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Corsa Coal Announces Executive Transition

Corsa Coal Announces Executive Transition
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FRIEDENS, Pa., June 9, 2021 /CNW/ - Corsa Coal Corp. (TSXV: CSO) (OTCQX: CRSXF) ( Corsa or the Company ), announced today that Peter V. Merritts, as part of his future retirement planning process, has elected to step down as Chief Executive Officer ( CEO ) of the Company and a member of the Board of Directors and be appointed Chief Operating Officer ( COO ) effective June 9, 2021. Mr. Merritts decision is not the result of any dispute or disagreement with the Company or any matter related to the Company s operations, policies, management, or board of directors, but strictly a decision to provide the best opportunity for succession planning of the CEO position and Mr. Merritts future retirement plans. ....

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Corsa Coal announces 1Q21 financial results

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Corsa Coal Corp., a premium quality metallurgical coal producer, has reported its financial results for the 3 months ended 31 March 2021 (1Q21).
1Q21 highlights
Corsa reported net and comprehensive loss of US$4.4 million, or US$(0.05) per share attributable to shareholders, for 1Q21 compared to a loss of US$5.8 million, or US$(0.06) per share attributable to shareholders, for the 3 months ended 31 March 2020 (1Q20).
Corsa’s adjusted EBITDA was US$0.1 million for 1Q21 compared to US$6.4 million for 1Q20. Corsa’s EBITDA was US$0.1 million for 1Q21 compared to US$1.3 million for 1Q20.
Cash production cost per tonne sold was US$79.15 for 1Q21, an increase of US$8.03/t, or 11%, as compared to 1Q20. ....

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Corsa Coal Announces Financial Results for First Quarter 2021

Corsa Coal Announces Financial Results for First Quarter 2021
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Corsa Coal Announces Financial Results for Fourth Quarter and Full Year 2020

Corsa Coal Announces Financial Results for Fourth Quarter and Full Year 2020
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Alpha Appoints Three New Directors, Reaches Agreement with MG Capital on Board Composition

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Alpha Appoints Three New Directors, Reaches Agreement with MG Capital on Board Composition
February 2, 2021 GMT
(PRNewsfoto/Alpha Metallurgical Resources, Inc.)
BRISTOL, Tenn., Feb. 2, 2021 /PRNewswire/ Alpha Metallurgical Resources, Inc. (NYSE: AMR) (“Alpha” or the “Company”), a leading U.S. supplier of metallurgical products for the steel industry, today announced that it has reached agreement with MG Capital Management, Ltd. (together with its affiliates, “MG Capital”), a holder of approximately 5.8% of Alpha’s outstanding common stock, on steps to accelerate the refreshment of the Company’s Board of Directors (the “Board”). ....

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