May 15, 2013The Agreement With Village Main Reef Is The First Of...

May 15, 2013
The Agreement With Village Main Reef Is The First Of Many Deals in That Continental Coal Has In The Pipeline
By Sally White
Continental Coal has now made the quantum leap that it has been working on for months. In an A$8 million private placing with JSE-listed diversified precious metals mining group Village Main Reef (VMR) Continental’s management has given shareholders a concrete reassurance that it can commercialise its vast portfolio despite the difficult conditions in capital markets.

Penumbra
As finance director Jason Brewer says, Continental needs to show shareholders that “the company is moving forward, operationally and at the corporate level”.
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