Home Blog Page 2

Mastercard partners with tonik, Philippines’ first digital-only neobank, to accelerate financial inclusion



Mastercard today announced a new partnership agreement with tonik, a two-year-old startup which recently received a bank license in the Philippines. Through this partnership, Mastercard will further enhance tonik’s market proposition by enabling the latter to issue a range of electronic payments products that taps into Mastercard’s global network and extensive business intelligence when tonik launches operationally later this year.

Internet penetration in the Philippines is at 67 percent[1], and one third of the population is millennials[2]—many of whom are digital natives. However, according to the 2017 Financial Inclusion Survey by Bangko Sentral ng Pilipinas (BSP), over 70 percent of the country’s population is unbanked[3]. At the same time, 60 percent of Filipinos who are either in the formal banking system or can become part or the system, are willing to use offerings that are digitally focused[4]. Achieving financial inclusion by leveraging financial technology has been top on the agenda for Bangko Sentral ng Pilipinas, which has set the goal of doubling the number of Filipinos with formal bank accounts by 2023[5].

Driving digital financial inclusion and expanding access to formal financial services for the unserved and underserved population is one of the cornerstones of tonik’s proposition. As a mobile-only digital bank, tonik is able to develop highly customized, scalable banking solutions that fit the needs of a customer base that is incredibly diverse, ranging from people who are just making their first forays into the formal banking system, through to customers who have held accounts and used financial products for most of their adult lives. Because of its digital-first approach, tonik is well placed to meet consumers’ needs and demands irrespective of where they live, work and do business.

“We want to empower the underserved and unserved Filipinos by giving them simple, accessible, and fast digital banking experiences. We want our customers to easily gain familiarity with transacting and banking digitally in order to help them harness the full potential of the rapidly changing digital economy. Our partnership with Mastercard is about injecting more speed, scale, and performance into all facets of our business. Having immediate access to Mastercard’s global payment network, safety & security technology, data and analytics services, AI technology, and cybersecurity capabilities will be essential to tonik’s growth and success in today’s digital-first reality,” said Greg Krasnov, CEO & Founder, tonik.

Orchestrating this partnership is Mastercard Fintech Express, a tailored program which provides fintechs such as tonik with increased speed-to-market, access to a suite of digital-first products, and a cross functional team of experts to provide strategic counsel and advisory across product, partnerships, licensing and legal to be able to successfully build their offerings.

“The entire payments ecosystem thrives when fintechs have access to the technology they need to reach scale and make finances widely accessible. tonik exemplifies an agile and innovative fintech whose ambition of driving financial inclusion in the Philippines through digital-first products and seamless consumer experiences is closely aligned with Mastercard’s mission to connect and power an inclusive, digital economy that benefits everyone. tonik’s ability to secure a bank license as a startup is nothing short of exceptional and Mastercard is delighted to partner with them to enhance the Philippines’ digital banking space and to boost the nation’s financial inclusion journey,” said Rama Sridhar, Executive Vice President, Digital & Emerging Partnerships and New Payment Flows, Asia Pacific, Mastercard.

tonik will launch with a full range of banking services including a transactional savings account with a debit card, savings and term deposit accounts with attractive interest rates, as well as a range of consumer loans in Q3 2020. Debit Mastercard cards will be available to customers at the end of the year and will allow customers to transact and withdraw cash from everywhere Mastercard is accepted. Additional services such as loans, credit cards, and fund transfer categories will be made available in the course of 2021.

Brand X Lifestyle Corp. Provides Update on FansUnite Entertainment Inc. Investment


Vancouver, British Columbia–(Newsfile Corp. – July 8, 2020) – Brand X Lifestyle Corp. (CSE: BXXX) (“Brand X” or the “Company”) would like to share developments on its investment in FansUnite Entertainment Inc. (“FansUnite” or “Fans”). FansUnite went public on the CSE on May 5th, 2020. FANS is a sports and entertainment company, focusing on technology related to regulated and lawful online sports betting and other related products. The principal business is operating the FansUnite Sportsbook and the website of its wholly-owned subsidiary, McBookie Ltd., offering online gaming services to the U.K. market. FansUnite is also a provider of technology solutions, products, and services in the gaming and entertainment industry and looks to acquire technology platforms and assets with high-growth potential in new or developing markets.

