Radar Acquisitions corporate update

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Tue, Feb 2, 2010
Coal Company News
Post by Researcher , Coal Researcher

Radar Acquisitions Corp. (TSX VENTURE:RAC)provided corporate update on its operations and its Reverse Take-Over transaction previously announced on December 2, 2009.

The press release is quoted as saying:

On November 27, 2009, Radar, through its 49% owned subsidiary RAC Mining LLC (“RAC”), started coal operations on its Alabama mining properties and is pleased to report that, in its first month of operations, RAC sold 5,180 tons of coal. Sales were comprised of 3,804 tons of metallurgical coal and 1,376 tons of steam coal, both of which were sold into the local market under the term of existing off-take agreements.

Click here to access the entire press release

Click here to access Radar Acquisitions Corporate Site

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