EastCoal Convenes Meeting of Creditors
April 11 2014 - 9:10PM
Marketwired Canada
EastCoal Inc. (NEX BOARD:ECX.H)(AIM:ECX) ("EastCoal" or the "Company") announces
that in connection with its previously announced restructuring proceedings under
the Bankruptcy and Insolvency Act (Canada) the Company filed a proposal to its
creditors (the "Proposal") on April 10, 2014. A meeting of creditors to consider
the Proposal (the "Creditors' Meeting") has been convened for April 22, 2014 at
10:00 am (PDT) at the offices of Deloitte Restructuring Inc., 2800-1055 Dunsmuir
Street, Vancouver, British Columbia.
A copy of the Proposal (together with a notice of the meeting of creditors to
consider the Proposal), the report of Deloitte Restructuring Inc. (the "Proposal
Trustee") on the Proposal and certain related materials were mailed to known
creditors of the Company by the Proposal Trustee, on April 11, 2014. These
documents are available on the website of the Proposal Trustee at
www.deloitte.com/ca/eastcoal.
Inquiries regarding the Proposal or the Creditors' Meeting and related matters
should be directed to the Proposal Trustee (Paul Chambers +1 604 640 3368).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
FOR FURTHER INFORMATION PLEASE CONTACT:
EastCoal Inc.
Abraham Jonker
President
+1 (604) 681-8069
Cenkos Securities plc
Alan Stewart/Derrick Lee
+44 (0) 131 220 6939
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