Announces Updated Vista Technical Report and AIF
Vancouver, April 1, 2014 AEST (ABN Newswire) - Coalspur Mines Limited (
ASX:CPL) (TSE:CPT) is pleased to announce the release of an update to the previously filed technical report relating to its Vista project ("Vista"), together with its Annual Information Form ("AIF") for the year ended December 31, 2013. The requirement to update the technical report arose from the previously announced revised capital expenditure estimates for phases one and two of Vista. The AIF reflects updates on recent Company developments, including certain amendments to the facility agreement with EIG Global Energy Partners and an update on the previously announced Borrowdale Park standby facility of C$10 million, which is expected to be executed imminently. Both the AIF and the technical report are available on the Company's website, www.asx.com.au and www.sedar.com.
To view the Annual Information Form, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-CPL-672756.pdf
About Coalspur Mines Limited
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is a coal development company with approximately 55,000 hectares of coal leases located within the Hinton region of Alberta, Canada. Coalspur's flagship project is Vista, which covers approximately 10,000 hectares and provides a large scale, surface mineable, thermal coal development. Vista is located adjacent to CN Rail's main line, which is suitable for the transport of coal to deepwater ports on Canada's west coast. Coalspur has secured a port allocation agreement with Ridley Terminals Inc., which is essential to the logistics supply chain necessary to export coal from Vista to the growing demand from the Asia Pacific countries.
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