Inactive Instrument

CIC Energy Corp Stock price

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ELC

VGG2136R1064

Coal

CIC Energy Corp. (CIC) is engaged in the acquisition, exploration, development and operation of coal properties in Botswana. The Company indirectly holds one prospecting licence and one retention licence in the Mmamabula coalfield in south-eastern Botswana. The Mmamabula coalfield forms the western extension of South Africa's Waterberg coalfield. As of November 30, 2011, no operating mines had been established within the Mmamabula coalfield. Its Mmamabula Energy Complex consists of an export coal project (the Export Coal Project), one or more mine-mouth coal fired thermal power station projects, (the Power Projects), and a coal gasification and hydrocarbon production project (the CTH Project). In September 2012, Jindal Steel and Power Limited's subsidiary, Jindal BVI Limited (JBVI) acquired the Company by way of a merger of JBVI and the Company.
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Coal
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