Thelon Enters LOI to Acquire Private Producing Coal Company

- February 24th, 2011

Thelon Capital Ltd. (CVE:THC) reports that it has entered into an option to purchase a 100% interest in a Private Tennessee Mining Company.

Thelon Capital Ltd. (TSXV:THC) reports that it has entered into an option to purchase a 100% interest in a Private Tennessee Mining Company.

The press release is quoted as saying:

The company is a 30 year old privately held Mining Company currently producing 50,000 tons of Coal a month from 3 permitted mines, with a fourth permit in place and planned to start producing shortly. They currently are supplying local industrial and utility markets, with plans to take advantage of the growing USA export market

Click here to access the entire news release.

Click here to access Thelon Capital’s company profile.

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