Corsa Coal Corp
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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
Sprott
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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Corsa Coal Corp | - |
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