Buffalo Coal Corp Announces Restructuring of the Investec Term Loan and Revolving Credit Facility ("The Investec Loan")
Toronto, Ontario--(Newsfile Corp. - March 3, 2022) - Buffalo Coal Corp. (TSXV: BUF) ("Buffalo Coal Corp." or "Buffalo" or "the Group" or "the Company") announces that on January 18, 2022, Investec Bank Limited ("Investec") agreed to defer the final maturity date of the outstanding capital amount of R46,114,771 as at December 31, 2021 on the Investec Loan owing by Buffalo Coal Dundee Proprietary Limited ("Buffalo Coal Dundee") to February 28, 2022. Investec and the Group ("the Parties")...
2022-03-03 9:48 AM EST
Buffalo Coal Corp. Announces Granting of Water Use License for the Balgray Project
Toronto, Ontario--(Newsfile Corp. - February 15, 2022) - Buffalo Coal Corp. (TSXV: BUF) announces that the Republic of South Africa's ("South Africa") Department of Water and Sanitation ("DWS") granted an official Water Use License, valid for 15 years, to Zinoju Coal Proprietary Limited ("Zinoju") on the 13th of February 2022 for the Balgray project ("Balgray"). The Water Use License has been granted in terms of the National Water Act (No. 36 of 1998) (the "Act"). Appeals may be lodged...
2022-02-15 9:57 AM EST
Buffalo Coal Corp: Granting of Environmental Authorisation
Toronto, Ontario--(Newsfile Corp. - August 5, 2021) - Buffalo Coal Corp. (TSXV: BUF) ("Buffalo Coal Corp." or "Buffalo" or "the Group" or "the Company") announces that the Republic of South Africa's ("South Africa") Department of Mineral Resources and Energy (the "DMRE") granted an official Environmental Authorisation to Zinoju Coal Proprietary Limited ("Zinoju") on the 22nd of July 2021 for the Balgray project ("Balgray"). The Environmental Authorisation has been granted in terms of the...
2021-08-05 10:37 AM EDT
Buffalo Coal Announces Annual General Meeting Results
Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Buffalo Coal Corp. (TSXV: BUF) ("Buffalo Coal Corp." or "Buffalo" or "the Group" or "the Company") is pleased to announce that, at the Company's annual and special meeting of shareholders held on Monday, 14 June 2021 (the "Meeting"), all resolutions proposed, as set out in the Company's management information circular dated 17 May 2021, were duly passed by the shareholders of the Company (the "Shareholders").The resolutions approved by the...
2021-06-15 11:53 AM EDT
Buffalo Coal: Grant of Stock Options
Toronto, Ontario--(Newsfile Corp. - May 25, 2021) - Buffalo Coal Corp. (TSXV: BUF) announces the grant of an aggregate of 9,250,000 stock options to certain of its directors, officers and key management members. Each stock option allows the holder thereof to acquire one common share of the Company at a price of C$0.02 per share and is exercisable for a period of four (4) years from the date of the grant. 8,350,000 of the stock options granted will be exercisable...
2021-05-25 8:37 AM EDT
Buffalo Coal: Update on Unprotected Strike at Aviemore Mine
Toronto, Ontario--(Newsfile Corp. - April 12, 2021) - Buffalo Coal Corp. (TSXV: BUF) announces that, further to the Company's announcement "Unprotected strike action at Aviemore mine", that production activities resumed at Aviemore mine on April 12, 2021.All employees who participated in the unprotected strike action vacated the Company's premises during the early hours of April 10, 2021 in a safe and orderly manner without incident.Discussions between the Company and recognized trade unions,...
2021-04-12 11:21 AM EDT
Buffalo Coal: Unprotected Strike at Aviemore Mine
Toronto, Ontario--(Newsfile Corp. - April 9, 2021) - Buffalo Coal Corp. (TSXV: BUF) announces that, on April 8, 2021 during the afternoon shift, approximately 130 employees at the Company's Aviemore mine refused to vacate their workstations and commenced with unprotected strike action. Underground employees have refused to return to surface whilst surface employees have refused to vacate the Company's premises unless their demands for immediate salary increases are met.Management's efforts to...
