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BRIEF-Altitude Resources says Kuro Coal to acquire 100% interest in Elan Coal Project
September 6, 2017 / 7:39 PM / 15 days ago

BRIEF-Altitude Resources says Kuro Coal to acquire 100% interest in Elan Coal Project

Sept 6 (Reuters) - Altitude Resources Inc:

* Kuro Coal to acquire 100% interest in Elan Coal Project

* Deal for ‍CDN $6.75 million in a combination of cash and shares​

* Under SSD, vendors have agreed to an initial exclusivity period expiring on 30 September 2017​

* ‍Kuro Coal Ltd, Kuro Coal Canada, have entered into share sale deed under which Kuro Coal Canada will purchase 100% of Elan Coal

* ‍Kuro Coal Ltd will list on ASX, TSX-V or an alternative international exchange through an initial public offering in next 6 months​ Source text for Eikon: Further company coverage:

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