July 26, 2018
CST Canada Coal Limited (CST Coal) is pleased to announce that the sale of Grande Cache Coal’s Assets to CST Coal has been completed. CST Coal is now the owner and permit holder of the previous Grande Cache Coal mine property and will proceed with mining of the No. 8 Mine Surface Operation in July 2018 with the first coal shipment scheduled for September 2018. CST Coal continues to hire employees and build a workforce of over 100 people. Please see www.cstcoal.ca for updates and employment opportunities.
CST Coal is committed to progressing with surface mining with safety as a top priority. CST Coal would like to extend a thank you to Deloitte Restructuring Inc. for their diligent management during the care and maintenance period. Furthermore, CST Coal would like to give thanks to all of you again for your ongoing support including the Grande Cache Town Council as well as our local communities especially AWN and MNA. We look forward to a successful future in the Grande Cache area.
July 19, 2018
AN UPDATE FROM CST CANADA COAL LIMITED
CST Canada Coal Limited (CST Coal) is pleased to announce that the Alberta Energy Regulator (AER) has approved the transfer of all licences, permits, approvals and dispositions from Grande Cache Coal Corporation and Grande Cache Coal Limited Partnership (collectively, GCC) to CST Coal. CST Coal is now the permit holder of the former GCC mine property. Further, CST Coal has been given authorization from the AER to resume operations at the No. 8 Mine Surface Operation and Coal Processing Plant. CST Coal currently has a workforce of over 90 employees that will commence mining in the surface pit imminently with coal processing operations to follow in the coming weeks.
We want to extend a sincere thank you to all of you for your continued support as the mine resumes operations. We are committed to safe and responsible mining in the Grande Cache area.
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