Royal Coal Issues Options
28.04.2011 | Marketwire
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.TORONTO, ONTARIO -- (Marketwire) -- 04/28/11 -- Royal Coal Corp. (TSX VENTURE: RDA)(FRANKFURT: RLC) ('Royal Coal' or the 'Company') announces that it has issued 100,000 stock options under its stock option plan to General Research GmbH in consideration for investor relations advisory services in Europe. Each option entitles the holder to purchase one common share at a price of $0.265 per share until April 28, 2013. The grant of options is subject to the approval of the TSX Venture Exchange.
About Royal Coal
Royal Coal is a coal exploration and production company, headquartered in Toronto, Ontario, Canada with a regional office in Hazard, Kentucky, U.S.A. whose primary business focus is developing producing surface coal mining operations in the Central Appalachian coal producing region of the United States, which includes parts of West Virginia, Virginia, Kentucky, Ohio, and Tennessee.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Royal Coal Corp.
Tom Griffis, Chairman
(416) 861-8775
Royal Coal Corp.
Richard Buzbuzian, Investor Relations
(647) 501-3290