ann out this morning regarding placement of shares to raise funds
in british columbiato assist with the recomissioning of the basin coal mine ...
6,770,000 @ .25 to raise $1,692,500
resource upgrade progressing, recommissioning study to be completed august (current resource 19M t)
mining and processing re-start within 12 months approved (low-cost open pit mine 250,000t pa with staged expansion to 1M t pa, re-commissioning expected to take 4 months)
interest from potential off-take partners
sp currently up 16% on minimal volume