On June 22, 2020, FansUnite announced it has entered into a definitive amalgamation agreement with Askott Entertainment, to create one of Canada’s leading online gaming companies, focused on sports betting, e-sports wagering and casino games. This is a significant milestone for FansUnite and allows the two organizations to integrate and offer multiple B2C platforms for users in a variety of betting offerings. B2B technology that has the capability to license various types of sportsbooks, and an industry-leading team of executives that have led and grown multiple organizations on a global scale. Under the terms of the agreement, FansUnite will acquire all of the outstanding securities of Askott by way of a three-cornered amalgamation.

“Our journey as a public listing has been nothing short of an exciting one”, said Darius Eghdami, Co-Founder, CEO, and Chairman of FansUnite Entertainment. “The team at Fans has reached significant milestones in a few short months from our Go-Public in May, the acquisition of McBookie, UK’s leading sportsbook, adding global gaming talent to our board of directors, and most recently our definitive agreement to acquire Askott Entertainment. We look forward to continuing our growth strategy and developing Canada’s leading online iGaming company.”

In addition to pursuing an aggressive growth strategy, FansUnite announced it had received approval from the Depository Trust Company to make their shares eligible on the OTC and allowing United States investors to clear their trades seamlessly under the ticker “FUNFF”.

About Brand X Lifestyle Corp.

Brand X is an investment issuer that actively invests in a diversified portfolio of early-stage to mid-level companies. Brand X leverages its extensive network of operators and global thought leaders to provide investors with unparalleled access to investments that are not normally accessible to the average retail investor. In addition to Ag Tech and Mining Tech IP, the Brand X portfolio now includes IP within the Global Hemp Consumer Brand vertical. Brand X provides capital, experience, and support to emerging market leaders in the progressive health, wellness, and technology spaces while building shareholder value.


Arni Johannson, CEO
Tel: 604-349-3011

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59429

CSE Bulletin: New Listing – Cross River Ventures Corp. (CRVC)


Toronto, Ontario–(Newsfile Corp. – le 8 juillet/July 2020) The common shares of Cross River Ventures Corp., have been approved for listing on the CSE.

Listing and disclosure documents will be available at www.thecse.com on the trading date.

Cross River Ventures is engaged in the business of exploration of mineral properties in Canada. The Company holds an option to acquire a 100% undivided interest in the Tahsis Property, located in Northern Vancouver Island, British Columbia, in the Nanaimo Mining Division, which is in the exploration stage.


Les actions ordinaires de Cross River Ventures Corp., ont été approuvées pour l’inscription au CSE.

Les documents d’inscription et de divulgation seront disponibles sur www.thecse.com à la date de négociation.

Cross River Ventures est engagée dans l’exploration de propriétés minières au Canada. La Société détient une option pour acquérir une participation indivise de 100% dans la propriété Tahsis, située dans le nord de l’île de Vancouver, en Colombie-Britannique, dans la division minière de Nanaimo, qui est en phase d’exploration.

Issuer/Émetteur: Cross River Ventures Corp.
Security Type/Titre: Common Shares/Actions ordinaires
Symbol(s)/Symbole(s): CRVC
Number of securities issued and outstanding/ Titres émis et en circulation: 7 500 000
Number of Securities reserved for issuance/ Titres réservés pour émission: 2 718 000
CSE Sector/Catégorie: Mining/Minier
CUSIP: 22758R 10 8
ISIN: CA 22758R 10 8 2
Boardlot/Quotité: 500
IPO Price/Prix: $0.10/0,10 $
Agent: Haywood Securities Inc.
Trading Currency/Monnaie de négociation: CDN$/$CDN
Listing Date/Date de l’inscription: le 10 juillet/July 2020
Trading Date/Date de negociation: le 14 juillet/July 2020
Other Exchanges/Autres marches: N/A
Fiscal Year end /Clôture de l’exercice financier: le 31 janvier/January
Transfer Agent/Agent des transferts: Odyssey Trust Company



