TORONTO, Dec. 15, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") will host its Analyst Day on Tuesday, December 16, 2014. During the Analyst Day presentation, senior management will provide more detail on Corsa's operational base, certain cost improvement initiatives, and the ongoing integration of PBS Coals. An updated Investor Presentation for the Analyst Day has been published to the Company's [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/ TORONTO, Dec. 3, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa") announces that the Board of Directors of Corsa granted stock options to purchase a total of 23,445,000 common shares of Corsa to certain directors, officers and employees. The grant represents approximately 2.0% of total common shares outstanding. Six of Corsa's [...]
Highlights Completed the acquisition of PBS Coals Limited ("PBS") on August 19, 2014. Revenues of $45,150,000 for the three months ended September 30, 2014 ("Third Quarter 2014") includes PBS from August 19 to September 30, 2014. Metallurgical coal sales of 263,000 tons and thermal coal sales of 247,000 tons in Third Quarter 2014. Sales guidance for metallurgical coal of 300,000 to 320,000 tons for the three months [...]
TORONTO, Oct. 14, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") is pleased to announce that a technical report prepared by Cardno MM&A ("Cardno") in accordance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") has been prepared and filed on www.sedar.com under Corsa's profile in respect of the Company's properties located in and around [...]
TORONTO, Aug. 29, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") wishes to announce a correction to the exercise price of the stock options granted to certain employees of PBS and the Company that was announced on August 20, 2014 ("August 20 Press Release"). Under the Company's amended and restated stock option plan, in the event that stock options are granted by the Company on a date during a [...]
TORONTO, Aug. 27, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") reports financial results for the three and six months ended June 30, 2014. The Company has filed its unaudited Condensed Interim Consolidated Financial statements for the three and six months ended June 30, 2014 and 2013 and related Management's Discussion and Analysis on www.sedar.com and has posted these documents to its website [...]
Sprott Resource today announced that Corsa Coal has completed its previously announced acquisition of PBS Coals Limited, a wholly-owned subsidiary of OAO Severstal, in an all-cash transaction for consideration of US$60 million, subject to customary adjustments for working capital and debt. As part of the Transaction, SRC invested US$33.4 million to purchase 236,963,302 Corsa shares, at a price of C$0.15 per share [...]
Not for Dissemination in the United States or for distribution to U.S. Newswire Services TORONTO, Aug. 20, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") is pleased to announce that yesterday it completed the previously announced transaction for the acquisition of PBS Coals Limited, a wholly-owned subsidiary of OAO Severstal, in an all-cash transaction for consideration of US$60 million, subject to [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/ TORONTO, July 22, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the "TSXV") of Corsa's proposed acquisition of PBS Coals Limited pursuant to its agreement with, inter alia, Lybica Holding B.V., a wholly-owned [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/ TORONTO, July 16, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") announces that trading in the Company's common shares will resume at market open today. The trading halt was imposed by the TSX Venture Exchange (the "TSXV") pending confirmation of certain information of PBS Coals Limited ("PBS") in connection [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/ TORONTO, July 15, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") announces that it has entered into an agreement (the "Agreement") with Lybica Holding B.V. ("Lybica"), a wholly-owned subsidiary of OAO Severstal, among others, to acquire all of the issued and outstanding shares of Lybica's wholly-owned [...]
/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/ TORONTO, May 28, 2014 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") is pleased to announce that an updated version of the Company's Investor Presentation is now available on its website at www.corsacoal.com. This Investor Presentation, dated May 2014, was presented by Corsa's management following the formal portion [...]