Wescoal to acquire remaining minority interest at Neosho

JSE-listed Wescoal has, through its wholly-owned Keaton Energy subsidiary, entered into and executed an agreement to acquire Mbabazini Esther Dhladla’s shares in Neosho Trading – the owner of the Moabsvelden project. Keaton will acquire the shares, which represent about 7.8% of Neosho’s issued share capital, for R10.5-million.