KIEV, Dec. 1 – Canada’s Lysander Minerals Corporation has completed the acquisition of the previously operating Verticalnaya anthracite mine in Sverdlovsk, Luhansk region.
According to the company, Lysander Minerals acquired control of all of the charter capital of Skhidna Vuhilna Kompania ("East Coal Company"), the owner of the mine by two transactions: it acquired all of Ukraine Energy Ltd, the owner of a 51% interest in East Coal Company, from Ukraine Coal Plc of the United Kingdom and it acquired the remaining 49% interest in East Coal Company from Surrey Dynamics Limited, also of the United Kingdom.
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