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Marret Asset Management announces proposed sale of New Elk Coal Company, LLC by Cline Mining Inc., part of the Private Portfolio of Marret High Yield Strategies Fund and Marret Multi-Strategy Income Fund

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  • Marret Asset Management announces proposed sale of New Elk Coal Company, LLC by Cline Mining Inc., part of the Private Portfolio of Marret High Yield Strategies Fund and Marret Multi-Strategy Income Fund
  • 15 July 2019
  • By INFOR
  • Press release

uly 15, 2019 /CNW/ – Marret Asset Management Inc. (“Marret”) today announced that Cline Mining Inc. (“Cline”) has entered into a conditional term sheet (“Term Sheet”) for the proposed sale by Cline to Allegiance Coal Limited (“Allegiance”) of all the shares in New Elk Coal Company, LLC (“NECC”).

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