TORONTO, May 04, 2018 -- Buffalo Coal Corp. shareholders are referred to the announcement, dated 20 March 2018, which advised, inter alia, that Buffalo Coal Dundee Proprietary Limited , the Company’s wholly-owned subsidiary, had entered into an amendment to the term loan and revolving credit facility with Investec Bank Limited and that as a further condition to the Amendment, the Company had retained Northcott [...]
TORONTO, March 19, 2018 -- Buffalo Coal Corp. announced today that Buffalo Coal Dundee Proprietary Limited , the Company’s wholly-owned subsidiary, has entered into an amendment to the term loan and revolving credit facility with Investec Bank Limited dated November 17, 2011, as amended from time to time . Pursuant to the Amendment, among other things and subject to customary terms and conditions: the working [...]
Buffalo Coal announced today that it had completed a shares for debt arrangement with one of its creditors, STA Coal Mining Company Proprietary Limited. The Company issued 3,194,097 and 2,965,683 common shares of the Company to STA, at a deemed issuance price of $0.05 per Common Share, in settlement of approximately $159,705 and $148,284 of contract mining fees payable to STA by a subsidiary of the Company in respect of [...]
Buffalo Coal Corp. announced today that it had completed a shares for debt arrangement with one of its creditors, STA Coal Mining Company Proprietary Limited. The Company issued 4,294,203 common shares of the Company to STA, at a deemed issuance price of $0.05 per Common Share, in settlement of approximately $214,710 of contract mining fees payable to STA by a subsidiary of the Company in respect of the quarter ended June [...]
Buffalo Coal announced today that it had completed a shares for debt arrangement with one of its creditors, STA Coal Mining Company Proprietary. The Company issued 4,424,148 common shares of the Company to STA, at a deemed issuance price of $0.05 per Common Share, in settlement of approximately $221,207 of contract mining fees payable to STA by a subsidiary of the Company in respect of the quarter ended March 31, 2017 [...]
Buffalo Coal announced today that it had completed a shares for debt arrangement with one of its creditors, STA Coal Mining Company Proprietary. The Company issued 4,286,908 common shares of the Company to STA, at a deemed issuance price of $0.05 per Common Share, in settlement of approximately $214,345 of contract mining fees payable to STA by a subsidiary of the Company in respect of the quarter ended December 31, 2016 [...]
TORONTO, ONTARIO--(Marketwired - Nov 29, 2016) - Buffalo Coal Corp. (TSX VENTURE:BUF)(JSE:BUC) ("Buffalo" or "the Company") announced today that it has entered into an amendment (the "Amendment") to the convertible loan agreement between Buffalo and Resource Capital Fund V L.P. ("RCF") dated December 2, 2015 ("Convertible Loan Agreement"). RCF has to date advanced US$29 million to the Company (the "Convertible Loan [...]
TORONTO, ONTARIO--(Marketwired - Nov 22, 2016) - Further to the cautionary announcements issued between June and October 2016, the latest of which was dated 11 October 2016, Buffalo Coal (TSX VENTURE:BUF)(JSE:BUC) advises shareholders that the review by Resource Capital Fund V L.P. of its strategic options in respect of its investment in the Company has been terminated. Accordingly, shareholders are hereby advised that [...]
TORONTO, ONTARIO--(Marketwired - Oct 13, 2016) - Buffalo Coal Corp. (TSX VENTURE:BUF)(JSE:BUC) ("Buffalo" or "the Company") announces the appointment of Mr Rowan Karstel as Interim Chief Executive Officer and Mr Graham du Preez as Interim Chief Financial Officer and Corporate Secretary with effect from 17th October 2016. Mr Karstel has a wide range of cross commodity mining experience and has performed at the senior [...]
TORONTO, ONTARIO--(Marketwired - Oct 11, 2016) - Buffalo Coal Corp. (TSX VENTURE:BUF)(JSE:BUC) ("Buffalo" or "the Company") announces that further to the cautionary announcement dated June 2, 2016 and the renewal of cautionary announcements dated July 15, 2016 and August 30, 2016, Resource Capital Fund V L.P.'s review of its strategic options in respect of its investment in the Company is ongoing. Accordingly [...]
TORONTO, ONTARIO--(Marketwired - Aug 30, 2016) - Buffalo Coal Corp. (TSX VENTURE:BUF)(JSE:BUC) ("Buffalo" or "the Company") announces that further to the cautionary announcement dated 2 June 2016 and the renewal of cautionary announcement dated 15 July 2016, Resource Capital Fund V L.P.'s review of its strategic options in respect of its investment in the Company is ongoing. Accordingly, shareholders of the Company are [...]
Buffalo Coal announces the notice of resignation of Mr. Malcolm Campbell as Chief Executive Officer and Ms. Sarah Williams as Chief Financial Officer and Corporate Secretary. Mr. Craig Wiggill, Chairman, commented "We regret that two members of senior management have decided to leave the company, but will ensure that the necessary plans are put in place to effect a smooth transition." Mr. Campbell and Ms. Williams will [...]
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