Last A$0.17 AUD
Change Today -0.01 / -5.56%
Volume 619.4K
As of 2:10 AM 04/23/14 All times are local (Market data is delayed by at least 15 minutes).

coalspur mines ltd (CPL) Snapshot

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52 Week High
04/26/13 - A$0.53
52 Week Low
10/11/13 - A$0.17
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Current Stock Chart for COALSPUR MINES LTD (CPL)

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coalspur mines ltd (CPL) Details

Coalspur Mines Limited operates as a thermal coal development company with approximately 55,000 hectares of coal leases located in the Hinton region of Alberta, Canada. Its flagship project is Vista coal project that covers approximately 10,000 hectares and provides thermal coal. The company was formerly known as Xenolith Resources Limited and changed its name to Coalspur Mines Limited in September 2009. Coalspur Mines Limited was incorporated in 1985 and is based in Vancouver, Canada.

29 Employees
Last Reported Date: 03/11/14
Founded in 1985

coalspur mines ltd (CPL) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$720.9K
Chief Financial Officer
Total Annual Compensation: C$135.2K
Chief Operating Officer
Total Annual Compensation: C$405.6K
Vice President, General Counsel and Joint Com...
Total Annual Compensation: C$158.0K
Vice President of Human Resources & Administr...
Total Annual Compensation: C$317.6K
Compensation as of Fiscal Year 2013.

coalspur mines ltd (CPL) Key Developments

Coalspur Mines Provides Update on Debt Facility of CAD 10 Million

Coalspur Mines announced that definitive amendment agreements have been signed giving effect to the stand- by debt facility of CAD 10 million provided by Borrowdale Park S.A. ("Borrowdale Park"), which was previously announced by the company on January 28, 2014. Furthermore, Coalspur has been granted a waiver from ASX Listing Rule 10.1, to the extent necessary to permit Coalspur and its subsidiaries to extend the current security over its assets in favour of Borrowdale Park in relation to the existing CAD 30 million Borrowdale Park loan facility, to the Stand-by Facility without shareholder approval. Under the Waiver: the Security includes a term that if an event of default occurs and Borrowdale Park exercises its rights under the Security, neither Borrowdale Park nor any of its associates can acquire an interest in an asset of Coalspur in full or part satisfaction of the company's obligations under the Stand-by Facility, or otherwise deal with the assets of the company, without the company first complying with any applicable Listing Rules, including Listing Rule 10.1; a summary of the material terms of the Stand-by Facility and Security will be set out in each annual report of Coalspur; any variation to the terms of the Stand-by Facility, which is not a minor change or which is inconsistent with the terms of the Waiver, must be the subject of shareholder approval; and Coalspur must seek to discharge the Security when the funds advanced under the Stand-by Facility are repaid, or if not discharged, seek shareholder approval for the continuation of the Security for any further loan facility amount.

Coalspur Mines Limited(ASX:CPL) dropped from S&P/ASX 300 Index

Coalspur Mines Limited(ASX:CPL) dropped from S&P/ASX 300 Index

Coalspur Mines Limited(ASX:CPL) dropped from S&P/ASX Small Ordinaries Index

Coalspur Mines Limited(ASX:CPL) dropped from S&P/ASX Small Ordinaries Index


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