Coalspur (ASX:CPL) Commences Trading On Toronto Stock Exchange Under The Symbol "CPT"
Perth, Oct 28, 2010 AEST (ABN Newswire) - Coalspur Mines Limited (
ASX:CPL) (PINK:CSPZF) is pleased to announce that its ordinary shares have now commenced trading on the main board of the Toronto Stock Exchange ("TSX") under the symbol "CPT".
Managing Director and CEO, Mr. Gene Wusaty, said today "Our TSX listing is expected to generate significant interest in the Company. With our Canadian based projects and Canadian executive team we expect this level of interest to grow as the Company's profile increases in the North American investment community, particularly with the results from the Vista Pre-Feasibility expected to be released shortly."
The Company will maintain its existing listing on the Australian Securities Exchange ("ASX") as its primary listing. Existing shareholders will be able to trade their shares on the TSX, but before doing so, will need to transfer their shares to the relevant share registry and establish an account with an appropriate stockbroker. Further details on such procedures are available on the Company's website at www.coalspur.com or from the Company's share registrar.
For the complete Coalspur announcement including Annual Information Form, please view the following link:
http://www.abnnewswire.net/media/en/docs/64049-ASX-CPL-512100.pdf
About Coalspur Mines Limited
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.
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