July 27, 2009 Continental Coal Limited announce that the company’s South African subsidiary Continental Coal Limited (“CCL”) has reached an important milestone in its path to production by way of securing logistics support, rail and Richards bay port allocation through local company Ulwazi Coal. The allocation is initially for up to 150,000 tonnes per month in line with the Company's production ramp up and Continental and Ulwazi are currently completing final logistics and engineering plans over the coming weeks. The initial logistics will focus on the recently acquired Chelmsford project which will target 50,000 tonnes per month (export) moving to 100,000 per month Q1 2010.
July 14, 2009 Continental Capital announced that its South African subsidiary Continental Coal Limited has entered into an agreement to acquire a 100% interest in the Chelmsford Coal Asset located in South Africa.
