Asian Equities News 2015-07-21: Coventry Resources Massive Copper Results in the USA
21.07.2015 | ABN Newswire
Sydney, Australia (ABN Newswire) - Coventry Resources Inc. (ASX:CYY) (CVE:CYY) announced that thick semi-massive to massive sulphide mineralisation, comprising predominantly chalcopyrite (copper-sulphide) and pyrite, has been intersected in all five diamond core drill holes completed to date at the highly prospective high-grade Caribou Dome Copper Project in Alaska, USA, with exceptional drilling results including: 18.1m at 9.34% copper and 18.4m at 6.25% copper.Graphite Explorer in Tanzania, IMX Resources Ltd. (ASX:IXR) (TSE:IXR), advised that it has secured a strategic cornerstone investment by a prominent Chinese business leader for over half of a AU$3 Million share placement comprising of 250 million shares at 1.2 cents per share. The Placement is subject to the approval of IMX shareholders at a General Meeting which is expected to be held on 25 August 2015. The Placement, which was oversubscribed, was led by a group company of Chen Yonglian ("Madame Chen"), who has agreed to subscribe for 133 million shares for AU$1.6 million, representing approximately 12% of IMX's shares on issue after the Placement. Madame Chen is a highly influential Chinese business person with significant private business interests.
Mint Payments (ASX:MNW) announced that it has signed an agreement with eWAY, whereby eWAY will licence Mint's "card present" capability to distribute their own mobile point of sale ("mPOS") solution. eWAY's 20,000+ merchants will now be able to accept the full spectrum of card payments, including Visa and MasterCard, as well as EFTPOS through popular payment methods such as Apple Pay, Contactless, Chip & Pin, and Magnetic Swipe. Mint will derive ongoing revenues from monthly fees, merchant service fees, transaction fees and hardware fees. Mint's partnership with eWAY will provide an omni-channel payments solution across markets in Australia, New Zealand, Singapore, Hong Kong and Malaysia.
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