AQC 0.00% 14.0¢ australian pacific coal limited

News: AQC Australian Pacific Coal Partners With Unit Of Stella Natural Resources

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    Aug 6 (Reuters) - Australian Pacific Coal Ltd (AQC) :

    • ENTERED INTO AGREEMENT WITH SNR MINERALS ASSETS LTD, UNIT OF STELLA NATURAL RESOURCES TO FORM DARTBROOK JOINT VENTURE
    • SNR WILL PAY A$20 MILLION TO AQC FOR A 50% INTEREST IN AQC INVESTMENTS 2 PTY LTD
    • DJV WILL PROVIDE AN A$10 MILLION LOAN TO AQC TO PAY OUT EXISTING ANGLO AMERICAN SECURED LOAN
 
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