CANONSBURG, PA, Aug. 8, 2018 /CNW/ - Corsa Coal Corp. (TSXV: CSO)
("Corsa" or the "Company") is pleased to announce the results of
its annual and special meeting of shareholders held earlier today
(the "Meeting").
At the Meeting, the following eight nominees were re-appointed
as directors of the Company (the "Board") to hold office until the
close of the next annual meeting of the Company's shareholders:
Robert C. Sturdivant, John H. Craig, Alan M.
De'Ath, George G. Dethlefsen,
Arthur Einav, Robert Scott, Ronald G.
Stovash and Kai Xia. In
addition, Urish Popeck & Co.,
LLC, Certified Public Accountants, were appointed as auditors of
the Company and shareholders re-approved and ratified the Company's
existing second amended and restated stock option plan, in
accordance with the requirements of the policies of the TSX Venture
Exchange and passed a special resolution authorizing an amendment
to the articles of continuance of the Company to allow the
directors of the Company to appoint one or more directors up to a
maximum of one third of the number directors elected at the
previous annual meeting of shareholders to hold office for a term
expiring not later than the close of the next annual meeting of
shareholders. The amendment to the Company's articles of
continuance was filed and made effective immediately following the
adjournment of the Meeting.
Additional details surrounding these items of business of the
Meeting are available in the Company's management information
circular dated June 26, 2018
available under the Company's profile at www.sedar.com.
Information about Corsa
Corsa is a coal mining company focused on the production and
sales of metallurgical coal, an essential ingredient in the
production of steel. Our core business is producing and selling
premium quality metallurgical coal to domestic and international
steel producers in the Atlantic and Pacific basin markets.
Qualified Person
All scientific and technical information contained in this news
release has been reviewed and approved by Peter V. Merritts, Professional Engineer and the
Company's President - NAPP Division,
who is a qualified person within the meaning of National Instrument
43-101 - Standards of Disclosure for Mineral Projects.
The TSX Venture Exchange has in no way passed on the
merits of this news release. Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Corsa Coal Corp.
