VANCOUVER, March 26 /CNW/ - Western Coal Corp (TSX: WTN, WTN.WT and WTN.DB and AIM: WTN) ("Company" or "Western") announces the retirement of the Company's Chairman, Mr. John Byrne (61) effective May 31, 2010. As part of the Company's continual evaluation and review of the Board's skills and composition, further announcements on the appointment of a new Chairperson and additions to the Board will made in due course.
Mr. Robert Chase, Western's Lead Director comments, "Since 2001, John has been instrumental in overseeing Western's growth from a junior coal exploration company to the Company you see before us today, one that has coal operations across the globe and with plans to grow production to over 10 million tonnes in the next few years. On behalf of the Board of Directors, I thank John for his vision and tireless efforts to see Western become a major producer of metallurgical coal. We wish him well as he spends more time with his family while pursuing other business interests closer to his home in Australia."
Mr. Byrne states, "I leave the Company with a solid financial position, very good producing assets and with a bright future. The time is right to hand the reigns to the next generation to ensure the continued success of Western as it executes its plan to become a top tier global producer of metallurgical coal."
About Western Coal
Western Coal is a producer of high quality metallurgical coal from mines in northeast British Columbia (Canada) and high quality metallurgical coal and compliant thermal coal from mines located in West Virginia (USA). Western Coal also owns approximately 55% of Energybuild Group Plc (EBG: AIM) which produces high quality anthracite and metallurgical coal in South Wales (UK). Other interests owned include a 48% interest in Mandalay Resources Corporation (TSX.V: MND), 42% interest in Xtract Energy (XTR: AIM), 20% interest in NEMI Northern Energy & Mining (NNE.A: TSX). The Company is headquartered in Vancouver, BC, Canada, and trades on the AIM and TSX stock exchanges under the symbol "WTN". More information can be found at www.westerncoal.com
SOURCE WESTERN COAL CORP.
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