EastCoal is pleased to announce the closing of its previously announced brokered private placement of 351,900,000 common shares of the Company, primarily with existing and new institutional investors, at a price of C$0.02 per Placing Share and, separate to the Placing, certain directors have subscribed for an aggregate of 33,100,000 common shares [...]
EastCoal announces a brokered private placement of 351,900,000 common shares of the Company, primarily with existing and new institutional investors, at a price of C$0.02 per Placing Share and, separate to the Placing, certain directors have agreed to subscribe for an aggregate of 33,100,000 Common Shares at a price of C$0.02 per Director Share [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/29/13 -- EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") announces its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2013. These are provided in two sections below:
1. Management Discussion and Analysis of East Coal [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/08/13 -- EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") provides clarity on its suspension of trading and announces changes to its Board and management team.
Suspension of trading:
The Board of Directors of the Company (the "Board") has for some time been pursuing [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/12/13 -- EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") is pleased to announce that it has received TSX-V approval for the conversion of the US$4 million Aponet Enterprises Limited debenture into 17,391,305 common shares of EastCoal Inc. effective 12 March 2013 as [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/12/13 -- EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") is pleased to announce that, at the end of February, it restarted its wash plant at the Menzhinsky mine following the completion of engineering improvements and that it expects wash plant production to ramp up over [...]
EastCoal wishes to update shareholders with developments since its late December 2012 admission to AIM. The tip washing plant, which was producing a better quality coal than expected in its initial phases of operation, has experienced disappointing levels of throughput. Tip washing operations have therefore been suspended while engineering [...]
EastCoal, announces that the Company has issued 88,271 common shares as full settlement for CAN$17,095.89 of accrued interest due pursuant to the terms of a CAN$2,000,000 loan provided by Salida Capital, (on behalf of a fund managed by Salida), to the Company. The New Shares are to be issued at a deemed conversion price of £0.1221 pence per common [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/28/12 -- EastCoal Inc. ("EastCoal" or "the Company") (TSX VENTURE: ECX)(AIM: ECX) -
-- Shares commence trading on AIM -- Placing of 67,478,501 common shares of the Company at a price of GBP 0.1221 per Placing Share, together with a concurrent issuance of 10,326,577 common shares of the [...]
Further to a previous news release of December 11, 2012 of EastCoal announcing the application for the admission to the AIM market of the London Stock Exchange of the Company's existing share capital and additional common shares in the capital of the Company to be issued pursuant to a brokered private placement (the "Placing") to be completed [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/20/12 -- Further to a previous news release of December 3, 2012 of EastCoal Inc. (TSX VENTURE: ECX) (the "Company" or "EastCoal") announcing a CDN$2,000,000 loan (the "Salida Loan") received by the Company from Salida Capital LP ("Salida") (on behalf of a fund managed by Salida (the "Fund")), the [...]
Further to a previous news release of October 22, 2012 announcing the intention to apply for admission on the AIM market of the London Stock Exchange, EastCoal is pleased to announce that it has today filed an application for the admission to AIM of the Company's existing share capital and additional common shares in the capital of the Company to [...]