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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Continentl Fpo (delisted) | ASX:CCC | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.00 | - |
From Jun 2019 to Jun 2024
LONDON--Continental Coal Ltd. (CCC.AU), a South African thermal coal production, development and exploration company, said Friday the South African Department of Mineral Resources has granted their consent for the transfer of the prospecting right required to start Vaalbank coal exploration project.
MAIN FACTS:
-The exploration project consists of a 50:50 joint exploration program with Forzando Coal, 74% owned by Total Coal South Africa, a subsidiary of international energy company, Total SA (FP.FR).
-Under the terms of the joint exploration program, the Group and Forzando Coal will commence a two phase exploration program comprising of 20 exploration holes upon approval by both companies.
-Continental Coal shares in London at 0915 GMT up 3.61%, at 2 pence valuing the company at 14.2 million pounds.
-Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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