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Cobalt Coal Proposes Acquisitions of Coal Assets
Feb. 29, 2012 03:11PM PST
Industrial Metals InvestingCobalt Coal Ltd. (TSXV:CCF) announced its proposed acquisition of coal properties in Kentucky and Virginia.
Cobalt Coal Ltd. (TSXV:CCF) announced its proposed acquisition of coal properties in Kentucky and Virginia.
As quoted in the press release:
Pursuant to the Virginia Acquisition, it is proposed Cobalt will purchase the properties for a purchase price of US$1,000,000 payable in cash on the scheduled closing date of April 30, 2012.
Click here for the Cobalt Coal Ltd. (TSXV:CCF) press release.