The Supreme Court of WA has sentenced a former Continental Coal secretary to more than three years in prison, after she pleaded guilty to giving false and misleading financial information.
Former Continental Coal company secretary Jane Flegg has pleaded guilty to three charges including stealing more than $2 million, the corporate watchdog says.
Former Continental Coal director Peter Landau has been sentenced to more than five years in prison over several charges, including stealing as a director.
Ashley Paul D'Sylva has been sentenced to eight months imprisonment after pleading guilty over financial misuse while he was a director at Continental Coal.
A former ASX-listed mining company director has pleaded guilty over alleged misuse of bridging finance by authorising a transfer of $915,000 when the business was in financial difficulty.
Former dealmaker Peter Landau has pleaded guilty to theft, forgery and providing false documents to the corporate watchdog during his time at two failed exploration companies.
Two directors and the company secretary of ASX-listed Continental Coal have been charged with breaching their duties, as well as providing false and misleading statements.
Citation Resources has appointed KordaMentha as voluntary administrators, while the oil and gas company continues to pursue recovery of funds through a civil action against former director Peter Landau.
Oil and gas company Citation Resources has launched proceedings in the Federal Court against its former chairman Peter Landau after an investigation revealed issues concerning $2 million worth of transactions.
Embattled collier Continental Coal has struck a $70 million deal to offload its interest in its South African subsidiary, leaving the company debt free and with excess cash reserves.
It has been a tough quarter for dealmakers as commodity and share prices slump but some players see promise in the market shake-out. This Special Report includes a fully updated database with 146 deals for the quarter and an updated stockbrokers list.
West Perth-based coal miner Continental Coal has announced a non-renounceable $35.1 million rights issue as part of a recapitalization and restructure.
Continental Coal has secured a short-term funding deal which will allow it to continue trading but at the expense of its chief executive and several other directors.
South Africa-focused miner Continental Coal says it could be forced to call in administrators unless it can recapitalise the company in order to pay off its convertible notes.
South African thermal coal producer Continental Coal has appointed Bernard Swanepoelas a non-executive director. Mr Swanepoel is joint chief executive officer of
South African thermal coal producer Continental Coal has appointed Bernard Swanepoelas a non-executive director. Mr Swanepoel is joint chief executive officer of
Continental Coal says exploration programs have revealed a substantial increase in resources at its flagship De Wittekrans thermal coal project in South Africa.
Emerging coal producer Continental Coal has moved a step closer to the acquisition of unlisted South African thermal coal miner Mashala Resources after raising $61 million.
Shares in West Perth-based Continental Coal were higher after it entered another offtake deal and secured $US47 million ($A51 million) for the Vlakplaats coal project in South Africa.
