Posted On: 08/03/2014 3:42:35 PM
Post# of 273256
Carbon Friendly (CFQSF) 0.1800 $CFQSF
MicroCoal® Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement
Filing Services Canada - Mon Jul 14, 4:32PM CDT
MicroCoal(R) Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fifth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$335,000. In conjunction with the closing of the fifth tranche, the Company will issue an aggregate of 1,675,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fifth tranche, the Company paid a cash commission equal to 10% on a portion of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$3,500 and granted 17,500 finders warrants to purchase Units. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the sixth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement
Filing Services Canada - Fri Jul 04, 2:04PM CDT
MicroCoal(R) Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fourth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$167,000. In conjunction with the closing of the fourth tranche, the Company will issue an aggregate of 835,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fourth tranche, the Company paid a cash commission equal to 10% of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$16,700 and granted finders warrants to purchase Units equal to 10% of the Units placed. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the fifth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...042014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright - (C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Exercise of Options
Filing Services Canada - Mon Jun 30, 4:54PM CDT
MicroCoal(r) Technologies Grants Stock Options
Filing Services Canada - Tue Jun 10, 8:25PM CDT
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTC_Pink),("MicroCoal" or the "Company"
announced today that it has granted incentive stock options to purchase 50,000 common shares of the Company (the "Options" pursuant to the Company's share option plan to a previously appointed consultant. The Options have an exercise price of $0.205 per common share, representing the market price for the common shares on June 10, 2014, and are exercisable for a period of three years.
MicroCoal(r) Technologies Settles Litigation
Filing Services Canada - Mon Jun 09, 8:00AM CDT
MicroCoal Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF), ("MicroCoal" or the "Company" announced today that a settlement has been reached in respect of a lawsuit filed in February 2012 by Phoenix Alliance Corp. The lawsuit, filed in the Supreme Court of British Columbia, claimed damages of $450,000 and unspecified interest and court costs against MicroCoal. MicroCoal argued that the claim had no merit and was based on an agreement that had long expired. To settle the lawsuit, the Company agreed to pay $20,000 to Phoenix Alliance Corp. to defray legal fees, in exchange for dropping the lawsuit and providing a comprehensive release of the Company and its management.
MicroCoal(r) Technologies Provides Research and Development Facility Update
Filing Services Canada - Tue Jun 03, 2:20PM CDT
MicroCoal(r) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC Pink: CFQSF) ("MicroCoal" or the "Company" announced that it has reached an agreement with Hazen Research Labs, whereby MicroCoal has agreed to exit their research and development facility in Golden, Colorado.
MicroCoal(r) Technologies Announces Amendment of Warrants
Filing Services Canada - Wed May 28, 1:20PM CDT
MicroCoal(r) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC Pink: CFQSF) ("MicroCoal" or the "Company" announced today that the Company has amended the exercise price of 9,019,250 outstanding common share purchase warrants (the "Warrants" from $0.35 to $0.26, being the last closing price of the Company's shares on Canadian Securities Exchange ("CSE" prior to the date hereof. The Warrants were issued as part of a private placement of units at a price of $0.20 per unit, as announced in the Company's news release dated December 28, 2012.
MicroCoal(r) Technologies Announces Resignation of Director
Filing Services Canada - Fri May 23, 12:00PM CDT
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTCBB Pink Sheets),("MicroCoal" or the "Company" announced the resignation of Slawomir Smulewicz from its board of directors effective May 22, 2014. Mr. Smulewicz tendered his resignation to chairman of the board, Dr. James Young. In accepting his resignation, Dr. Young thanked Mr. Smulewicz for his service and wished him well in his future endeavors.
MicroCoal(r) Technologies to Raise up to US$10 Million by way of a Non-Brokered Private Placement
Filing Services Canada - Mon Mar 03, 8:00AM CST
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTC Pink, OFS.F - Frankfurt),("MicroCoal" or the "Company" today announced that it intends to carry out a non-brokered private placement (the "Private Placement" of up to 50,000,000 units of the Company (each, a "Unit" at US$0.20 per Unit for aggregate gross proceeds of up to US$10,000,000.
MicroCoal(R) Technologies Announces Management Changes
Business Wire - Thu Feb 13, 8:29AM CST
--MicroCoal announces resignations of current Chief Executive Officer and President
Cosmetic Website Jumei.com Planning US Listing
SinoCast - Thu Feb 13, 5:12AM CST
Foreign media quoted words of person in the know saying that Jumei.com is making progress to get listed in US, planning to finance USD 600 million, estimated to be worth more than USD 3 billion.
