Royal Coal Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - September 13, 2022) - Royal Coal Corp. (the "Company") announces that it has entered into a settlement agreement (the "Settlement Agreement") with Sandstorm Metals & Energy (US) Ltd. and Sandstorm Gold Ltd. (collectively, "Sandstorm") to settle all outstanding debt owed by the Company to Sandstorm. In connection with the Settlement Agreement, the Company has issued an aggregate of 5,900,000 common shares (the "Common Shares") in the capital of the Company...
2022-09-13 5:00 PM EDT
Royal Coal Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - May 19, 2021) - Royal Coal Corp. (the "Company") announces that it has it has agreed to settle an aggregate of $300,000 of indebtedness owed to certain arm's length and non-arm's length creditors through the issuance of an aggregate of 59,999,998 common shares ("Common Shares") of the Company at a price of $0.005 per Common Share (the "Debt Settlement"). All Common Shares issued in connection with the Debt Settlement are subject to a statutory...
2021-05-19 5:30 PM EDT
Royal Coal Announces Termination of Proposed Transaction with Climb Credit
Toronto, Ontario--(Newsfile Corp. - March 31, 2021) - Royal Coal Corp. (the "Company") announces that further to its press release of October, 9, 2020, the proposed transaction with Climb Credit Inc. ("Climb Credit") has terminated in accordance with the amalgamation agreement dated October 9, 2020 (the "Amalgamation Agreement") between the Company and Climb Credit. The Company will continue to seek out further opportunities to enhance shareholder value.For more information, please contact:...
2021-03-31 6:30 PM EDT
Royal Coal Announces Consolidation
Toronto, Ontario--(Newsfile Corp. - October 27, 2020) - Royal Coal Corp. (the "Company") announces that it has filed articles of amendment to effect the consolidation (the "Consolidation") of all of the issued and outstanding common shares ("Common Shares") of the Company on the basis of one (1) post-Consolidation Common Share for 515.481342 pre-Consolidation Common Shares, resulting in its previously outstanding 256,740,671 Common Shares of the Company being consolidated into approximately...
2020-10-27 7:29 PM EDT
Royal Coal Enters into Amalgamation Agreement with Climb Credit
Toronto, Ontario--(Newsfile Corp. - October 9, 2020) - Royal Coal Corp. ("Royal Coal") and Climb Credit Inc. ("Climb Credit") are pleased to announce the execution of an amalgamation agreement dated October 9, 2020 (the "Amalgamation Agreement") which, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of Royal Coal by Climb Credit (the "Proposed Transaction"). The resulting issuer from the Proposed Transaction (the "Resulting...
2020-10-09 3:54 PM EDT
Royal Coal Announces Revocation of Cease Trade Orders
Toronto, Ontario--(Newsfile Corp. - July 27, 2020) - Royal Coal Corp. (the "Company") is pleased to announce that it has been successful in its respective applications to each of the Ontario Securities Commission, Manitoba Securities Commission, Alberta Securities Commission and British Columbia Securities Commission (collectively, the "Commissions") to revoke cease trade orders issued by each of the above noted Commissions (the "Cease Trade Orders"). Continuous Disclosure FilingsThe Cease...
2020-07-27 6:01 PM EDT
Royal Coal Announces Appointment of Corporate Secretary
Toronto, Ontario--(Newsfile Corp. - June 29, 2020) - Royal Coal Corp. (the "Company") announces that, Ms. Elia Crespo has resigned as the Corporate Secretary of the Company effective the date hereof. Ms. Crespo remains a director of the Company. In addition, the Company is pleased to announce that Ms. Carly Burk has been appointed as Corporate Secretary. For more information, please contact: Elia CrespoDirectorTel: (416) 867-9087 ext 2321Email: elia@griffis.ca This news release may contain...
2020-06-29 3:24 PM EDT
Royal Coal Announces Appointment of Director
Toronto, Ontario--(Newsfile Corp. - June 24, 2020) - Royal Coal Corp. (the "Company") is pleased to announce that Mr. Michael Campbell has been appointed to as a director of the Company effective June 15, 2020. Mr. Campbell is a solution-oriented executive and legal advisor. His specialties include corporate finance, M&A, operations, corporate development and business strategy. Since 2007 at Griffis Capital, Mike has been involved in the management of early stage companies. Prior to joining...
2020-06-24 5:22 PM EDT
Royal Coal Announces Filing of Annual and Interim Financial Statements
Toronto, Ontario--(Newsfile Corp. - June 16, 2020) - Royal Coal Corp. (TSXV: RDA) (the "Company") is pleased to announce that, further to its press release of June 1, 2020, the Company has filed its audited annual financial statements for the year ended December 31, 2019, the interim financial statements for the interim period ended March 31, 2020, and the related management discussion and analysis'. The filings can be accessed under the Company's profile at www.sedar.com. For more...
2020-06-16 9:51 AM EDT
Royal Coal Announces Delay to Annual Financial Statements and Interim Financial Statements Caused by COVID-19
Toronto, Ontario--(Newsfile Corp. - June 1, 2020) - Royal Coal Corp. (the "Company") announced that further to its press release of April 28, 2020, the Company wishes to provide an update with respect to: (i) the filing of its audited annual financial statements for the year end December 31, 2019 and the related management discussion and analysis ("MD&A"); and (ii) the filing of the interim financial statements and related MD&A with respect to the interim period ended March 31, 2020....
2020-06-01 11:09 AM EDT
Royal Coal Announces Delay to Filing Annual Financial Statements Caused by COVID-19
Toronto, Ontario--(Newsfile Corp. - April 28, 2020) - Royal Coal Corp. (the "Company") intends to participate in the blanket relief program announced on March 18, 2020 (the "Blanket Order") by the Canadian Securities Administrators (the "CSA") extending deadlines to file financial statements and Management Discussion and Analysis ("MD&A") the Company confirms that is relying on the relief therein in respect of its audited annual 2019 financial statements and MD&A, which it expects to file by...
2020-04-28 4:48 PM EDT