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Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
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  • Cougar Energy Continues Talks With Queensland Government 0 comments
    Jan 29, 2013 7:06 PM

    Cougar Energy (ASX: CXY) is continuing its confidential "without prejudice" communications with the Queensland Government to resolve the Queensland Supreme Court and the Queensland Planning & Environment Court proceedings.

    As a result of these ongoing talks, Cougar has extended the previous timetable for the Supreme Court proceedings until 22 February 2013.

    The Supreme Court proceedings revolve around the damages claim that Cougar is seeking over the Queensland Government's decision to shut its Kingaroy underground coal gasification pilot project while the Queensland Planning & Environment Court proceedings challenge the government department's requirements with respect to the Kingaroy site.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong/China.

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