Caesarstone Reports Fourth Quarter and Full Year 2013 Results
Business Wire - Wed Feb 12, 5:30AM CST
--Q4 Net Income Attributable to Controlling Interest Up 58.1%; EPS of $0.48
MicroCoal(r) Technologies Inc. Announces Amendment to Amended Warrants
Filing Services Canada - Fri Feb 07, 11:47AM CST
MicroCoal Technologies Inc.(CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (the "Company" or "MTI" announces an amendment to its news release of February 4, 2014. The expiry date of 6,395,766 outstanding share purchase warrants will be extended from February 13, 2014 to November 13, 2014. The 297,909 warrants reported as agent's warrants are in fact finder's warrants and the term of these will also be extended from February 13, 2014 to November 13, 2014. All other terms of the news release remain unchanged.
The Government of Canada Provides Support to MicroCoal(R) Technologies Inc.
Business Wire - Thu Jan 23, 10:00AM CST
MicroCoal(R) Technologies Inc. (CSE: MTI) (OTC: CFQSF) (Frankfurt: OFS.F) (the "Company" is pleased to announce that the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) is providing advisory services, as well as funding, of up to $50,000 to support the testing of the effect of microwave radiation on coals and to evaluate methods to prevent the re-absorption of moisture.
Blanket Targets 48000 Ounces in F14
All Africa Global Media - Thu Jan 09, 10:33PM CST
BLANKET Mine expects gold output to increase by 5,4 percent to 48 000 ounces this year after production rose only marginally due to the effect of plant shut down and low head grade.In its 2013 production update and 2014 outlook Blanket co-shareholder Caledonia Mining said it had recorded a 3 percent decline in the last quarter, which weighed down annual output.
Shareholders Approve All Items of Business at the Annual General and Special Meeting
Filing Services Canada - Thu Jan 02, 8:00AM CST
MicroCoal Technologies Inc. (MTI - CNSX, CFQSF - OTC Pink, OFS.F - Frankfurt), (the "Company" is pleased to report the results of our AGM held on December 27, 2013 wherein the Company received shareholder approval for all the items previously set out in the Notice of Annual General and Special Meeting of the Shareholders namely:
MicroCoal(R) Receives Progress Payments Totaling $1,320,000for Clean Coal Upgrading Facility in Indonesia
Business Wire - Mon Dec 23, 9:04AM CST
MicroCoal(R) Technologies Inc. (CNSX: MTI) (OTC: CFQSF) (Frankfurt: OFS.F) (the "Company" is pleased to announce that USD $1.32 million has been received pursuant to agreements between the Company and PT Wijaya Tri Utama ("PWTU" (see News Release #13-20, July 29th 2013) for the purchase and construction of a MicroCoal(R) clean coal upgrading facility in Indonesia. The completed contract price is USD $6,000,000. In addition to the agreed contract price, MicroCoal(R) will receive an annual royalty fee of $360,000 (6% of the construction price) for a period of six (6) years after completion, plus maintenance fees.
MicroCoal® Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement
Filing Services Canada - Mon Jul 14, 4:32PM CDT
MicroCoal(R) Technologies Announces Closing of Fifth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fifth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$335,000. In conjunction with the closing of the fifth tranche, the Company will issue an aggregate of 1,675,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fifth tranche, the Company paid a cash commission equal to 10% on a portion of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$3,500 and granted 17,500 finders warrants to purchase Units. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the sixth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...142014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement
Filing Services Canada - Fri Jul 04, 2:04PM CDT
MicroCoal(R) Technologies Announces Closing of Fourth Tranche of Previously Announced Private Placement This press release is not to be distributed to U.S. newswire services or to be disseminated in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Vancouver, British Columbia (FSCwire) - MicroCoal(R) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (MicroCoal or the Company) is pleased to announce that it has closed the fourth tranche of its previously announced non-brokered private placement (the Private Placement) in the amount of US$167,000. In conjunction with the closing of the fourth tranche, the Company will issue an aggregate of 835,000 units (each, a Unit) of the Company at a subscription price of US$0.20 per Unit. Each Unit is comprised of one common share of the Company and one common share purchase warrant (the Warrants). Each Warrant will entitle the holder thereof to acquire one common share at an exercise price of US$0.30 for up to 12 months following the date of issuance, subject to the terms thereof. In connection with the fourth tranche, the Company paid a cash commission equal to 10% of the gross proceeds raised from the sale of the Units to an arm's length party in the aggregate amount of approximately US$16,700 and granted finders warrants to purchase Units equal to 10% of the Units placed. The Company intends to use the net proceeds from the Private Placement to advance construction on the Company's first commercial facility in Indonesia for upgrading low rank coals and for general corporate purposes and