10:12 AM EST - Alter NRG Corp. : announced it has entered into a definitive agreement to sell its Fox Creek Coal leases for $5 million U.S. The closing is expected to occur in the third quarter of 2011. The Fox Creek Coal resource was originally purchased in 2006 for approximately $1.0 million to advance a coal to liquids gasification project. The Company's book value of the Fox Creek Coal resource is approximately $3.4 million. Alter NRG Corp.
shares T.NRG are trading even at $0.40.
