Corsa Coal Appoints Kenneth J. Lund as General Counsel and Vice President, Administration

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Corsa Coal Appoints Kenneth J. Lund as General Counsel and Vice President, Administration

Canada NewsWire

CANONSBURG, PA, Sept. 5, 2017 /CNW/ - Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") is pleased to announce the appointment of Kenneth J. Lund as its General Counsel and Vice President, Administration, effective September 5, 2017.

Mr. Lund has over 25 years of experience in the mining and metals industry, with an established track record of success in managing international and domestic commercial transactions, litigation, insurance and surety placement, corporate governance, M&A, as well as management of safety, legal, and human resources. Previously, he was General Counsel and Vice President, Commercial of the Americas region of the DRA Group, a multinational engineering project delivery and asset management group operating across major global finance markets. Prior to the DRA Group, Mr. Lund served as General Counsel and then President of Taggart Global, LLC (prior to its acquisition by the DRA Group), and before that was a partner with K&L Gates LLP, where he played a leading role with the International Engineering and Construction Practice Group.

George Dethlefsen, Corsa's Chief Executive Officer commented, "We are thrilled to add Ken to our team as we manage the company's rapid growth. He brings tremendous talent, expertise, and coal industry knowledge to the team."

In connection with Mr. Lund's appointment, the Company's Board of Directors has authorized a grant of stock options to Mr. Lund to purchase a total of 70,000 common shares of the Company. The options are to be (i) granted as of September 5, 2017, (ii) exercisable for five years at a price of C$1.58 per common share, being the closing price of Corsa's common shares on the TSX Venture Exchange ("TSXV") on September 1, 2017, and (iii) subject to the terms and conditions of Corsa's Second Amended and Restated Stock Option Plan and the approval of the TSXV. Such options are to vest one-third on the first anniversary of the date of grant, one-third on the second anniversary of the date of grant and one-third on the third anniversary of the date of grant.

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 metallurgical coal to domestic and international steel producers in the Atlantic and Pacific basin markets. Corsa also offers high heat content, low delivered cost coal to major utilities and industrial users in the Southeast region of the U.S.

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.

View original content: http://www.newswire.ca/en/releases/archive/September2017/05/c3304.html

Copyright CNW Group 2017

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).