Royal Coal Announces Indefinite Delay in Filing Its 2011 Annual Financial Statements
19.04.2012 | Marketwire
TORONTO, 04/19/12 - Royal Coal Corp. ("Royal Coal" or the "Company") (TSX VENTURE: RDA) (FRANKFURT: RLC), announces that the filing of its annual financial statements for the year ended December 31, 2011, accompanying management's discussion and analysis, related CEO and CFO certifications and annual information form (collectively, the "2011 Annual Filings") will not be filed within the time period prescribed by applicable securities legislation and such filing will be delayed indefinitely. The indefinite delay in filing the 2011 Annual Filings will occur as a result of the Company's current inability to fund the operation of its business, including the costs of completing the 2011 Annual Filings.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