2021-04-09 11:23 AM EDT
Buffalo Coal: Appointment of Independent Non-Executive Director and Audit Committee Chairman
Toronto, Ontario--(Newsfile Corp. - January 20, 2021) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) announces that, further to previous communications around the resignation of Mr. Robert Francis as independent non-executive director and Audit Committee Chairman, the Board of directors of Buffalo Coal ("the Board") is pleased to confirm the appointment of Mr. Rory Taylor as independent non-executive Board member and Audit Committee Chairman, with effect from 22 January 2021.Mr. Taylor, a...
2021-01-20 9:30 AM EST
Buffalo Coal Announces Director Resignation
Toronto, Ontario--(Newsfile Corp. - December 21, 2020) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) ("Buffalo" or "the Company") announces the resignation of Mr. Robert Francis, Independent Non-Executive Director and the Audit Committee Chairman, as he had tendered his resignation to the Company, with the effective date on December 31, 2020. The Company would like to thank Mr. Francis for his valued contribution to the Company and wishes him success in his future endeavours.The Board has...
2020-12-21 9:20 AM EST
Buffalo Coal Corp. Granting of a Mining Right (MR)
Toronto, Ontario--(Newsfile Corp. - September 23, 2020) - Buffalo Coal Corp. (TSXV: BUF)Buffalo Coal is a South African based company with mining operations based in Dundee, KwaZulu-Natal. Buffalo Coal is pleased to announce that on 22 September, 2020, its 70% owned subsidiary, Zinoju Coal (Pty) Ltd. ("Zinoju"), was granted a 30-year mining right (KZN30/5/1/2/2/10083MR) by the Department of Mineral Resource and Energy, covering an area of 1,728.0124 hectares, to mine coal primarily from the...
2020-09-23 10:26 AM EDT
Buffalo Coal confirms positive COVID-19 case at its Aviemore operation
Toronto, Ontario--(Newsfile Corp. - July 17, 2020) - Buffalo Coal Corp. (TSXV: BUF)Buffalo Coal is a South African based company with mining operations in Dundee, KwaZulu Natal. Buffalo Coal confirms that one employee working in an underground section at its Aviemore operation has tested positive for COVID-19. The employee was identified through contact tracing protocols external to the Company. The Company voluntarily suspended its afternoon production shift and initiated contact tracing...
2020-07-17 9:21 AM EDT
Buffalo Coal Confirms Identification of Positive COVID-19 Case Following Screening and Testing at Its Coalfields Operation
Toronto, Ontario--(Newsfile Corp. - July 13, 2020) - Buffalo Coal Corp. (TSXV: BUF).Buffalo Coal is a South African based company with mining operations in Dundee, KwaZulu Natal. Buffalo Coal confirms that one employee working at the processing plant based at its Coalfields site has tested positive for COVID-19. The employee was quarantined and referred to a medical practitioner after presenting flue-like symptoms. The Company received confirmation of the test results on July 11, 2020. A...
2020-07-13 9:13 AM EDT
Buffalo Coal Fourth Update on the Impact of COVID-19
Toronto, Ontario--(Newsfile Corp. - May 5, 2020) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) ("Buffalo Coal" or "the Company").Buffalo Coal is a South African based company, with its head office based in Centurion, Gauteng, and its mining operations based in Dundee, KwaZulu Natal. Further to Buffalo Coal's previous COVID-19-related announcements, namely: 1) 21-day National Lockdown to be implemented in the Republic of South Africa, 2) Permission granted to recommence mining activities at 30%...
