VANCOUVER, Nov. 23 /CNW/ - Western Coal Corp. (TSX: WTN, WTN.WT and WTN.DB and AIM: WTN) ("Western" or the "Company") announces that it has received service of a proposed class action lawsuit that was commenced in the Ontario Superior Court of Justice on November 20, 2009. The statement of claim alleges inaccurate disclosure in Western's fiscal second quarter 2007 financial report. The Company believes these allegations are without merit and intends to vigorously defend them as well as the plaintiff's attempt to obtain court approval to proceed with the action.
Western is a producer of high quality metallurgical and thermal coal from mines located in northeast British Columbia (Canada) and West Virginia (USA). The mines have the capacity to produce 7 million tonnes per year and have over 20 years of coal reserves. Western also owns a 50.6% interest Energybuild (EBG: AIM) which produces high quality anthracite and thermal coal in South Wales (UK). Other interests owned include a 45% 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, (604) 608-2692, David.Jan@westerncoal.com