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Coal Stocks 2015

Coal Stocks 2015

Coal stocks have lost plenty of ground this year, and most analysts and market watchers say a material recovery is a few years out. Still it’s worth keeping an eye on junior coal stocks and what they’ve been up to in 2015.

Colonial Coal to Option 10 Percent of Flatbed Project

Colonial Coal International (TSXV:CAD) recently entered into a letter agreement with an investor group regarding terms and conditions for the investor group to complete a private placement. Upon completion of the private placement, the investor group will have the option to acquire a 10 percent interest in Colonial’s flatbed property.

Colonial Coal Set to Acquire Tuya Energy Inc.

Colonial Coal International Corp. (TSXV:CAD) reported an arrangement agreement whereby Colonial will acquire all of the issued and outstanding common shares of Tuya Energy Inc. through an amalgamation between Tuya and a wholly-owned subsidiary of Colonial. Tuya Energy is a private company whose principal property is the Tuya River Coalfield

Colonial Coal Receives 26 New Coal Licenses

Colonial Coal International Corp. (TSXV:CAD) announced that the British Columbia Ministry of Energy and Mines has issued 26 new coal licenses for its Huguenot and Flatbed and properties. The ministry is currently conducting a review of Colonial Coal’s application for a work permit which would allow the company to conduct

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Colonial Coal International Entered Into Letter of Agreement for Private Placement and Flatbed Property Interest Acquisition