Western Canadian Coal to loan US$36 million to subsidiary of London mining company

By Business in Vancouver, January 6th, 2009 at 12:08 am - PERMALINK

Vancouver's Western Canadian Coal Corp. (TSX:WTN) is loaning US$36 million to Cambrian Investment Holdings Ltd. (CIH), a wholly owned subsidiary of London, U.K.-based Cambrian Mining Plc. (AIM:CBM). The loan will be used to repay CIH's existing loan with