International Coal Group Lists Common Stock on NYSE
21 Novembre 2005 - 2:00PM
PR Newswire (US)
ASHLAND, Ky., Nov. 21 /PRNewswire/ -- International Coal Group,
Inc. today announced that its common stock had been admitted for
trading on the New York Stock Exchange. The Company's ticker symbol
is ICO. Wilbur L. Ross, Jr., ICG's Chairman, said, "We're very
pleased to have listed our stock on the New York Stock Exchange.
This is an important step in our evolution as one of the leading
coal producers in Central and Northern Appalachia." ICG also
announced that it had resumed the use of the name "International
Coal Group, Inc." as its corporate name, and completed the
previously announced acquisitions of Anker Coal Group, Inc. and
CoalQuest Development LLC, for which ICG has reserved 30,950,129
shares of common stock, subject to adjustment. General Information
ICG is a leading producer of coal in Northern and Central
Appalachia and the Illinois Basin. The company has eleven active
mining complexes, of which ten are located in Northern and Central
Appalachia and one in Central Illinois. ICG's mining operations and
reserves are strategically located to serve utility, metallurgical
and industrial customers throughout the Eastern United States. The
foregoing statements in this document which are not statements of
historical fact are forward-looking statements within the "safe
harbor" provision of the Private Securities Litigation Reform Act
of 1995. Because these forward-looking statements are subject to
various risks and uncertainties, actual results may differ
materially from those implied in the forward-looking statements.
The following factors are among those that may cause actual results
to differ materially from the forward-looking statements: market
conditions for coal, electricity and steel; changes in legislation,
regulations and government policies affecting the coal industry and
affecting coal usage and changes in relationships with customers,
transportation, a variety of other operational, geologic,
environmental, permitting, labor, transportation, weather and
market related factors. International Coal does not intend to
update or revise the forward-looking statements in this document.
DATASOURCE: International Coal Group, Inc. CONTACT: Wilbur L. Ross,
Jr., International Coal Group, Chairman, +1-212-826-2111
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