Coalspur Mines Ltd.

Coalspur Mines is pleased to announce that its largest shareholder, the Highland Park Group has elected to exercise its option to purchase an additional 12,724,669 ordinary shares in the Company at an exercise price of A$0.70 per share through its affiliate Borrowdale Park S.A. The exercise of the options followed the announcement of the commitment [...]

Coal Off-Take / Marketing Discussions to Complete Funding, Expected to be Finalised in Early 2013Highlights:Commitment received from EIG Global Energy Partners to provide a US$300 million senior debt facilityAdvanced discussions underway with a number of trading parties to provide remaining required fundingFinancing arrangements will fully fund [...]

Coalspur Mines is pleased to announce that it has entered into a Commitment Letter with EIG Global Energy Partners ('EIG') to provide Coalspur a US$300 million senior secured debt facility (the 'Facility'). Proceeds from the Facility will fund the majority of the development capital required to achieve first production at the Vista Coal Project [...]

Coalspur Mines is pleased to announce that it has agreed on binding key terms for the definitive commercial transportation agreement with the Canadian National Railway Company. The Key Terms agreed with CN for Coalspur's Vista Coal Project now complete the logistics costs for Vista. Coalspur and CN have agreed on an innovative seven year commercial [...]

Coalspur and CN enter binding legal agreement outlining key terms for a definitive commercial agreement for our coal supply chain partnership Terms agreed include rates, term and escalation Final terms agreed with CN produce logistics savings at full capacity (12.0 Mtpa) compared with the Vista Feasibility StudyTotal logistics costs, which comprise [...]

Coalspur Mines advises that it will adopt December 31 as its financial year end commencing on December, 31 2012. The purpose of the change in financial year is to align the Company's financial year end with that of its Canadian subsidiary as it develops the Vista Coal Project. As a consequence the Company will prepare Financial Statements and an [...]

Coalspur is a coal exploration and development company with approximately 55,000 hectares of coal leases located within the Hinton region of Alberta, Canada. Coalspur’s flagship coal project is the Vista Coal Project which has the potential to be the largest export thermal coal mine in Canada. Vista covers approximately 10,000 hectares and provides [...]

Coalspur are pleased to provide the Company's condensed interim consolidated financial statements and MD&A for the three months ended September 30. The following Management's Discussion and Analysis should be read in conjunction with the Condensed Interim Consolidated Financial Statements for the three months ended September 30, which are [...]

PERTH, Western Australia, Oct. 31, 2012 /CNW/ - Coalspur Mines Limited ("Coalspur" or "Company") (ASX: CPL, TSX: CPT) is pleased to present its quarterly report for the three months ending 30 September 2012.Highlights:The Company completed a scoping study on Vista Extension which confirmed the potential for an economic and technically feasible [...]

Highlights:Development capital to achieve first production in 2015 reduced to C$527 million (C$343 million lower than the Vista Feasibility Study)Potential further reduction of up to C$82 million by leasing/contracting mobile equipment, taking development capital to approximately C$445 millionTotal net funding to achieve full 12.0 Mtpa production [...]