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Latest Waratah Coal Inc. Stories

2008-11-04 06:00:29

Waratah Coal Inc (TSX VENTURE: WCI) (Waratah) is pleased to announce a coal exploration target of 205 - 415 Billion tonnes in its Galilee Basin tenements and tenement applications. The exploration target has been declared following a broader tenement study using current and historical data. This data includes exploration drilling from the known resources previously declared by Waratah and others. Additionally it draws on petroleum well logs and reports, petroleum seismic studies and Geology...

2008-10-31 12:00:23

In its Notice of Change to the Directors' Circular to be filed today, the Board of Directors of Waratah Coal Inc. ("Waratah") (TSX VENTURE: WCI) unanimously recommends that shareholders continue to reject the amended and revised offer from Mineralogy Pty Ltd. ("Mineralogy") and not tender their shares to the revised Mineralogy offer. "Mineralogy has not increased its offer price of $1.41 per share, which the Board of Directors, the Special Committee and Waratah's financial advisor, Merrill...

2008-10-30 06:00:40

Waratah Coal (TSX VENTURE: WCI) (Waratah) has been named Queensland Explorer of the Year at the Mining 2008 conference in Brisbane. Waratah CEO and President Peter Lynch and Company Chairman Nick Mather accepted the award last night in Brisbane, from the Deputy Director General of the Queensland Department of Mines and Energy, Stuart Booker. Figure 1: Mr Stuart Booker, Mr Peter Lynch, Mr Stewart McDonald (Mining 2008) & Mr Nick Mather (L to R) To view Figure 1, please visit the...

2008-10-20 12:00:22

In its Directors' Circular filed today, the Board of Directors of Waratah Coal Inc. ("Waratah" or the "Company") (TSX VENTURE: WCI) unanimously recommends that holders of Waratah common shares ("Shares") reject the unsolicited partial offer from Mineralogy Pty Ltd. ("Mineralogy") and not tender their Shares to Mineralogy. In reaching this recommendation and concluding that the Mineralogy partial offer is not in the best interests of Waratah or to shareholders, the Board of Directors...

2008-10-08 00:00:30

Waratah Coal (TSX VENTURE: WCI) (Waratah) announced that they are reviewing the unsolicited offer made October 3, 2008 by Mineralogy Pty Ltd. ("Mineralogy") to acquire 50.1% of the common shares of the Company on a fully diluted basis (when added to the common shares owned by Mineralogy) at a price of $1.41 per common share. The board of directors of the Company has formed a Special Committee comprised of Howard Stack (Chair of the Special Committee), Andrew Wilson and Nicholas Mather, with...

2008-10-03 12:00:17

BRISBANE, AUSTRALIA and VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2008) - Waratah Coal Inc. ("Waratah" or the "Company") (TSX VENTURE:WCI) notes the announcement by Mineralogy Pty Ltd. ("Mineralogy") of Mineralogy's intention to acquire 50.1 percent of the Company's outstanding shares (on a fully diluted basis). The Board of Directors of Waratah considers this to be an opportunistic bid that substantially undervalues the Company. At this point the Board recommends that shareholders...

2008-08-01 18:00:26

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 1, 2008) - Waratah Coal Inc. (TSX VENTURE:WCI) is pleased to announce that it has retained the services of Mr. Michael Joyner to conduct investor relations services for the Company. Mr. Joyner will receive a fee of $115,000 per annum. The term of the contract is 12 months. The Company will also grant an option to Mr. Joyner to purchase 175,000 common shares of the Company at $2.90 per share for a five year period, subject to regulatory...

2008-07-15 09:01:05

BRISBANE, AUSTRALIA--(Marketwire - July 15, 2008) - Waratah Coal Inc (TSX VENTURE:WCI). The Queensland Government today announced support for what is likely to be Australia's largest coal project with a proposed $A5.3 billion mine, rail and port development in Central Queensland. The Company is proposing a thermal coal mine in the Galilee Basin linked by a new 495km rail line to a purpose-built export facility on the Central Queensland Coast. Waratah Coal CEO and President Peter Lynch...


Word of the Day
jument
  • A beast of burden; also, a beast in general.
'Jument' ultimately comes from the Latin 'jugum,' yoke.
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