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New appointment at Corsa Coal

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World Coal,

Corsa Coal Corp. has appointed Kenneth J. Lund as its General Counsel and Vice President, Administration, effective 5 September 2017.

Lund has over 25 years of experience in the mining and metals industry, with an established track record of success in managing international and domestic commercial transactions, litigation, insurance and surety placement, corporate governance, M&A, as well as management of safety, legal and human resources.

Previously, he was General Counsel and Vice President, Commercial of the Americas region of the DRA Group, a multinational engineering project delivery and asset management group operating across major global finance markets. Prior to the DRA Group, Mr. Lund served as General Counsel and then President of Taggart Global, LLC (prior to its acquisition by the DRA Group), and before that was a partner with K&L Gates LLP, where he played a leading role with the International Engineering and Construction Practice Group.


George Dethlefsen, Corsa's Chief Executive Officer commented: "We are thrilled to add Ken to our team as we manage the company's rapid growth. He brings tremendous talent, expertise, and coal industry knowledge to the team."


In connection with Lund's appointment, the company's Board of Directors has authorised a grant of stock options to Lund to purchase a total of 70 000 common shares of the company. The options are to be (i) granted as of 5 September 2017, (ii) exercisable for five years at a price of CAN$1.58 per common share, being the closing price of Corsa's common shares on the TSX Venture Exchange (TSXV) on 1 September 2017, and (iii) subject to the terms and conditions of Corsa's Second Amended and Restated Stock Option Plan and the approval of the TSXV.

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