Coalspur Mines Limited (TSX:CPT,ASX:CPL) announced it has agreed withRidley Terminals on a port allocation for exports of thermal coal.

As quoted in the press release:

The agreement has a 14-year term that commences in January 2015 and includes an option to extend the term for an additional seven years.

Click here to read the Coalspur Mines Limited (TSX:CPT) press release.