updated company info and valuation , page-9

Well placement completed and everything on target.

Good to see Maquarie Bank come aboard as the second largest holder. They should hold long term as well.

Gone quiet sp wise but volume has decreased on this pull back and there is no props or games in the sp so its a good time to top up imo.

ST target is still 30c imo. Lets see what the gold price does as well.

Cheers

Chris

$10 MILLION PLACEMENT CLOSED
FULLY SUBSCRIBED
Coventry Resources Limited (ASX:CVY and the Company) is very pleased to
advise that it has closed its $10 million placement. This placement has been fully
subscribed. Cygnet Capital Pty Ltd was Lead Manager to the placement.
Following completion of the acquisition of the +1Moz Cameron Lake Gold Project
in Ontario, Canada, the Company has received binding investment commitments
from numerous institutional investors that facilitates the closing of the placement.
In addition the Company welcomes Macquarie Bank Limited (Macquarie) to its
register. Having committed to invest $2.5 million in the Company, Macquarie will
become the Companys second largest shareholder, after Nuinsco Resources
Limited, the vendor of the Cameron Lake Gold Project.