11:44 AM EST - Western Coal Corp. : said it proposes to buy all the outstanding issued ordinary share capital of Energybuild Group plc not already held by the company. Western stated that the proposal would be effected by way of a scheme of arrangement of Energybuild under section 899 of the UK Companies Act 2006. As per the proposal, scheme Shareholders will receive 0.0833 new Western Shares for every one Energybuild Share held. Western Coal Corp.
shares T.WTN are trading up $0.28 at $4.73.