Sherritt Purchases Remaining Interest in Coal Valley Partnership

- July 1st, 2010

Sherritt International Corporation (TSX:S) announced that it has purchased for $45.0 million the 50% interest of the Ontario Teachers’ Pension Plan Board in Coal Valley Partnership, a 50/50 Ontario general partnership between Sherritt and OTPPB.

Sherritt International Corporation (TSX:S) announced that it has purchased for $45.0 million the 50% interest of the Ontario Teachers’ Pension Plan Board in Coal Valley Partnership, a 50/50 Ontario general partnership between Sherritt and OTPPB.

The press release is quoted as saying:

CVP owns 100% of Coal Valley Resources Inc., whose assets include the Coal Valley and Obed Mountain mines.

Click here to access the entire press release

Click here to access Sherritt International Corporate Site

Get the latest Coal Investing stock information

Get the latest information about companies associated with Coal Investing Delivered directly to your inbox.

Coal Investing

Tags

Leave a Reply