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Royal Coal Announces Convertible Debenture Financing

Marketwire | June 17, 2011 | 2:59 pm Energy Coal 

Royal Coal Corp. ("Royal Coal") (TSX VENTURE:RDA)(FRANKFURT:RLC) announces that it has agreed to a term sheet for a private placement financing (the "Offering") of CAD 10,000,000 of secured convertible debentures. Under the terms of the Offering, Royal Coal will issue to...

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