Buffalo Coal Corp. . The Company advises its shareholders of the appointment of Mr Tushar Agrawal as a non-executive director and Chairperson of the board of directors of Buffalo with immediate effect. Mr Agrawal is the ultimate beneficial owner of Belvedere Resources DMCC, the largest shareholder of the Company. Mr Agrawal has a Business [...]
Buffalo Coal Corp. advises that Mr. Craig Wiggill, Director and Chairperson of the board of directors of Buffalo Coal , has elected to resign his positions on the Board pursuant to the Change of Control clause in his contract, effective from August 23, 2022. The Board wishes to thank Mr. Wiggill for his valuable contributions to the Company [...]
Buffalo Coal would like to advise its shareholders of the resignation of Mr. Willie Bezuidenhout as the Chief Financial Officer of the Company, effective from September 18, 2022. The board of directors of Buffalo Coal wishes to thank Willie for his contributions to the Company and wish him every success in his future endeavours. The Board has [...]
Buffalo Coal Corp. announces that, further to the transaction between Resource Capital Fund V L.P. and Belvedere Resources DMCC for the transfer of ownership of RCF V's securities holdings in the Company as previously announced in the press release of the Company dated as of June 15, 2022, that all administrative matters required to give effect to [...]
Buffalo Coal Corp. announces that, further to the transaction between Resource Capital Fund V L.P. and Belvedere Resources DMCC for the transfer of ownership of RCF V's securities holdings in the Company previously announced in the press release of the Company dated as of June 15, 2022, the board of directors of the Company is pleased to confirm [...]
Buffalo Coal Corp. announces, that that on July 4, 2022 the Company received notice from Investec Bank Limited that, on completion of the remaining administrative matters required to give effect to Belvedere Resources DMCC's acquisition of a majority stake in the Company, as announced by the Company on June 15, 2022, that Investec will exercise its [...]
Buffalo Coal Corp. is pleased to announce that, at the Company's annual and special general meeting held on Monday, 13 June 2022 , all resolutions proposed, as set out in the Company's management information circular dated 17 May 2022, were duly passed by the shareholders of the Company . The Company's financial statements for the financial year [...]
Buffalo Coal Corp. announces on June 14, 2022, Belvedere Resources DMCC purchased from Resource Capital Fund V L.P. 347,945,097 Common Shares in the capital of the Issuer. The Acquiror also assumed a US$27 million convertible loan pursuant to a convertible loan agreement between the Seller and the Issuer. The Loan with a maturity date of 30 June [...]
Buffalo Coal announces that the Group has filed a Competent Person's Report titled "Buffalo Coal Dundee Resources and Reserves Technical Report Update National Instrument 43-101" dated April 4, 2022 for the Group's Aviemore Mine's Reserve Statement and Magdalena Colliery's Reserve Statement as at January 1, 2022. The 2022 Technical Report is [...]
Buffalo Coal Corp. announces that on January 18, 2022, Investec Bank Limited agreed to defer the final maturity date of the outstanding capital amount of R46,114,771 as at December 31, 2021 on the Investec Loan owing by Buffalo Coal Dundee Proprietary Limited to February 28, 2022. Investec and the Group further provided undertakings that they would [...]
Buffalo Coal Corp. announces that the Republic of South Africa's Department of Mineral Resources and Energy granted an official Environmental Authorisation to Zinoju Coal Proprietary Limited on the 22nd of July 2021 for the Balgray project . The Environmental Authorisation has been granted in terms of the Environmental Impact Assessment Regulations [...]
Buffalo Coal Corp. announces the grant of an aggregate of 9,250,000 stock options to certain of its directors, officers and key management members. Each stock option allows the holder thereof to acquire one common share of the Company at a price of C$0.02 per share and is exercisable for a period of four years from the date of the grant. 8,350,000 [...]
