Canada Coal is pleased to announce the receipt of the Ice and Marine Shipping Assessment conducted by Enfotec Technical Services (the "Report"). This Report is now available on Canada Coal`s web page. The focus of the Report was to provide a detailed ice study and analysis of marine accessibility of Ellesmere Island's West Fosheim Peninsula. The [...]
Canada Coal is pleased to announce the confirmation of multiple high quality thermal coal deposits on its arctic coal license areas located in Nunavut. The 2012 exploration program assessed well over 100 coal seams on the Company's Fosheim Peninsula project area resulting in the identification of extensive zones of low-sulphur, low-ash [...]
Canada Coal is pleased to announce that it has now received all of the required permits to commence its 2012 exploration program focused on improving ore body knowledge with a view to discovering significant high grade metallurgical coal deposits in its arctic coal licence areas. These work programs are expected to commence as soon as June 16, 2012 [...]
Pinetree announces that as of February 28, 2012, it held 3,000,000 common shares of Canada Coal and rights to acquire an additional 2,750,000 common shares upon exercise of certain convertible securities. In the event that the Pinetree Convertible Securities are fully exercised, these holdings represent approximately 12.4% of the total issued and [...]
Mr. Pasquale DiCapo announces that, on February 29, 2012, he indirectly acquired beneficial ownership of 2,500,000 common shares of Canada Coal and 2,500,000 common share purchase warrants of Canada Coal. These securities represent approximately 5.75% of the current issued and outstanding common shares of Canada Coal (or approximately 10.88% on a [...]
Mercury Capital and Canada Coal, are pleased to announce that they have completed their previously announced business combination transaction effective as of February 23. The transaction was effected by way of an amalgamation of Mercury and Canada Coal pursuant to an amalgamation agreement dated November 4. The Amalgamation was approved by the [...]
Mercury Capital and Canada Coal, are pleased to announce that they have completed their previously announced business combination transaction effective as of February 23. The transaction was effected by way of an amalgamation of Mercury and Canada Coal pursuant to an amalgamation agreement dated November 4, 2011. The Amalgamation was approved by [...]
Canada Coal announces that on November 4, 2011, Canada Coal completed a brokered private placement of 6,500,000 flow through units at a price of $0.50 per Flow Through Unit and 2,100,000 subscription receipts at a price of $0.50 per Subscription Receipt, for aggregate gross proceeds of $4,300,000.
Mercury Capital is pleased to announce the execution of an agreement, on June 30, 2011, with Canada Coal in respect to a proposed business combination to be effected by way of amalgamation of the parties. It is anticipated that the issuer resulting from the Amalgamation will be known as "Canada Coal Inc." or such other similar name, subject to TSX [...]