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Pitchblack completes sale of Division Mountain coal project

Published by
World Coal,

Pitchblack Resources Ltd. has completed the previously announced sale of its Division Mountain coal project in consideration for a cash payment of US$100 000.

The sale of the Division Mountain coal project is the result of the company's strategic review of its assets, strengths and go-forward plan. As Pitchblack has not conducted any exploration work at the Division Mountain project in the past few years, it had written off the entire value of the property.

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