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CoAL shares rocket on funding deal

Coal company can now bankroll Universal acquisition

Mining Journal
Universal property in SA: gives CoAl critical mass

Universal property in SA: gives CoAl critical mass

Hengshun Zhongsheng has subscribed for 230 million shares and Summer Trees for 115 million at US$0.43 each, said CoAL. The funding deal replaced a planned transaction with Yishun Brightrise of Singapore...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

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