Cobalt Coal Corp. Announces That the Continuous Miner Is Back on Production
5/25/2011 9:00:06 AM - Market Wire
CALGARY, ALBERTA, May 25, 2011 (Marketwire via COMTEX News Network) --
Coal Corp. ("Cobalt" or the "Company") (TSX VENTURE:CBT), announces an
update to the previous press release of May 18, 20011 where a
significant machine malfunctioned at its Westchester Mine. The
continuous miner has now been repaired and recommenced cutting coal on
May 23, 2011.
Cobalt is a publicly traded
coal exploration and production company headquartered in Calgary,
Alberta, Canada with a regional office in Welch, West Virginia USA.
Cobalt was created in August 2007 to capitalize on the growth
opportunities that exist in the modem metallurgical coal mining
The securities of Cobalt being offered have not been,
nor will be, registered under the United States Securities Act of 1933,
as amended, and may not be offered or sold within the United States or
to, or for the account or benefit of, U.S. persons absent U.S.
registration or an applicable exemption from U.S. registration
requirements. This release does not constitute an offer for sale of
securities in the United States.
in this news release may contain forward-looking information. The
reader is cautioned that assumptions used in the preparation of such
information may prove to be incorrect. Events or circumstances may cause
actual results to differ materially from those predicted, a result of
numerous known and unknown risks, uncertainties, and other factors, many
of which are beyond the control of the Company. These risks include,
but are not limited to, the risks associated with the coal mining
industry, commodity prices and exchange rate changes. Industry related
risks could include, but are not limited to, operational risks in
exploration, development and production, delays or changes in plans,
risks associated to the uncertainty of reserve estimates, health and
safety risks and the uncertainty of estimates and projections of
production, costs and expenses. The reader is cautioned not to place
undue reliance on this forward-looking information.
SOURCE: Cobalt Coal Corp.
Coal Corp. Mike Crowder CEO Office: 304-436-2390 email@example.com
Cobalt Coal Corp. Michael Marshall Investor Relations 403-616-8918
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