Wednesday, October 26, 2011

[CPSI NewsAlert: MAK to Sell 3Mtpa Coal to Winsway]

CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.

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October 26, Winsway Coking Coal Holdings Limited (HK:1733) -- The board of directors (the “Directors”) of the Company announces that the Company entered into a ten-year strategic alliance agreement (the “Strategic Alliance Agreement”) with MAK on 25 October 2011.

Under the Strategic Alliance Agreement, Mongolyn Alt (MAK) LLC (“MAK”) or its designated companies will supply high-quality coal to the Company or its designated companies from Mongolia with a minimum volume of 3 million tonnes per year with scope to increase the volume as may be agreed by the parties. The purchase price shall be mutually agreed upon on a quarterly basis with consideration given to the market price in China. The Company will provide comprehensive logistical services to MAK.

The Strategic Alliance Agreement will regulate supplies from MAK to the Company for a period of ten years starting from 2012 and may be renewed by the parties upon agreement within three months prior to its expiry.

Link to release



"Mogi" Munkhdul Badral

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CPS International LLC

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CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at or +976-99996779.



CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.

CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.



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