working capital. All Units, common shares and Warrants issued under the Private Placement will be subject to a four-month hold period from the closing date, in accordance with the rules and policies of the CSE and applicable Canadian securities laws and such other restrictions as may apply under foreign securities laws. The Company will be continuing with the fifth tranche of the Private Placement on the same terms and conditions announced in its March 3, 2014 news release, subject to regulatory approval and the policies of the CSE. The Units, common shares and Warrants have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the U.S. Securities Act), or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirement of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Units, common shares or Warrants, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About MicroCoal" Technologies Inc. The Company is focused on commercializing its unique, clean-coal upgrading technology known as MicroCoal(R); a low-cost, patented microwave technology that reduces moisture in coal resulting in an upgraded energy content of coal. This process provides significant financial benefits to coal-fired electrical generating utilities such as: large cost savings from switching to low-rank coal, substantial increases in boiler efficiencies and heat output, improved ash efficiencies and reductions in scrubber costs. Important environmental benefits such as reductions in greenhouse gases and mercury can also be derived from implementation of this technology. The Company is currently constructing the first commercial facility in Indonesia and discussions for other projects are underway. On behalf of the Board of Directors, Dr. James Young Chairman of the Board of Directors For further information, please contact: MicroCoal" Technologies Inc. Telephone: (778) 995 5833 office@mticoal.com FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements that reflect the current views and/or expectations of MicroCoal with respect to its performance, business and future events, including statements regarding cash flow, growth and future prospects of our business, the completion of the first full scale MicroCoal facility, our perceptions of the industry and markets in which we operate and anticipated trends in such markets, the entry into of additional agreements for MicroCoal facilities, and the approval and closing of the Private Placement, if any. The reader is cautioned that forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Assumptions underlying the Company's expectations regarding forward looking statements contained in this news release include, among others: that MicroCoal will complete the first full scale facility in Indonesia as expected, that negotiations will proceed for other projects, that MicroCoal will receive all necessary approvals for the Private Placement and that it will be able to close the Private Placement. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, that the first full scale facility in Indonesia may not be completed or operate as expected and that MicroCoal may not be able to negotiate agreements for additional projects on terms acceptable to MicroCoal. These risks, as well as others, could cause actual results and events to vary significantly. Accordingly, readers should not place undue reliance on forward-looking statements, which are qualified in their entirety by this cautionary statement. Except as required by law, the Corporation does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of the release. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...042014.pdf Source: MicroCoal Technologies Inc. (CSE:MTI, OTC Pink:CFQSF, FWB:OFS.F) http://www.microcoaltechnologies.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright - (C)2014 Filing Services Canada Inc.
MicroCoal® Technologies Announces Exercise of Options
Filing Services Canada - Mon Jun 30, 4:54PM CDT
MicroCoal(r) Technologies Grants Stock Options
Filing Services Canada - Tue Jun 10, 8:25PM CDT
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTC_Pink),("MicroCoal" or the "Company"
announced today that it has granted incentive stock options to purchase 50,000 common shares of the Company (the "Options" pursuant to the Company's share option plan to a previously appointed consultant. The Options have an exercise price of $0.205 per common share, representing the market price for the common shares on June 10, 2014, and are exercisable for a period of three years. MicroCoal(r) Technologies Settles Litigation
Filing Services Canada - Mon Jun 09, 8:00AM CDT
MicroCoal Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF), ("MicroCoal" or the "Company"
announced today that a settlement has been reached in respect of a lawsuit filed in February 2012 by Phoenix Alliance Corp. The lawsuit, filed in the Supreme Court of British Columbia, claimed damages of $450,000 and unspecified interest and court costs against MicroCoal. MicroCoal argued that the claim had no merit and was based on an agreement that had long expired. To settle the lawsuit, the Company agreed to pay $20,000 to Phoenix Alliance Corp. to defray legal fees, in exchange for dropping the lawsuit and providing a comprehensive release of the Company and its management. MicroCoal(r) Technologies Provides Research and Development Facility Update
Filing Services Canada - Tue Jun 03, 2:20PM CDT
