Western Coal Announces Resignation of Board Member
VANCOUVER, Sept. 23 /CNW/ - Western Coal Corp. (TSX: WTN, WTN.WT and AIM: WTN) ("Company" or "Western") announced today that Julian Treger has resigned from the Company's Board of Directors (the "Board"), effective September 30, 2010.
Mr. Treger, Managing Director of the UK-based hedge fund manager Audley Capital Advisors LLP, has been a Board member since December 2007. Mr. Treger has been instrumental in the development of the Company over the past three years, culminating in the emergence of Western as a sustainable mid-tier coal producer with a new leadership team and an exciting growth strategy.
David Beatty, Chairman of the Board, added, "We thank Julian for his support and contributions to the Company and wish him the best in his future endeavors."
The Board is well advanced in filling the vacancy created by Mr. Treger's resignation and expects to be in a position to announce his replacement in the coming weeks.
About Western Coal
Western Coal is a producer of high quality metallurgical coal from three mines in northeast British Columbia (Canada), high quality metallurgical coal and compliant thermal coal from four mines located in West Virginia (USA), and high quality anthracite and metallurgical coal in South Wales (UK). Other interests owned include a 24% interest in Mandalay Resources Corporation (MND: TSX), 40% interest in Xtract Energy (XTR: AIM), and a 20% interest in NEMI Northern Energy & Mining (NNE.A: TSX). The Company is headquartered in Vancouver, BC, Canada, and trades on the AIM and TSX stock exchanges under the symbol "WTN". More information can be found at www.westerncoal.com
For further information: Western Coal Corp.: David Jan, Head of Investor Relations, +1 604 694 2891, [email protected]; Buchanan Communications: Bobby Morse, Katharine Sutton, +44 (0)207 466 5000, [email protected]; Cenkos Securities: Ivonne Cantu, Adrian Hargrave, +44 207 397 8900
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