Articles Tagged "corsa coal corp."

Corsa Coal to Purchase Met Coal Producer PBS Coals for $60 Milllion

Coal – Corsa Coal Corp. (TSXV:CSO) has entered into an agreement with Lybica Holding B.V., a 100 percent owned subsidiary of OAO Severstal (LSE:SVST), among others, in order to acquire all of the issued and outstanding shares of Lybica’s wholly-owned subsidiary, PBS Coals Limited through an all-cash transaction for consideration of US$60 million, subject to customary adjustments for working capital and debt.