Royal Coal Corp. announces the resignations of Mr. A. Tom Griffis as the President and a director of the Company and Ms. Elia Crespo as a director of the Company effective the date hereof. The Company wishes to thank Mr. Griffis and Ms. Crespo for their valuable contributions to the Company and wishes them every success in their future endeavors [...]
Royal Coal Corp. announces it has closed a non-brokered private placement, through the issuance of 9,900,000 common shares in the capital of the Company at a price of $0.05 per Common Share for gross proceeds of $495,000. In connection with the Offering, the Company paid certain eligible persons a cash commission in the aggregate of $45,500. All [...]
Royal Coal Corp. announces that it has entered into a settlement agreement with Sandstorm Metals & Energy Ltd. and Sandstorm Gold Ltd. 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 in the capital of the Company to [...]
Royal Coal Corp. 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 of the Company at a price of $0.005 per Common Share . All Common Shares issued in connection with the Debt Settlement [...]
Royal Coal Corp. announces that further to its press release of October, 9, 2020, the proposed transaction with Climb Credit Inc. has terminated in accordance with the amalgamation agreement dated October 9, 2020 between the Company and Climb Credit. The Company will continue to seek out further opportunities to enhance shareholder value. For more [...]
Royal Coal Corp. announces that it has filed articles of amendment to effect the consolidation of all of the issued and outstanding common shares of the Company on the basis of one 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 [...]
Royal Coal Corp. and Climb Credit Inc. are pleased to announce the execution of an amalgamation agreement dated October 9, 2020 which, subject to certain conditions and applicable shareholder and regulatory approvals, will result in a reverse takeover of Royal Coal by Climb Credit . The resulting issuer from the Proposed Transaction will carry on [...]
Royal Coal Corp. 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 to revoke cease trade orders issued by each of the above noted Commissions . Continuous Disclosure [...]
Royal Coal Corp. 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 Crespo Director [...]
Royal Coal Corp. 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 [...]
Royal Coal Corp. 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 [...]
Royal Coal Corp. announced that further to its press release of April 28, 2020, the Company wishes to provide an update with respect to: the filing of its audited annual financial statements for the year end December 31, 2019 and the related management discussion and analysis ; and the filing of the interim financial statements and related MD&a [...]