Proposed Delisting from AIM (2366C)
03 Mars 2011 - 8:01AM
UK Regulatory
TIDMWTN
RNS Number : 2366C
Western Coal Corporation
03 March 2011
Immediate Release
03 March 2011
Western Coal Corp
Proposed Delisting from AIM
Vancouver, BC, March 03, 2011 - Further to the announcement by
Western Coal Corp. (TSX: WTN, WTN.WT and AIM: WTN) (the "Company"
or "Western") of February 7, 2011, a special meeting of Western
shareholders to consider the proposed acquisition of the Company by
Walter Energy, Inc. will be held on March 8, 2011.
Completion of the proposed acquisition is conditional on
approval by Western shareholders at such meeting and by the Supreme
Court of British Columbia and satisfaction of other customary
conditions, including regulatory and stock exchange approvals.
Subject to the satisfaction or waiver of all conditions
precedent, it is currently anticipated that the proposed
acquisition will be completed on April 1, 2011.It is expected that
trading in the common shares of the Company will be suspended on
April 1, 2011 and that that the common shares of the Company will
be delisted from AIM on April 2, 2011.
For further information:
Western Coal Corp. Buchanan Communications Cenkos Securities
Bobby Morse / Katharine Ivonne Cantu / Adrian
David Jan Sutton Hargrave
Head of Investor Relations +44 (0)207 466 5000 +44 207 397 8900
+1 604 694 2891
David.jan@westerncoal.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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