Cobalt Coal Corp. (TSX:V CBT)
Basic Shares: 50.4 million
Fully Diluted: 57.6 million
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In support of Cobalt’s very aggressive business plan which includes acquiring more coal properties and getting projects into production as quickly as possible, Cobalt announced that the company has engaged Mike Tymo to advise on future coal acquisitions in the Appalachian region and elsewhere.
Also within this release, Cobalt provides an update on the state of its Westchester mine and the recently announced production deal with Alpha Natural Resources (ANR: NYSE). Dave Lewis, President and CEO of Cobalt Coal acknowledges that the company does not expect any issues putting the mine back into production and is on track to restart mining operations as soon as March 2010.
To read the full release, please click here.
Basic Shares: 50.4 million
Fully Diluted: 57.6 million
--------------------------------
In support of Cobalt’s very aggressive business plan which includes acquiring more coal properties and getting projects into production as quickly as possible, Cobalt announced that the company has engaged Mike Tymo to advise on future coal acquisitions in the Appalachian region and elsewhere.
Also within this release, Cobalt provides an update on the state of its Westchester mine and the recently announced production deal with Alpha Natural Resources (ANR: NYSE). Dave Lewis, President and CEO of Cobalt Coal acknowledges that the company does not expect any issues putting the mine back into production and is on track to restart mining operations as soon as March 2010.
To read the full release, please click here.
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