MicroCoal(r) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC Pink: CFQSF) ("MicroCoal" or the "Company"
announced that it has reached an agreement with Hazen Research Labs, whereby MicroCoal has agreed to exit their research and development facility in Golden, Colorado. MicroCoal(r) Technologies Announces Amendment of Warrants
Filing Services Canada - Wed May 28, 1:20PM CDT
MicroCoal(r) Technologies Inc. (CSE: MTI) (Frankfurt: OFS.F) (OTC Pink: CFQSF) ("MicroCoal" or the "Company"
announced today that the Company has amended the exercise price of 9,019,250 outstanding common share purchase warrants (the "Warrants" from $0.35 to $0.26, being the last closing price of the Company's shares on Canadian Securities Exchange ("CSE" prior to the date hereof. The Warrants were issued as part of a private placement of units at a price of $0.20 per unit, as announced in the Company's news release dated December 28, 2012. MicroCoal(r) Technologies Announces Resignation of Director
Filing Services Canada - Fri May 23, 12:00PM CDT
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTCBB Pink Sheets),("MicroCoal" or the "Company"
announced the resignation of Slawomir Smulewicz from its board of directors effective May 22, 2014. Mr. Smulewicz tendered his resignation to chairman of the board, Dr. James Young. In accepting his resignation, Dr. Young thanked Mr. Smulewicz for his service and wished him well in his future endeavors. MicroCoal(r) Technologies to Raise up to US$10 Million by way of a Non-Brokered Private Placement
Filing Services Canada - Mon Mar 03, 8:00AM CST
MicroCoal Technologies Inc. (MTI - CSE, CFQSF - OTC Pink, OFS.F - Frankfurt),("MicroCoal" or the "Company"
today announced that it intends to carry out a non-brokered private placement (the "Private Placement" of up to 50,000,000 units of the Company (each, a "Unit" at US$0.20 per Unit for aggregate gross proceeds of up to US$10,000,000. MicroCoal(R) Technologies Announces Management Changes
Business Wire - Thu Feb 13, 8:29AM CST
--MicroCoal announces resignations of current Chief Executive Officer and President
Cosmetic Website Jumei.com Planning US Listing
SinoCast - Thu Feb 13, 5:12AM CST
Foreign media quoted words of person in the know saying that Jumei.com is making progress to get listed in US, planning to finance USD 600 million, estimated to be worth more than USD 3 billion.
Caesarstone Reports Fourth Quarter and Full Year 2013 Results
Business Wire - Wed Feb 12, 5:30AM CST
--Q4 Net Income Attributable to Controlling Interest Up 58.1%; EPS of $0.48
MicroCoal(r) Technologies Inc. Announces Amendment to Amended Warrants
Filing Services Canada - Fri Feb 07, 11:47AM CST
MicroCoal Technologies Inc.(CSE: MTI) (Frankfurt: OFS.F) (OTC: CFQSF) (the "Company" or "MTI"
announces an amendment to its news release of February 4, 2014. The expiry date of 6,395,766 outstanding share purchase warrants will be extended from February 13, 2014 to November 13, 2014. The 297,909 warrants reported as agent's warrants are in fact finder's warrants and the term of these will also be extended from February 13, 2014 to November 13, 2014. All other terms of the news release remain unchanged. The Government of Canada Provides Support to MicroCoal(R) Technologies Inc.
Business Wire - Thu Jan 23, 10:00AM CST
MicroCoal(R) Technologies Inc. (CSE: MTI) (OTC: CFQSF) (Frankfurt: OFS.F) (the "Company"
is pleased to announce that the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) is providing advisory services, as well as funding, of up to $50,000 to support the testing of the effect of microwave radiation on coals and to evaluate methods to prevent the re-absorption of moisture. Blanket Targets 48000 Ounces in F14
All Africa Global Media - Thu Jan 09, 10:33PM CST
BLANKET Mine expects gold output to increase by 5,4 percent to 48 000 ounces this year after production rose only marginally due to the effect of plant shut down and low head grade.In its 2013 production update and 2014 outlook Blanket co-shareholder Caledonia Mining said it had recorded a 3 percent decline in the last quarter, which weighed down annual output.
Shareholders Approve All Items of Business at the Annual General and Special Meeting
Filing Services Canada - Thu Jan 02, 8:00AM CST
MicroCoal Technologies Inc. (MTI - CNSX, CFQSF - OTC Pink, OFS.F - Frankfurt), (the "Company"
is pleased to report the results of our AGM held on December 27, 2013 wherein the Company received shareholder approval for all the items previously set out in the Notice of Annual General and Special Meeting of the Shareholders namely: MicroCoal(R) Receives Progress Payments Totaling $1,320,000for Clean Coal Upgrading Facility in Indonesia
Business Wire - Mon Dec 23, 9:04AM CST
MicroCoal(R) Technologies Inc. (CNSX: MTI) (OTC: CFQSF) (Frankfurt: OFS.F) (the "Company"
is pleased to announce that USD $1.32 million has been received pursuant to agreements between the Company and PT Wijaya Tri Utama ("PWTU" (see News Release #13-20, July 29th 2013) for the purchase and construction of a MicroCoal(R) clean coal upgrading facility in Indonesia. The completed contract price is USD $6,000,000. In addition to the agreed contract price, MicroCoal(R) will receive an annual royalty fee of $360,000 (6% of the construction price) for a period of six (6) years after completion, plus maintenance fees.
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