Prophecy Coal Corp. (CVE:PCY,OTC:PRPCF,FRA:1P2) announced it has signed 92,000 tonnes of coal sale agreements with Mongolia and Russia.
Prophecy Coal Corp. (TSXV:PCY,OTC:PRPCF,FRA:1P2) announced it has signed 92,000 tonnes of coal sale agreements with Mongolia and Russia.
The press release is quoted as saying:
The remaining four coal purchasers are two local Mongolian companies and two Mongolian government power plants, committing to buy a minimum of 70,000 tonnes to be delivered in 2011.
Click here to read the entire news release.