AHQ allegiance coal limited
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News: AHQ Allegiance Coal Announces Termination Of A Coal Sale Agreement

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    03/11/22
    12:25
    Post #: 64567450

    Nov 3 (Reuters) - Allegiance Coal Ltd (AHQ) :

    • TERMINATION OF COAL SALE AGREEMENT WITH LEGACY ASIAN CUSTOME
    • CUSTOMER SOUGHT TO TERMINATE CONTRACT AND CLAIM DAMAGES OR LOSS OF PROFIT AGAINST NEW ELK COAL COMPANY
    • SALE CONTRACT BETWEEN NEW ELK COAL COMPANY AND BUYER HAD TWO REMANING 80KT CARGOS FOR DELIVERY
    • NECC ACCEPTED CONTRACT AS TERMINATED BUT DENIES ANY LIABILITY TO CUSTOMER
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