von Heute, ist noch warm!
Quest Receives Pending Increase to $8 Million Coal Contact
PATERSON, N.J., July 17, 2008 (PRIME NEWSWIRE) -- Quest Minerals & Mining Corp. (OTCBB:QMNM) (Frankfurt:QMNB), a Kentucky based operator of energy and mineral related properties, announced today that its wholly owned subsidiary, Gwenco, Inc., has verbally accepted a higher strike price per ton on coal with Logan & Kanawha Co., LLC., a West Virginia company. This increase would amend their continuing purchase order for up to $8 million of coal through December 2008.
Eugene Chiaramonte, Jr., President of Quest, stated, ``We are very excited about this new commitment as the company stands to realize an additional 10% in revenues, and we fully anticipate being able to fulfill the entire order during the course of 2008. We expect to announce initial progress reports on operations next quarter.''
Quelle: www.primenewswire.com/newsroom/news.html?d=146574
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