Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that it has successfully completed its previously announced private placement of 6,000,000 ordinary shares at C$1.85 each to raise a further C$11.1 million, before costs.
International coal producer Kangaroo Resources Limited (ASX:KRL) is pleased to announce the appointment of four experienced coal executives to its Board as non-executive Directors following completion of its landmark transaction with PT Bayan Resources TbK (JAK:BYAN).
International coal producer Kangaroo Resources Limited (ASX:KRL) is aiming to join the ranks of the leading coal producers after having received final shareholder approval to complete its previously announced $277 million acquisition of the Pakar Coal Project from the leading Indonesian coal conglomerate PT Bayan Resources Tbk (JAK:BYAN).
Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce a Coal Resource upgrade of 87.2 million tonnes on Vista. This increases the Company's total Coal Resource to 1.46 billion tonnes.
Asian Activities Report for June 10, 2011 includes: Integra Mining Limited's (ASX:IGR) Randalls Gold Project in Western Australia achieved record monthly gold production in May; Hastings Rare Metals Limited (ASX:HAS) has commenced a drilling program at the Hastings Rare Metal and Rare Earth Project in Western Australia; WPG Resources Limited (ASX:WPG) and Evergreen Energy Inc. (NYSE:EEE) have signed joint venture agreements to develop and produce K-Fuel(R) throughout Australia; Golden Rim Resources Limited (ASX:GMR) has commenced the second phase of gold-copper drilling on its Balogo Project in Burkina Faso.
Pan Asia Corporation Ltd (ASX:PZC) holds a 75% interest in the TCM project and commissioned KOPEX (WAR:KPX) to undertake an Independent Study on all key aspects. Based on the outcomes from the Study, the indications are that the original target, with production of at least 1.5 million saleable tonnes per annum over a 15 year period (following initial construction), is considered achievable.
Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that it has further expanded its coal lease position with the acquisition of an additional 1,200 hectares of Crown Coal Leases. The acquisition increases the Company's land position to 33,271 hectares.