The Exchange is accepting Market Maker applications for CRVC. Please email: Trading@theCSE.com

If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com

Pour toute question, pour obtenir de l’information supplémentaire veuillez communiquer avec le service des inscriptions au 416 367-7340 ou par courriel à l’adresse: Listings@thecse.com

Crystal Bridge Enterprises Inc. Reports on the Annual General Meeting


Vancouver, British Columbia–(Newsfile Corp. – July 8, 2020) –  CRYSTAL BRIDGE ENTERPRISES INC. (TSXV: CRYS) (the “Company“) is pleased to announce the results of its Annual General Meeting (“AGM“) held on July 6, 2020. Shareholders voted in favor of all management resolutions proposed in the Management Proxy Circular and as listed below:

  1. The number of Directors for the Company was set at Five (5).
  2. The five members elected to the Board of Directors include: Rajeev ‘Rob’ Bakshi, K. Taylor Thoen, Kenneth Hallat, Mark Kohler and Pardeep Sangha.
  3. Manning Elliott LLP, Chartered Accountants, was appointed as Auditors of the Company for the ensuing year.
  4. The Company’s Stock Option Plan was ratified.

The Company is a capital pool company pursuant to Policy 2.4 of the Exchange (the “CPC Policy“). Except as specifically contemplated in the CPC Policy, until the completion of its “Qualifying Transaction” (as defined in the CPC Policy), the Company will not carry on business, other than the identification and evaluation of companies, business or assets with a view to completing a proposed Qualifying Transaction. Investors are cautioned that trading in the securities of a capital pool company is considered highly speculative.

For further information, please contact:
Rajeev (Rob) Bakshi, President and CEO
Tel: 604-761-2100

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company’s expectations and projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59389

Cairo Resources Announces Increase to Private Placement


Vancouver, British Columbia–(Newsfile Corp. – July 8, 2020) –  Cairo Resources Inc. (TSXV: QAI.H) (the Company or Cairo“), a Capital Pool Company listed on the NEX Board of the TSX Venture Exchange (the “Exchange“), announces that further to its news release on July 2, 2020, it has increased its non-brokered private placement to up to 3,375,000 common shares at a price of $0.16 per common share for gross proceeds of up to C$540,000 (the “Offering”).

The Company will apply the proceeds of the Offering to pursue a Qualifying Transaction and for general working capital purposes.

The Company may pay finders’ fees in connection with the Offering, in accordance with Exchange policies. All securities issued under the Offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws.

Closing of this Offering is subject to the receipt of all necessary regulatory approvals including that of the Exchange.

About Cairo

The Company is a Capital Pool Company presently listed on the NEX board of the Exchange. The Company currently has issued and outstanding 1,881,473 common shares issued and outstanding and no convertible securities.

For further information please contact Darryl Cardey at (604) 638-8063.


(signed) “Darryl Cardey

Darryl Cardey

President and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/59379

SEC Issues Agenda for July 16 Special Meeting of the Asset Management Advisory Committee


Washington, D.C.–(Newsfile Corp. – July 8, 2020) – The Securities and Exchange Commission today released the agenda for the virtual July 16 special meeting of the Asset Management Advisory Committee (AMAC). AMAC was formed to provide the Commission with a range of perspectives on asset management and related advice and recommendations.

The meeting will feature discussions on improving diversity and inclusion in the asset management industry, including issues relating to diverse asset managers, as well as issues relating to data privacy and the impact of technology on investment advice.

“AMAC set diversity and inclusion as a top priority at its inaugural meeting,” said AMAC Chairman Ed Bernard.  “The committee will hear from six thought leaders who will provide understanding and insights to serve as the foundation of the committee’s work on this important issue. We’ll also begin to explore emerging issues relating to data privacy and ownership and the impact of technology on investment advice, guided by four innovation leaders in the industry.”

The meeting will be held by remote means and is open to the public. The meeting will be webcast live on the SEC’s website, www.sec.gov, and will be archived on the website for later viewing. Members of the public who wish to provide their views on the matters to be considered by AMAC may submit comments either electronically or on paper, as described below. Please submit comments using one method only. At this time, electronic submissions are preferred. Information that is submitted will become part of the public record of the meeting. All submissions should refer to File Number 265-33, and the file number should be included on the subject line if email is used.

