Tag Archive | "Coal Market News"

Homeland Energy Completes $29 Million Debt Financing

Wednesday, September 29, 2010

Homeland Energy Group Limited (TSE:HEG) announced that it has completed a debt financing of US$29 Million provided by GMR Energy.

North American Gem Inc. Closes First Tranche of Private Placement

Wednesday, September 22, 2010

North American Gem Inc. (CVE:NAG) reports its closure to the first Tranche of private placement. A total of 9,901,078 units were issued as non-flow-through units consisting of one common share and one non-transferable share purchase warrant. For complete news release, click here. For North American Gem’s corporate profile, click here.

Royal Coal Corp. Announces Sale of Notes

Friday, September 10, 2010

Royal Coal Corp. (CVE:RDA) announced that it has exercised its right to issue additional notes pursuant to the terms of a note purchase agreement dated September 30, 2009 among the Company, Juno Special Situations Corporation, as agent and the noteholders from time to time party thereto.

Teck Announces Pricing of US$700 Million of Notes

Thursday, September 9, 2010

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced that it has priced its previously announced offering of senior unsecured notes.

CanAm Coal Corp. Announces Closing of Convertible Debenture Offering

Thursday, September 9, 2010

CanAm Coal Corp. (CVE:COE) announced the closings of the second and third tranches of an aggregate of $535,000 of its unsecured convertible redeemable debentures.

Novadx Enters Into Option Agreement to Acquire Mineral Rights to a Historical Estimated 172 Million Ton

Thursday, September 9, 2010

Novadx (PINK:NDXFF) announced that its wholly owned subsidiary, MCoal Corporation has entered into an option agreement dated August 12, 2010, to acquire a mineral deed from The Miami Land Company, of Chattanooga, Tennessee.

Teck Announces Cash Tender Offer for Up to US$1 Billion Aggregate Principal Amount of 2019 Notes

Thursday, September 9, 2010

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced that it has commenced an offer to purchase for cash up to an aggregate of US$1 billion principal amount of its outstanding 10.750% senior secured notes due 2019.

American Power Corp. Update on Development of Pace Coal Property, Montana

Tuesday, September 7, 2010

American Power Corp. (OTC: TGMP) provided additional information on its Pace Coal Project in Judith Basin County, Montana.

Walter Energy Modifies Full-Year 2010 Coking Coal Sales Expectations

Friday, September 3, 2010

Walter Energy (NYSE: WLT), a leading U.S. producer and exporter of premium hard coking coal for the global steel industry, announced that it is modifying its full-year 2010 coking coal sales expectations.

New Oriental Energy & Chemical Corp. Responds to NASDAQ Request for Plan to Achieve Minimum Shareholder Equity Requirement

Thursday, September 2, 2010

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a China-based specialty chemical and emerging coal-based alternative fuel manufacturer, reported that on Friday, August 27, 2010, the Company outlined in a letter to the NASDAQ Stock Market the steps it is undertaking to achieve compliance with NASDAQ's minimum shareholder equity requirement of $2,500,000.

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