Western Coal Announces Amendment to Potential Class Action Lawsuit

VANCOUVER, June 3 /PRNewswire-FirstCall/ - Western Coal Corp (TSX: WTN, WTN.WT and AIM: WTN) ("Company" or "Western") announces it has received notice that the proposed class action served in November, 2009 and referenced in its November 23, 2009 news release may be amended. The plaintiff has advised Western that he intends to claim that Western, some of its current and former directors and other parties caused Western to enter transactions between April 26, 2007 and July 13, 2009 that were oppressive. The plaintiff has not indicated any intention to claim additional damages from Western or any other parties. Western continues to believe that the proposed allegations are without merit and intends to vigorously defend them as well as the plaintiff's attempt to obtain court approval to proceed with the action.

About Western Coal

Western Coal is a producer of high quality metallurgical coal from mines in northeast British Columbia (Canada) and high quality metallurgical coal and compliant thermal coal from mines located in West Virginia (USA). Western Coal also owns approximately 55% of Energybuild Group Plc (EBG: AIM) which produces high quality anthracite and metallurgical coal in South Wales (UK). Other interests owned include a 48% interest in Mandalay Resources Corporation (TSX.V: MND), 38% interest in Xtract Energy (XTR: AIM), 20% interest in NEMI Northern Energy & Mining (NNE.A: TSX). The Company is headquartered in Vancouver, BC, Canada, and trades on the AIM and TSX stock exchanges under the symbol "WTN". More information can be found at www.westerncoal.com

SOURCE Western Coal Corp.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED