TORONTO, Dec. 9, 2013 /CNW/ - Lorito Holdings S.á.r.l. ("Lorito") and
Zebra Holdings & Investments S.á.r.l. ("Zebra"), two companies
controlled by a trust settled by the late Adolf H. Lundin, announced
today that Zebra had acquired ownership of 7,911,000 common shares of
Corsa Coal Corp. (TSXV:CSO) ("Corsa") through the facilities of the TSX
Venture Exchange on December 4, 2013. As a result of this acquisition,
Lorito and Zebra together hold a total of 71,666,500 common shares of
Corsa representing 10.74% of the issued capital of Corsa.
Lorito and Zebra are joint actors with respect to their holdings in
Corsa and have acquired the shares for investment purposes. Each of
Lorito and Zebra may from time to time increase or decrease their
investment in Corsa depending upon the business and prospects of Corsa
and depending upon future market conditions.
SOURCE: Lorito Holdings S.A.R.L.
For further information:
John H. Craig