NewLead Holdings (NEWL +43.7%) shares soar on news the shipper of energy products signed deals...

|About: NewLead Holdings Ltd. (NEWL)|By:, SA News Editor

NewLead Holdings (NEWL +43.7%) shares soar on news the shipper of energy products signed deals to acquire title and excavation rights in properties containing 18.6M tons of estimated coal reserves for $11M and acquire ownership and leasehold interests in properties containing ~143M tons of coal for $55M. NEWL expects the three-year supply contracts to generate $873M of revenue.