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Last updated on April 24, 2014 at 21:24 EDT

Latest Western Coal Corp. Stories

2011-04-01 13:07:00

Walter Energy Announces Final Pro-Ration Results TAMPA, FL, April 1 /PRNewswire-FirstCall/ - Walter Energy, Inc. (NYSE: WLT) ("Walter") is pleased to announce the completion of the acquisition of Western Coal Corp (TSX: WTN, WTN.WT and AIM: WTN) ("Western") by Walter by way of a court-approved plan of arrangement. "This is an exciting time for shareholders and other stakeholders of both companies. The combined company has an unrivaled growth profile in the industry, which ensures...

2011-03-24 16:31:00

VANCOUVER, March 24 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN, WTN.WT) and (AIM: WTN) ("Western") and Walter Energy, Inc. (NYSE: WLT) ("Walter") are pleased to announce that the Minister of Industry, under the Investment Canada Act, has approved the proposed acquisition of Western by Walter upon determination that the transaction is of net benefit to Canada.  Completion of the arrangement remains conditional on satisfaction of other customary conditions. Subject to the...

2011-03-10 16:56:00

VANCOUVER, March 10 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN) (TSX: WTN.WT) (AIM: WTN) (the "Company" or "Western") and Walter Energy, Inc. (NYSE: WLT) ("Walter") are pleased to announce that the Supreme Court of British Columbia has issued a final order approving the proposed plan of arrangement involving the acquisition of Western by Walter.   Completion of the arrangement remains conditional on satisfaction of other customary conditions, including receipt of...

2011-03-08 10:30:00

Western Announces Preliminary Results of Arrangement Consideration Elections VANCOUVER, March 8 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN), (TSX: WTN.WT) and (AIM: WTN) (the "Company" or "Western") and Walter Energy, Inc. (NYSE: WLT) ("Walter") announced today that Western's shareholders have overwhelmingly voted in favour of the proposed acquisition of Western by Walter.  The proposed transaction was approved by approximately 99.86% of the votes cast by all...

2011-02-08 16:01:00

VANCOUVER, Feb. 8 /PRNewswire-FirstCall/ - Western Coal Corp.  (TSX: WTN, WTN.WT and AIM: WTN) (the "Company" or "Western") announces that it expects to release its fiscal Q3 2011 results (for the quarter ending December 31, 2010) on Thursday February 10, 2011, after market trading hours in Canada and before the market opens in London on Friday February 11, 2011. The Company's senior management will host a conference call and webcast on Friday February 11, 2011 at 8:00am...

2011-02-07 08:00:00

VANCOUVER, Feb. 7 /PRNewswire/ - Western Coal Corp. (TSX: WTN, WTN.WT and AIM: WTN) (the "Company" or "Western") announces that it has signed an amended terminal services agreement (the "Agreement") with Ridley Terminals Inc.  Amendments engendered by the Agreement will further support Western's growth plans to expand production levels in its Canadian operations. The majority of Western's high quality metallurgical coal from Canada is exported to meet growing demand from steel...

2011-02-07 02:00:00

VANCOUVER, Feb. 7 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN, WTN.WT and AIM: WTN) (the "Company" or "Western") announces that it has posted on the Company's website (www.westerncoal.com/walter_energy_news) and on SEDAR (www.sedar.com) the management information circular relating to the proposed acquisition of Western by Walter Energy (as previously announced on December 3, 2010). The notice of meeting and management information circular is in the process of being mailed...

2010-12-02 05:00:00

VANCOUVER, Dec. 2 /PRNewswire/ - Western Coal Corp. (TSX: WTN, WTN.WT and AIM: WTN) ("Western") today announced that it has extended its exclusivity agreement with Walter Energy, Inc. (NYSE: WLT) ("Walter"). Under the terms of the agreement, which was announced November 18, 2010, both companies are working exclusively with each other toward the negotiation of a definitive agreement to give effect to Walter's proposal for a potential business combination. About Western Coal...

2010-11-18 02:28:00

Western Also Announces Sale of Shares by Audley to Walter VANCOUVER, Nov. 18 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN, WTN.WT and AIM: WTN) (the "Company" or "Western") announced today that it has entered into an exclusivity agreement with, and received a proposal regarding a strategic business combination (the "Combination") from Walter Energy, Inc. (NYSE: WLT) ("Walter"), a leading US producer and exporter of hard coking coal for the global steel industry. If...

2010-11-10 22:20:00

VANCOUVER, Nov. 10 /PRNewswire-FirstCall/ - Western Coal Corp. (TSX: WTN & WTN.WT and AIM: WTN) announced today that its net income for the fiscal second quarter ended September 30, 2010 was $40.8 million, up 18-fold from $2.2 million a year earlier. Basic earnings per share were $0.15, up 15-fold from $0.01. Revenue was $220.4 million, up 105% from $107.6 million. "Our record production in the second quarter demonstrated strong growth and that our strategy and delivery plan is working",...