Update on the Quintana TransactionJuly 24, 2013, the Company announced the TSX Venture Exchange has conditionally accepted Corsa's previously announced proposed transaction with Quintana Kopper Glo Investment, LLC, a portfolio company of Quintana Energy Partners L.P. and its affiliated investment funds (collectively, "Quintana"), which, when the transaction contemplated is fully completed, will result in Corsa having raised a total of US$40 million at Cdn$0.17 a share and acquiring Kopper Glo, a Tennessee based coal producer, from Quintana and Quintana having acquired a control position in Corsa. The Quintana Transaction is expected to close on or about July 31, 2013. See the press release of the Company dated July 24, 2013 and the Filing Statement dated July 24, 2013 filed on SEDAR for full details of the Quintana Transaction, including the closing conditions.
Corsa Files Second Quarter 2013 Financial Results
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