2020-05-05 11:42 AM EDT
Buffalo Coal Corp: National Lockdown to Be Extended in the Republic of South Africa ("South Africa")
Toronto, Ontario--(Newsfile Corp. - April 14, 2020) - Buffalo Coal Corp. ("Buffalo Coal" or "the Company").Buffalo Coal is a South African based company, with its head office based in Centurion, Gauteng, and its mining operations based in Dundee, KwaZulu Natal. Further to Buffalo Coal's previous COVID-19 related announcements, the Company hereby informs all stakeholders that South Africa's President, Mr Cyril Ramaphosa, has extended the initial national 21-day lockdown ("the National...
2020-04-14 11:11 AM EDT
Buffalo Coal: Permission Granted to Recommence Mining Activities at 30% of Operating Capacity
Toronto, Ontario--(Newsfile Corp. - April 9, 2020) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) ("Buffalo Coal" or "the Company"). Buffalo Coal is a South African based company, with its head office based in Centurion, Gauteng, and its mining operations based in Dundee, KwaZulu Natal. Further to Buffalo Coal's announcement titled "21-day national lockdown to be implemented in the Republic of South Africa ("South Africa")", published on Tuesday, March 24, 2020, the Company hereby informs all...
2020-04-09 12:04 PM EDT
Buffalo Coal Announces Appointment of Chief Executive Officer
Toronto, Ontario--(Newsfile Corp. - April 6, 2020) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) ("Buffalo Coal" or "the Company"). The board of directors of Buffalo Coal ("the Board") is pleased to announce the appointment of Emma Oosthuizen as the new chief executive officer ("CEO") of Buffalo Coal. Emma had been serving the Company in her position as interim CEO since February 11, 2019 following the resignation of the previous CEO.Emma joined Buffalo Coal in March 2018 as VP: Finance...
2020-04-06 9:42 AM EDT
21-Day National Lockdown to Be Implemented in the Republic of South Africa ("South Africa")
Toronto, Ontario--(Newsfile Corp. - March 24, 2020) - Buffalo Coal Corp. ("Buffalo Coal" or "the Company"). Buffalo Coal is a South African based company, with its head office based in Centurion, Gauteng, and its mining operations based in Dundee, KwaZulu Natal. Further to Buffalo Coal's announcement "Company's position on COVID-19", published on Wednesday, 18 March 2020, the Company hereby informs all stakeholders that South Africa's President, Mr Cyril Ramaphosa, has imposed a national...
2020-03-24 8:30 AM EDT
Buffalo Coal's Position on COVID-19
Toronto, Ontario--(Newsfile Corp. - March 18, 2020) - Buffalo Coal Corp. ("Buffalo Coal" or "the Company"). Buffalo Coal is a South Africa based company, with its head office based in Centurion, Gauteng, and its mining operations based in Dundee, KwaZulu Natal. South Africa reported its first positive case of COVID-19 on March 5, 2020. As at March 18, 2020 a total of 116 confirmed cases have been reported. On March 15, 2020, South Africa's President, Mr Cyril Ramaphosa, declared a...
2020-03-18 9:35 AM EDT
Buffalo Coal Corp: Appointment of Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - February 28, 2020) - Further to previous communications around the selection of a successor to the Company's Interim Chief Financial Officer ("Interim CFO"), the board of directors of Buffalo Coal ("the Board") is pleased to announce the appointment of Mr Willie Bezuidenhout as Chief Financial Officer ("CFO"), with effect from 9 March 2020.Mr Bezuidenhout, a South African, is a chartered accountant and seasoned finance executive with a track record of...
2020-02-28 9:35 AM EST
Buffalo Coal, Resignation of Interim Chief Financial Officer
Toronto, Ontario--(Newsfile Corp. - February 19, 2020) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) ("Buffalo Coal" or "the Company") announces the resignation of Mr. Graham du Preez as Interim Chief Financial Officer and is leaving the Company to pursue other endeavours. The Company would like to thank Mr. du Preez for his service and wishes him all the best in the futureThe board of directors of Buffalo Coal ("the Board") is finalizing the process of identifying and...
2020-02-19 10:27 AM EST