Articles Tagged "Coal Company News"

Tuya Obtains Final Approval for Arrangement with Colonial Coal International

Colonial Coal International Corp. (TSXV:CAD) and Tuya Energy Inc. announced that Tuya has obtained a final order of approval from the Supreme Court of BC for the arrangement that will see Colonial acquire all of the issued and outstanding common shares of Tuya. This announcement follows the approval the companies received from shareholders at meetings held on March 19, 2015.

Colonial Coal and Tuya Energy Shareholders Approve Arrangement

Colonial Coal International Corp. (TSXV:CAD) reported that shareholders of the company, as well as shareholders of Tuya Energy Inc., approved the plan of arrangement whereby Colonial will acquire all of the issued and outstanding common shares of Tuya. Each Tuya shareholder will receive 0.5 of a common share of Colonial for each Tuya Share held. Subject to receipt of all approvals, the transaction is expected to close on or about March 31, 2015.