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International Coal Executive Director Acquires 1m Shares On-Market

International Coal executive director Hugh Dai has acquired 1,000,000 shares in on market purchases for a consideration of $276,720.00 on 28th June 2012.

Last sale price of International Coal was $0.27.

This takes his holding in the company to 3,300,001 shares.

International Coal is fresh from a a farm-in and joint venture agreement with a wholly owned subsidiary of Hancock Prospecting, in which it can earn up to a 51% interest in the Bundaberg coking coal project.

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