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16
Sep
2016
Allegiance makes a play for Canadian firmBy:Creamer Media Senior Deputy Editor: Australasia COAL ASX-listed Junior Allegiance Coal has moved to acquire a private Canadian company in a deal valued at A$1.25-million.
Allegiance told shareholders on Friday that it had entered into a conditional binding agreement to acquire Telkwa Coal, whose sole asset is a farm-in agreement over an advanced coking coal exploration project in British Columbia.
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