Royal Coal low sulphur thermal coal, is pleased to announce that it has reached an agreement with Novadx Ventures Corp. ('Novadx') - (TSX VENTURE: NDX) and the Ikerd Group of Companies ('Ikerd') pursuant to which Royal Coal will mine and sell the coal at certain leases (the 'Leases') held by Novadx and Ikerd in Kentucky, USA on a contract basis [...]
Royal Coal low sulphur thermal coal, is pleased to announce that it has secured coal sales contracts for 234,000 tons to be delivered over a 12 month period commencing January 2012. These contracts provide for the delivery of run-of-mine coal at an average sales price of US$85/ton with delivery at mine site. 'These contracts are very attractive and [...]
Royal Coal is pleased to announce that it has amended the coal purchase agreement and bridge loan with Sandstorm Metals & Energy. This agreement is contingent upon Royal Coal raising $5 million by means of an equity financing. Under the terms of the coal purchase agreement announced on November 26, 2010, Sandstorm is entitled to purchase 18% of the [...]
Royal Coal low sulphur thermal coal, today announced the release of financial and operating results for the three and nine months ended September 30, 2011, together with its Management's Discussion and Analysis ('MD&A') for the corresponding period. These documents are posted on SEDAR and on the Company's website.
