Agreed,new ann out, its 34 pages, heres the first.26 October...

Agreed,

new ann out, its 34 pages, heres the first.

26 October 2010
The Manager
Company Announcements
Australian Securities Exchange Limited
Level 6, 20 Bridge Street
Sydney NSW 2000
By e-lodgement
COMPLETES TRANCHE 1 EQUITY RAISING
Emerging mid-tier Southern African focussed coal producer Continental Coal Limited (ASX:
CCC) ("Continental" or the ?Company?) is pleased to announce that further to its
announcement of 19 October 2010 it has completed the first tranche of the A$30 million equity
raising with the allotment today of shares to institutional investors in Europe and South East Asia
and investors in Australia.
Please see the attached Appendix 3B and Cleansing Prospectus.
The funds will immediately be used by the Company towards settlement by its South African
subsidiary Continental Coal Limited (?CCL?), of the acquisition of unlisted South African
thermal coal mining and export coal producing company Mashala Resources and the
development of the Company?s third coal mine, the Penumbra Underground Project.
Ends.
Yours faithfully
Peter Landau