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Microcap & Penny Stocks : CCK.v a shell ready for lift-off

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From: jiggydo11/20/2017 9:51:49 AM
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Addition Information

Secured a fixed price EPC (engineering, procurement and construction) contract with SNC-Lavalin for the construction of Valleyfield;Obtained a letter of intent with a leading integrated agricultural organization for up to 25% of the annual production of SOP to serve Eastern Canada;Signed an off-take and funding arrangement with Jones-Hamilton Co., a leading U.S.-based chemicals company, whereby Jones-Hamilton will fund the hydrochloric acid equipment for Valleyfield and exclusively sell 100% of the hydrochloric acid production from Valleyfield for 10 years;Signed a five-year contract with a major North American chemical company for 100% of Valleyfield's sulphuric acid requirements;Engaged Montreal-based Novopro Projects Inc. to act as lead Owner's Engineer to advance the project through final engineering and construction completion.On behalf of the Board of Directors

“R. Bruce Duncan”

President and Chief Executive Officer
Phone: 1-604-685-6375
Website: www.canadacoal.com
E-mail: info@canadacoal.com

“Neither 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.”

FORWARD LOOKING STATEMENTS:This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).


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