AHQ allegiance coal limited
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Sept 23 (Reuters) - Allegiance Coal Ltd (AHQ) : RECEIVED...

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    23/09/19
    11:45
    Post #: 40524920

    Sept 23 (Reuters) - Allegiance Coal Ltd (AHQ) :

    • RECEIVED BINDING COMMITMENTS FOR $3.08 MILLION, BEFORE COSTS, PURSUANT TO A PRIVATE PLACEMENT
    • ALSO OFFERING SHAREHOLDERS A SHARE PURCHASE PLAN TO RAISE UP TO A FURTHER $3 MILLION, AT $0.14 PER SHARE
    • PROCEEDS WILL BE APPLIED PRINCIPALLY TO COMPLETE FEASIBILITY STUDY AND FORMAL PURCHASE OF NEW ELK HARD COKING COAL MINE
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