VANCOUVER, March 15 /CNW/ - Western Coal Corp (TSX: WTN, WTN.WT and WTN.DB and AIM: WTN) ("Company" or "Western") announces the Company has been added to the S&P/TSX Composite Index ("Composite") effective at the market open on Monday, March 22, 2010. The Composite is the headline index for Canada, which represents the inclusion of the largest companies on the Toronto Stock Exchange and the principal benchmark measure for the Canadian equity markets.
Keith Calder, President and Chief Executive Officer of Western comments, "Being added to the S&P/TSX Composite Index is an important milestone for Western Coal. It demonstrates the progress we have made, and will continue to make, in growing the company and increasing value for shareholders. It will also add additional visibility for the company in the investment community and provide access to new index-based funds. "
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.
For further information: For further information: David Jan, Director, Investor Relations, Phone: (604) 694-2891, Email: email@example.com