Radar Acquisitions Corp.

Radar Acquisitions Corp.

May 21, 2010 17:49 ET

Radar Acquisitions Corp. Changes Name to CanAm Coal Corp.

CALGARY, ALBERTA--(Marketwire - May 21, 2010) - Radar Acquisitions Corp. (TSX VENTURE:RAC) ("CanAm" or the "Corporation") is pleased to announce that, further to a news release dated May 6, 2010, effective May 25, 2010 its name will be changed to "CanAm Coal Corp.". Commencing at opening of trading on May 25, 2010 the common shares of the Corporation will trade on the TSX Venture Exchange under the symbol "COE" and with the new CUSIP number 137098109. The Corporation's new website at www.canamcoal.com is under construction and will be accessible within two weeks.

About CanAm Coal Corp.

CanAm is a coal energy development company focused on growth through the acquisition, exploration and development of coal resources and resource-related technologies. CanAm's main activities and assets include its 49% owned Alabama coal mine operations, the exclusive rights to a proprietary Coal to Liquids technology which converts coal into liquid fuels (such as oil, jet fuel) at an economical cost with zero airborne emissions and the Buick Coal Project which holds significant coal resources, 188 million indicated and 103 million inferred resources, in Colorado, USA (see the technical report entitled "Limon Lignite Project, Elbert County, Colorado, USA," dated October 26, 2007 and filed on SEDAR on November 2, 2007). Other coal and related opportunities continue to be evaluated on an ongoing basis. 

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Corporation's disclosure documents on the SEDAR website at www.sedar.com. The Corporation does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that terms is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Radar Acquisitions Corp.
    Corporate Head Office:
    Timothy J. Bergen
    403.262.3797 or Toll Free: 1.877.262.5888