Electronic submissions:

Use the SEC’s Internet submission form or send an e-mail to rule-comments@sec.gov.

Paper submissions:

Send paper submissions in triplicate to Secretary, Securities and Exchange Commission, 100 F Street NE, Washington, D.C. 20549-1090.

* * *

Asset Management Advisory Committee – Agenda for July 16, 2020, Meeting

9:00 a.m. Welcome and Opening Remarks
Chairman Clayton; Commissioners Peirce, Roisman, and Lee; Dalia Blass, Director of the Division of Investment Management; and Ed Bernard, Committee Chairman
9:30 a.m. Improving Diversity and Inclusion in the Asset Management Industry
AMAC Panel Moderator: Gilbert Garcia, Garcia, Hamilton & Associates

  • Robert Raben, Raben Group
  • Juan Martinez, Knight Foundation
  • Solange Brooks, New America Alliance
  • Ron Parker, National Association of Securities Professionals
  • Brenda Chia, Association of Asian American Investment Managers
  • Bob Greene, National Association of Investment Companies
11:30 a.m. Break
11:40 a.m. Data Privacy and Technology’s Impact on Investment Advice
AMAC Panel Moderator: Neesha Hathi, Charles Schwab

  • Stuart Rubinstein, Akoya
  • Lowell Putnam, Plaid
  • Eric Clarke, Orion
  • Hardeep Walia, Schwab Asset Management Solutions
1:10 p.m. Summary and Discussion
1:30 p.m. Adjournment


CSE Bulletin: Suspension – Cannabis One Holdings Inc. (CBIS)


Toronto, Ontario–(Newsfile Corp. – Le 8 juillet/July 2020) – Effective immediately, Cannabis One Holdings Inc. is suspended pursuant to CSE Policy 3. The suspension is considered a Regulatory Halt as defined in National Instrument 23-101 Trading Rules. A cease trade order has been issued by the Ontario Securities Commission and British Columbia Securities Commission.

For more information about Cease Trade Orders, visit the Canadian Securities Administrators Cease Trade Order database at www.securities-administrators.ca


En vigueur immédiatement, Cannabis One Holdings Inc. est suspendue conformément à la politique 3. du CST. La suspension est considérée comme un arrêt réglementaire au sens du Règlement 23-101 sur les règles de négociation. Une ordonnance d’interdiction d’opérations a été rendue par la Commission des valeurs mobilières de l’Ontario et la British Columbia Securities Commission.

Pour en savoir plus sur les ordonnances d’interdiction d’opérations, visitez la base de données des ordonnances d’interdiction d’opérations des Autorités canadiennes en valeurs mobilières à www.securities-administrators.ca


Le 9 juillet/July 2020




If you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: Listings@thecse.com

Si vous avez des questions ou si vous avez besoin d’informations supplémentaires, veuillez contacter le service des inscriptions au 416 367-7340 ou par courriel l’adresse: Listings@thecse.com

Yatra.com Partners with Zaggle to Offer Integrated Expense Management Solutions



Yatra Online, Inc. (“Yatra”) (NASDAQ: YTRA, OTCQX: YTROF), India’s leading online corporate travel platform servicing 850+ corporate and 20,000+ SME clients, and Zaggle, a leading FinTech start-up have announced their partnership to deliver streamlined, integrated expense automation solutions for corporates and SMEs in India.

Zaggle’s state-of-the-art technology helps compiling corporate spends using proprietary technology platforms resulting in business efficiencies. This partnership, will enable Yatra to deliver an efficient expense management system and corporate card program along with its existing online travel solution. These solutions will further enable Yatra to seamlessly digitize business spends.

Commenting on the partnership, Dhruv Shringi, Co-founder and Chief Executive Officer, Yatra.com said, “We are diversifying beyond our portfolio of travel to become an end to end business solution partner for our clients. Joining hands with Zaggle helps us drive efficiencies for our clients by automating the expense management process. Our technology platforms complement each other and we look forward to growing with Zaggle to drive lasting business impact for our clients.”

