Online Privacy Statement
This Online Privacy Statement applies to your use of the Panax internet website under the domain names

This Online Privacy Statement is provided to make you aware of how Panax Geothermal Limited ABN 89 122 203 196 (“Panax”) collects, uses and manages information of visitors to the Website. Panax considers as important your personal privacy and the protection of your personal information.

What Information Do We Collect and How Do We Use It?
Panax collects the following information regarding visitors to this Website: domain name and information regarding what pages are accessed. Panax collects and logs this information for statistical purposes. Other than as stated above, no attempt is made to identify you or your browsing activities except, in the event of an investigation, where a law enforcement agency may exercise a warrant to inspect the service provider's logs, or where your usage is causing technical issues for our site that may need to be resolved and we need to contact you.

Some sections of this Website may also allow you to contact us by email or otherwise volunteer information about yourself, such as your name, email address, employment application details, survey responses, and your preferred means of communication. In addition to the purposes outlined above, this information may be used and disclosed for the purposes of carrying out or responding to your requests, for purposes relating to any third party acquisition or potential acquisition of an interest in Panax or its assets, or any other purposes outlined at the time you provide the information. We may not be able to do these things without your personal information. For example, we may not be able to contact you or offer employment to you.

Panax may disclose your personal information to our related bodies corporate and to service providers who assist us in providing this Website and conducting our business including organisations that provide archival, auditing, professional advice, mail house, delivery, recruitment, technology, utility and security services. Panax may also disclose your personal information to third parties, where you consent to the disclosure or in circumstances where such disclosure is required or authorised by law.

Cookies are small data files that a website is able to place on a user’s hard drive to record aspects of that user’s experience of the website. Like many sites, this Website may use cookies from time to time. For example, we may use cookies to record that a user visited a particular section of the Website, that their browsing software was a particular version or that they chose not to be on a mailing list. In this way, cookies can improve the operation of the Website, and make the experience more efficient, more enjoyable or more personalised.

Importantly, in depositing information on a user’s computer and referring to it later in the same session (sessional) or on a subsequent visit (persistent), cookies do not need to identify the user or record any personal information. A notice will be posted on this Website if this Website attempts to identify individuals from their cookies unless that identification is required by law or to assist in law enforcement.

The default settings of browsers like Netscape and Internet Explorer always allow cookies, but users can easily erase cookies from their hard-drive, block all cookies, or receive a warning before a cookie is stored. Please note that some parts of this Website may not function fully for users that disallow cookies.

Panax takes reasonable security measures to protect personal information from loss, misuse and from unauthorised access, modification or disclosure. However, there are risks in transmitting information across the Internet. So while we strive to protect such information, we cannot ensure or warrant the security of any information transmitted to us online and individuals do so at their own risk. As far as permissible under law, Panax accepts no responsibility for the unauthorised access of personal information held by Panax.

Updating This Online Privacy Statement
The content of this Online Privacy Statement may be updated from time to time, so we suggest that you return to the Website on a regular basis and read the information provided.

Links to Other Websites
This Website provides links to other websites. Panax is not responsible for the privacy practices of these sites.

Access Your Information/Contact Us
If you want further information regarding this Online Privacy Statement or wish to request access to any personal information we hold about you, please contact Panax at
Dated 22 October 2010

The information on this website is published to inform you about Panax and its activities. All reasonable effort has been made to provide accurate information but we do not warrant or represent its accuracy and we reserve the right to make changes to it at any time without notice.

To the extent permitted by law, Panax accepts no responsibility or liability for any losses or damages of any kind arising out of the use of any information contained on the website. The information is not an invitation to invest or deal in Panax securities and you should seek independent professional advice before making any investment decisions.

The information is copyright to Panax. You may download the information for your own personal use but you may not reproduce it for any other purpose without our express permission.

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