Corsa Coal Corp

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Corsa Coal Corp - overview

Location

Canonsburg, PA, US

Primary Industry

Mining

About

Corsa Coal Corp is a resource company focused on the production and sale of high-quality metallurgical and thermal coal for industrial customers. Their operations are centered on mining and processing coal to meet diverse energy needs. Corsa Coal Corp operates in the coal mining industry, primarily focusing on the production of metallurgical and thermal coal. The company is based in Canonsburg, US.


Founded with a vision to provide essential coal resources, it has maintained its core operations without significant pivots or changes. The leadership team features CEO George Dethlefsen and Kevin Harrigan. In October 2016, Sprott Resource Corp. acquired 10,000,000 common shares from Corsa Coal Corp for USD 0.


10 apiece. Corsa Coal Corp specializes in the mining of high-quality metallurgical and thermal coal, catering to the needs of various industrial sectors. Their coal products are designed to support energy generation and metallurgical processes, ensuring compliance with environmental standards. The company serves a diverse client base, including utilities and industrial customers throughout North America and beyond, offering tailored coal solutions that meet specific operational requirements.


In the most recent year of 2021, Corsa Coal Corp reported a revenue of USD 131. 48 mn, with an EBITDA of USD 9. 66 mn. The company's revenue model is primarily based on direct transactions with clients, who purchase coal for their energy and industrial needs, often through long-term contracts.


Corsa Coal Corp plans to enhance its production capabilities by developing new mining sites and expanding its existing operations to meet growing demand in both domestic and international markets. The company is targeting expansion into new geographical regions such as Europe and Asia by 2025. The proceeds from the acquisition of shares in October 2016 are intended to support these initiatives, facilitating the launch of new product lines and improving operational efficiencies.


Current Investors

Primary Industry

Mining

Sub Industries

Mining

Website

http://www.corsacoal.com/

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Corsa Coal Corp - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
PIPECompletedCorsa Coal Corp-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.