Mr. Raj N, Founder, Zaggle said, “We strengthen our product portfolio by leveraging technological advancements to provide hassle-free solutions. By partnering with Yatra, we will be able to maximize our reach in to the corporate segment and further strengthen our base in the expense management industry. Yatra’s strong hold in the B2E sector provides us a great opportunity to empower businesses across sectors and improve their efficiency and accuracy in terms of expenditure.”

Zaggle currently works with more than 3,500 large customers and has over 10,000 merchant relationships. Zaggle’s tech solutions help businesses manage employee tax benefits, employee reimbursement and expenses, rewards and recognition. With this partnership, Yatra assists leading businesses to enforce expense policies, provide an optimal travel experience and save costs.

Industry Expert Gives VantagePoint His Endorsement



VantagePoint AI software has been reviewed by the legendary Darrell Jobman who declared it “Highly Recommended” in the latest issue of TradersWorld Magazine, the Official Magazine of Technical Analysis.  The recommendation is high praise from the highly regarded former editor of Commodities Magazine.

“VantagePoint features take the job of market forecasting beyond the ability of most humans,” writes Jobman, “[the software] now offers a larger range of U.S. and international stocks, futures and commodities, forex pairs, exchange-traded funds (ETFs) and cryptocurrencies– in time frames that can be customized from three days to 10 years, all based on end-of-day data.”

Mr. Jobman’s review is an easy-to-understand overview of the capabilities of the software.  He provides explanations of the various functions within VantagePoint’s interface along with charts to demonstrate how various functions are displayed and can be used.

The review is also a good introduction to VantagePoint’s capabilities. It explains how the software uses artificial intelligence to provide independent traders with predictive forecasts up to 72 hours before a market movement or trend change with accuracy up to 87.4% and four points of confirmation.

Jobman also writes, “VantagePoint has a long history of providing excellent customer service support and training, too. Applying the software along with training and recouping the cost should not take long.”

To read the entire review, visit the Vantagepoint website.

Vantagepoint AI was the first company in the world to give independent traders the power of artificial intelligence for trading financial markets from their home computers. Since it was founded in 1979, Vantagepoint has been helping traders in over 120 countries find financial freedom.

Mojodomo Introduces the World’s First Zero-waste, Performance-based Solution to Loyalty Marketing



Mojodomo, a Hong Kong-based start-up, announces the first zero-waste, performance-based solution to loyalty marketing. They’ve cracked the code to voucher waste and are leading the way to a new era of customer engagement.

Backed by Citibank and powered by Mastercard, Mojodomo enables virtual card payments for instant B2B voucher settlement between marketers and merchants. Marketers are reaching exponential new levels of campaign ROI since no upfront payments are involved, customers experience more value and convenience and merchants are capturing new business when they need it most. Everyone wins – marketers, customers and retailers alike.

The loyalty and promotions platform also provides comprehensive, real-time data analytics for redemption transactions – delivering an unprecedented understanding of customer behaviour patterns and campaign efficacy.

Loyalty Reward Campaigns Produce Massive Budget Waste, Therefore Bound for Disruption

The global accumulated value of unspent loyalty vouchers and points has reached a whopping US$360 billion. Before Mojodomo, even the most successful loyalty marketing campaigns would suffer some “breakage” or financial loss because of unredeemed rewards. A long-accepted industry standard, this marketing waste has cost marketers precious time, resources and budget. Furthermore, the lack of quality data systems perpetuates low redemption rates and makes it difficult for marketers and merchants to evaluate performance or improve future campaigns.

A Paradigm Shift in the Voucher Redemption Process Results in Digital Transformation

Mojodomo turns loyalty marketing into performance marketing. Similar to the pay-per-click metric in digital marketing, marketers pay-upon-redemption using virtual card payments supported by Mastercard. There’s no chance of breakage or waste, because now vouchers are never paid for in advance. While other loyalty martech solutions may facilitate waste reduction, Mojodomo is the only platform where marketers and merchants can achieve zero waste.

