIC takes when it receives reports of misconduct from the public.

As we discussed, please email me further information about your additional concerns as soon as possible.

------------------------