AHQ allegiance coal limited
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News: AHQ Allegiance Coal Says Global Energy And Resources Acquires Strategic Stake

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    12/04/21
    11:10
    Post #: 52398428

    April 12 (Reuters) - Allegiance Coal Ltd (AHQ) :

    • GLOBAL ENERGY AND RESOURCES LTD ACQUIRES STRATEGIC STAKE
    • GLOBAL ENERGY AND RESOURCES TO INVEST A$15 MLM IN ALLEGIANCE VIA PRIVATE PLACEMENT
    • ANNOUNCES A $15.5M PLACEMENT AT $0.09 PER SHARE
    • GEAR AGREES TO PROVIDE FUNDING US$27M TO UNIT NEW ELK COAL FOR RECONSTRUCTION OF 27 MILE RAIL SPUR FROM BNSF'S MAIN RAIL LINE TO MINE
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