TORONTO,
April 3, 2013 /PRNewswire/ - Corsa
Coal Corp. (TSXV: CSO) ("Corsa" or the "Company") is pleased to
announce that it has entered into a long term sales arrangement
with Hyundai Steel Company to provide its Wilson Creek low volatile coal to Hyundai
Steel. This follows the successful test shipments of
approximately 40,000 tons of this coal by Hyundai Steel at its
operations in Korea.
Don Charter,
President and CEO stated; "We are delighted to enter into this
relationship with Hyundai Steel and look forward to a long term
relationship. Once again this demonstrates the quality of the
Wilson Creek low vol coal we
produce and the importance of this coal in the domestic and
international market. This is another step in establishing Corsa as
a reliable provider of quality low vol met coal."
A Hyundai Steel spokesperson stated "At Hyundai
we are delighted with the quality of the Wilson Creek low vol coal and see this
contract as a first step in establishing a long term relationship
with Corsa."
Information about Corsa
Corsa's main operating subsidiaries are Wilson
Creek Energy LLC and Maryland Energy Resources LLC based in
Somerset County,
Pennsylvania. Its primary business is the mining,
processing and selling of metallurgical coal, as well as actively
exploring, acquiring and
developing resource properties consistent
with its coal business.
The TSX Venture Exchange has neither
approved nor disapproved the contents of this press release.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
SOURCE Corsa Coal Corp.