"Kuro Coal Limited (“Kuro” or the “Company”) is pleased to announce that following First Nations and community consultation, the Company has received four coal licences in the Peace River Coalfield, British Columbia, Canada.
Commenting on the granting of the coal licences, Atrum Coal Executive Director and Kuro Coal Non-Executive Director Mr Gino D’Anna stated:
The four granted coal licences total 5,239 hectares and are located in the coking coal rich area of Peace River. Licences were granted following consultation with local First Nations bands."
"Kuro is satisfied with its due diligence investigations on the Elan Coking Coal Project in which it has agreed to acquire 70% through a farm in arrangement. The Company is currently finalising the joint venture documentation with the Elan vendors and once executed, the IPO will proceed."
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"Kuro Coal Limited (“Kuro” or the “Company”) is pleased to...
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