EastCoal is pleased to report that further to its news release dated May 4, 2020, the Company issued an aggregate of 7,577,531 common shares in the capital of the Company at a deemed price of $0.0675 per Share to settle a total of $511,483.42 in outstanding debt owed to two creditors. The Transactions were completed following approval from [...]
EastCoal Inc. is pleased to report that it has reached agreements with certain creditors to issue an aggregate of 7,577,531 common shares in the capital of the Company at a deemed price of $0.0675 per Share to settle a total of $511,483.42 in outstanding debt . The Transactions are each considered to be a "related party transaction" as defined [...]
EastCoal Inc. announces that further to its January 27th press release the letter of intent with American Mining Group has now expired. The parties have agreed to remain in contact in the event that the capital markets open up for a transaction of this nature. EastCoal will be requesting that the TSX Venture Exchange lift the current trading halt [...]
EastCoal Inc. is pleased to announce that it has entered into a letter of intent dated January 27, 2020 with American Mining Group, LLC and Bluff Mountain Development LLC . Pursuant to the LOI, the Company will, subject to certain conditions, complete a transaction to purchase 100% of the LLC membership interests of AMG and certain land from Bluff [...]
VANCOUVER, BC / ACCESSWIRE / November 27, 2017 / EastCoal Inc. is pleased to announce the results of its Annual General Meeting of Shareholders held on Friday, November 24, 2017 in Vancouver, British Columbia. All of the resolutions presented at the meeting were approved by the shareholders, with the votes cast by proxy representing 7.76% of the [...]
VANCOUVER, BC / ACCESSWIRE / October 27, 2017 / EastCoal Inc. (TSXV:ECX-H) (the "Company") is pleased to announce that it has now closed its previously announced non-brokered private placement, originally announced on September 19, 2017, with a further update announced on October 18, 2017. The Company has received subscription agreements to the [...]
VANCOUVER, BC / ACCESSWIRE / October 18, 2017 / EastCoal Inc. (TSX-V: ECX.H) (the "Company") announces that it expects the closing of its previously announced non-brokered private placement to take place no later than Friday, October 27, 2017. The terms of the non-brokered private placement and the use of funds announced on September 19, 2017 [...]
VANCOUVER, BC / ACCESSWIRE / September 19, 2017 / EastCoal Inc. (TSXV: ECX.H) (the "Company") announces a non-brokered private placement of up to 4,400,000 of its issued and outstanding common shares (the "Common Shares") at 5.5 cents per share for gross proceeds of CAD242,000. The proceeds of the placing will be used to settle creditors and [...]
VANCOUVER, BC / ACCESSWIRE / August 11, 2017 / EastCoal Inc. (TSX NEX: ECX) (the "Company") is pleased to announce that, having obtained the necessary approval from the TSX NEX, a consolidation of the Company's common shares (the "Common Shares") is being completed on a twenty (20) to one (1) basis, such that one (1) new Common Share would be [...]
EastCoal announces that it has been unable to complete the proposed Maritime Iron transaction as outlined in our earlier announcements which would have been a change of business and as a result, the Company applied to NEX and the TSX-V to lift the halt and they have advised that soon after the dissemination of this news release that they would be [...]
EastCoal announces that further to its announcement dated September 16, 2015, it has to date been unable to complete the required funding for its intended investment in Maritime Iron Inc. However, the Company remains in discussions with all related parties as well as potential investors in an attempt to finalise a transaction. The Company will [...]
VANCOUVER, BC / ACCESSWIRE / September 16, 2015 / EastCoal Inc. (NEX: ECX.H) ("EastCoal" or the "Company") announces that it intends to complete a non-brokered private placement financing for aggregate gross proceeds of up to $3.38 million (the "Offering") and complete a change of business from resource issuer to investment issuer (the "COB [...]