Canada Coal Terminates Discussions With Honu Due to Contract Breach
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Canada Coal has terminated discussions with Honu Inc. due to a breach by Honu Inc. of the exclusivity provisions contained in the letter of intent signed by the parties.
Canada Coal has served notice of this breach.
The company is actively pursuing other merger candidates in the market.
About Canada Coal
Canada Coal Inc. holds 58 active licenses and 1,769,539 acres on Ellesmere Island with 9 additional applications pending.
To stop by Canada Coal’s website, CLICK HERE
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