Mojodomo has partnered with more than 200 retail merchants, including brands in food and beverage, travel, hospitality and lifestyle, with SME merchants as well. Through Mojodomo’s system, marketers may target and pre-select options for customers or let customers choose their own reward. Similar to how marketers fluidly manage social media accounts, the real-time data lake provided by Mojodomo’s platform allows them to review and optimize campaigns instantly and continuously. Moreover, customers enjoy more personalised reward choices, alongside a seamless experience with both local and overseas merchants.

Mojodomo’s technology is open-loop, credit-based and cross-border. This revolutionary combination of technology is a first in the world and borne in Asia. Independently, digital vouchers, credit-based payments and loyalty marketing platforms are nothing new, but it’s this unique convergence of tech that’s transforming the loyalty industry for good.

More detailed features of Mojodomo are listed below:



1.     Marketers

●     Performance-based: Pay-upon-redemption; Supports instant settlement via virtual card network; Shortened preparation time for any reward campaigns as marketers will not need to print and pre-pay coupon values, achieving zero waste and breakage.

●     Global Merchant Options: Rewards network covers over 70 countries and 900 cities, with various types of merchants to fulfil different customers’ needs.

●     Real-time Data Analytics: Records complete customer journey, including purchasing time, locations and merchants, etc. Through continuous customer engagements, data can be accumulated for marketers to work on big data analysis and strategic optimization for marketing campaigns.

2.     Merchants

●     Exponential Revenue Opportunities: Through Mojodomo, large-scale chain stores or SME merchants can be part of the rewards network of credit cards, insurance and consumer goods companies, to boost sales and explore new customer groups at no cost.

●     Instant & Automated Settlement: Connecting to existing POS systems, voucher settlement can be done instantly. Merchants can also access real-time data to analyse consumer behavior.

3.     Customers

●     No More Paper Vouchers: Eliminates the hassle of redeeming paper vouchers and risk of losing paper vouchers while increasing merchant options for better value. Customers will now be able to select various reward options online to enjoy a seamless redemption experience.

●     Passport for Rewards: Customers can redeem rewards anywhere without any geographical limitation.

A New Era of Customer Engagement with an Innovative Martech/Fintech Hybrid

“Waste and inconvenience have plagued marketers, merchants and customers since the beginning of loyalty marketing. At Mojodomo, we believe that by cross-pollinating technologies, the root problem of voucher waste can be solved. We simply applied familiar technology in a fresh way and ended up transforming a traditional business model. Our clients and partners are astounded by their savings and new campaign ROI levels.” Dennis Shi, founder of Mojodomo said.

Mojodomo’s performance-based loyalty marketing solution has already been widely on-boarded by credit card brands, insurance companies and consumer goods industries, including Hang Seng Bank, Sun Life Hong Kong, Cyberport and more. Apart from Hong Kong, Mojodomo has also recently signed an agreement with Tai Shin Bank in Taiwan. There are plans to expand business to Singapore, and eventually, the entire Asian market to provide more clients with quality loyalty marketing solutions and digital transformation for their loyalty programs.

- Advertisement -

Get in touch


Recent Posts

Most Popular

Brand X Lifestyle Corp – CBIO Meets Initial Revenue Milestones

Vancouver, British Columbia--(Newsfile Corp. - July 10, 2020) - Brand X Lifestyle Corp. (CSE: BXXX) ("Brand X" or the "Company") The...

Pisano Secures $2.5 Million Investment in a Round Led by CEE Fintech Investor Elevator...

  Pisano, a European tech company that enables businesses to listen to the voice of their customers and employees, engage with them in real-time and...

ZhongAn Successfully Priced Inaugural US$600 million 5-year Senior Unsecured Notes Issue

  ZhongAn Online P & C Insurance Co., Ltd. ("ZhongAn Online" or "ZhongAn" or the "Company", HKEx: 6060), a leading online InsureTech company in China,...

Monazita Resources Ltd. Disposes of Common Shares of Aura Minerals Inc.

Road Town, Tortola, British Virgin Islands--(Newsfile Corp. - July 9, 2020) - Monazita Resources Ltd. ("Monazita Resources"), announces that on July 7,...