trending Market Intelligence /marketintelligence/en/news-insights/trending/LYJikeNl9lgw3xit4vnBBQ2 content esgSubNav
In This List

Pitchblack selling Division Mountain coal project in Yukon for C$100,000

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Podcast

Energy Evolution | Looking ahead to the energy transition in 2023

Video

Path to Net-Zero: How are mining companies tracking?

Blog

The Big Picture for 2023: Will Economies See Relief from Knock-on Effects of Russia-Ukraine Conflict?


Pitchblack selling Division Mountain coal project in Yukon for C$100,000

Pitchblack Resources Ltd. said Aug. 8 that it agreed to sell its Division Mountain coal project in Canada's Yukon Territory for C$100,000 to an undisclosed buyer as part of the company's strategic review of its assets.

Pitchblack has written off the value of Division Mountain as it has not conducted any exploration work at the site in the past few years.

The buyer will assume all property maintenance payments and obligations and will indemnify the company against any environmental or reclamation obligation and liabilities.

The transaction is subject to the approval of the TSX Venture Exchange's NEX board and is scheduled to close Aug. 18.