Buffalo Coal Corp.

0.02

Canada & Ontario Toronto

Brookfield Place, 181 Bay Street, Suite 2100

+27 116563206

buffalocoal.co.za

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Company Press Releases

Buffalo Coal Corp. Announces Secured Credit Facility

Toronto, Ontario--(Newsfile Corp. - January 23, 2023) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) (the "Company") announced today that its wholly-owned subsidiary, Buffalo Coal Dundee Proprietary Limited ("BCD") has entered into and received approval from the South African Reserve Bank regarding a secured credit facility agreement dated November 7, 2022 and addendum to the facility agreement dated December 29, 2022 (as amended, the "Credit Agreement") with Ikwezi Mining FZE (the "Lender"), an affiliate of the Company's majority shareholder, Belvedere Resources DMCC ("Belvedere").Pursuant to th...

Buffalo Coal Corp. Announces Final Discharge of Investec Loan

Toronto, Ontario--(Newsfile Corp. - January 16, 2023) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) (the "Company" or "Buffalo Coal") today announced the final discharge of Buffalo Coal's loan facility with Investec Bank Limited ("Investec"). The Company settled the outstanding loan facility of R32,576,523 including interest along with a reduced royalty amount agreed to with Investec of R2,500,000. On January 13, 2023 Investec issued a final discharge notice confirming that all the indebtedness and obligations of the Company under the loan facility agreement have been irrevocably and uncond...

Buffalo Coal Corp. Announces Completion of Rights Offering

Toronto, Ontario--(Newsfile Corp. - December 29, 2022) - Buffalo Coal Corp. (TSXV: BUF) (JSE: BUC) (the "Company" or "Buffalo Coal") today announced the completion of the previously announced rights offering to its shareholders (the "Rights Offering"), subject to final approval of the TSX Venture Exchange (the "TSXV").Buffalo Coal issued 315,135,452 common shares of the Company (each a "Common Share") at a price of CDN$0.01 per Common Share for rights exercised on the TSXV and 111,038 common shares at a price of R0.13396 per Common Share  for rights exercised on the JSE. The Company...

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