Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is a coal development company with approximately 55,000 hectares of coal leases located within the Hinton region of Alberta, Canada. Coalspur's flagship project is Vista, which covers approximately 10,000 hectares and provides a large scale, surface mineable, thermal coal development. Vista is located adjacent to CN Rail's main line, which is suitable for the transport of coal to deepwater ports on Canada's west coast. Coalspur has secured a port allocation agreement with Ridley Terminals Inc., which is essential to the logistics supply chain necessary to export coal from Vista to the growing demand from the Asia Pacific countries.
Coalspur Mines Limited
ASX:CPL ISIN:AU000000CPL4
News
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) announced today that the Alberta Energy Regulator ("AER") has approved Coalspur's Vista coal project. In its decision, the AER panel stated that Vista "will result in a significant socioeconomic net benefit to both the local region and the province".
Coalspur (ASX:CPL) (TSE:CPT) provide the latest Mining Presentation - Investment Proposition in a World Class Opportunity
Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSE:CPT) is pleased to present its quarterly report for the three months ending 31 December 2013.
Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSX:CPT) today announced that it had reached agreement with its major shareholder, Borrowdale Park, for the provision to Coalspur of a standby funding facility of CAD$10 million ("Facility"), subject to the execution of definitive documents.
Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSE:CPT) announced today that the Alberta Energy Regulator ("AER") has closed its hearing relating to Coalspur's applications for the approval of the Vista project.
Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSE:CPT) announced today that it has reached an agreement with Alexis Nakota Sioux Nation ("Alexis") with regard to the development of the Vista project. Alexis, the sole remaining First Nation party granted intervener status by the Alberta Energy Regulator ("AER"), has now withdrawn as an intervener in relation to the Vista project, both in relation to the AER as well as to the Alberta Utilities Commission.
Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSE:CPT) announced today that it has entered into an agreement with Tourmaline Oil Corp. ("Tourmaline"), one of the remaining two parties granted intervener status by the Alberta Energy Regulator ("AER").
Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSE:CPT) announced today that it has entered into separate agreements with each of the Ermineskin Cree Nation ("Ermineskin") and the Whitefish (Goodfish) Lake First Nation, two of the four parties granted intervener status by the Alberta Energy Regulator ("AER"). Ermineskin and Whitefish will now withdraw as interveners in relation to Coalspur's Vista project.
During the nine months ended September 30, 2013 Coalspur Mines Limited (ASX:CPL) (TSE:CPT) finalised its Vista project ("Vista") development plan, secured the majority of development capital to fund Vista, advanced its regulatory applications, continued to build its workforce with key appointments, and finalized clean coal transportation arrangements.
During the quarter ended 30 September 2013 Coalspur advanced its regulatory applications, achieved financial close of the senior secured debt facility and announced the appointments of the Chief Financial Officer and Corporate Secretary.
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