Corsa Coal provides an update on the transaction with Quintana Kopper Glo Investment and announces the resignation of a Director. A summary of the Transaction and of related documents is set out in Corsa's material change report dated March 28. In accordance with the requirements of the TSX Venture Exchange, Corsa has submitted for review to the Exchange a Filing Statement in respect of the Transaction
Corsa Coal is pleased to announce that during the second quarter of fiscal 2013, the Company sold 83,000 tons of clean metallurgical coal bringing its year to date sales to 119,000 tons. The Company also sold 10,000 tons of raw metallurgical coal in the first quarter of fiscal 2013. The Company confirms its stated clean metallurgical coal sales guidance for fiscal 2013 of approximately 300,000 to 320,000 tons and first [...]
Corsa announces that it has filed its Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis for the three months ended February 28, 2013 on SEDAR and has posted these documents to its website. References in this press release to "Q1" means the three months ended February 28, 2013 unless otherwise noted.
Corsa is pleased to announce that its common shares will recommence trading on the TSX Venture Exchange at the open on April 11, 2013. The halt was a normal course halt required by the TSXV in connection with Corsa's agreement to acquire Quintana Kopper Glo Investments, LLC announced on March 21, 2013. In addition, the Company announced that it is again increasing its published sales guidance. For fiscal 2013 it is [...]
Corsa is pleased to announce that it has entered into a long term sales arrangement with Hyundai Steel Company to provide its Wilson Creek low volatile coal to Hyundai Steel. This follows the successful test shipments of approximately 40,000 tons of this coal by Hyundai Steel at its operations in Korea. Don Charter, President and CEO stated; "We are delighted to enter into this relationship with Hyundai Steel and look [...]
Corsa announces that it has entered into a binding agreement with Quintana Kopper Glo Investment, LLC which, when the transactions contemplated are fully completed, will result in Corsa having raised a total of US$40 million and acquiring Kopper Glo, a Tennessee based coal producer, from Quintana and Quintana having acquired a control position in Corsa. Quintana Kopper Glo Investments, LLC, a portfolio company of Quintana [...]
Corsa Coal is pleased to announce that a new technical report to satisfy the requirements of NI-43-101 has been prepared and filed on www.sedar.com with respect to the Acosta Deep Project, the Keyser Project and certain surface mines and properties, and is entitled the "Wilson Creek Energy, LLC Technical Report on Coal Resources and Reserves Somerset-Cambria Counties, Pennsylvania, USA, December 1, 2012". This report was [...]