Corsa Coal Announces Release of Updated Investor Presentation and Results Of Annual and Special Meeting
Not for Dissemination in the United States or for distribution to U.S. Newswire Services
June 24, 2015 – Toronto, Ontario – Corsa Coal Corp. (TSXV: CSO) (“Corsa” or the “Company”) is pleased to announce that an updated version of the Company’s Investor Presentation is now available on its website at www.corsacoal.com. This Investor Presentation, dated June 23 2015, was presented by Corsa’s management following the formal portion of the Company’s annual and special meeting.
The Company is also pleased to announce that shareholders voted in favour of all items of business brought before them at the Company’s annual and special meeting of shareholders (the “Meeting”) held on June 23, 2015.
At the Meeting, the following nine nominees set forth in the management information circular of Company dated May 25, 2015 were re-appointed as directors of the Company (the “Board”) to hold office until the close of the next annual meeting of the Company’s shareholders: Corbin J. Robertson III, John H. Craig, Alan M. De’Ath, George G. Dethlefsen, Arthur Einav, Michael Harrison, Robert Scott, Daniel D. Smith and Ronald G. Stovash. In addition, KPMG LLP, Chartered Accountants, were appointed as auditors of the Company. Shareholders also approved and ratified the Company’s amended and restated stock option plan, in accordance with the requirements of the policies of the TSX Venture Exchange, and approved a new restricted stock unit plan for Corsa.
Information about Corsa
Corsa is one of the leading suppliers of premium quality metallurgical coal, an essential ingredient in the production of steel, which is necessary for the secular trends in global urbanization. Our core business is supplying metallurgical coal with the highest safety, yield, and strength characteristics to domestic steel producers while being a strategic source of supply in the Atlantic and Pacific basin markets. Corsa also offers high heat content, low delivered cost coal to major utilities and industrial users in the Southeast region of the U.S.
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