Investment welcome

PERTH-based Wel-come Stranger Mining Company NL has made what it describes as “an excellent strategic investment” in the e-commerce market.

This refers to an option to purchase 40 per cent equity in CommSecure Pty Ltd for $1.5 million.

The company will acquire 5 per cent at a cost of $100,000 and may in 30 days acquire a further 35 per cent for $1.4 million.

CommSecure is an IT systems development company specialising in e-commerce which has designed and developed an online financial engine for internet merchants, internet service providers and other associated organisations – giving them cost-effective, fast, direct and secure links with banks.

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