Acaica Coal sells entire shareholding in Bowen Coking Coal Ltd
On 7 December, Acacia Coal Limited announced that the company has sold its entire shareholding in Bowen Coking Coal Ltd.
The shareholding entirety consisted of 17 391 304 shares, at a price of 1.6 cents per share for total consideration received of AUS$278 261.
This share sale adds to the company’s cash reserves from its recent rights issue, which was completed in October 2018.
Read the article online at: https://www.worldcoal.com/coal/11122018/acaica-coal-sells-entire-shareholding-in-bowen-coking-coal-ltd/
You might also like
Connectivity 2020 is an online conference for professionals in the mining sector focusing on the latest digital technologies for the mining industry. Register for free today »
Peabody has recently announced that Darren Yeates has been named Executive Vice President and Chief Operating Officer effective 1 November 2020.