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14 Jun
17:58

Warrior Met Coal to undergo secondary share sale

US metallurgical coal producer Warrior Met Coal is preparing for a secondary stock offering of 4 million shares, Kallanish understands from a company release. The company's shareholders are conducting the sale, and as such Warrior Met Coal will not receive any share in the profits of the sale. "The underwriter intends to offer the shares from time to time for sale in one or more transactions on the New York Stock Exchange, in the over-the-counter mar…
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