Acaica Coal sells entire shareholding in Bowen Coking Coal Ltd
Published by Stephanie Roker,
Editor
World Coal,
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
Mastermyne awards GM3 new Dendrobium mining services contract
Mastermyne Group Ltd has announced the execution of a new mining services contract with GM3 for its Dendrobium underground coal mine in New South Wales.