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Forbes & Manhattan Coal Corp.

11:54 AM EST - Forbes & Manhattan Coal Corp. : has reached agreement on wages for this year with the Association of Mineworkers and Construction Union for employees in categories 4 to 8. Wages for employees in these categories will increase by 9% for the period from August 1, 2013 to July 31, 2014. Forbes & Manhattan Coal Corp. shares T.FMC are trading up $0.01 at $0.23.