Thursday, March 25, 2010

Oxford Resources In $250 Million IPO

US coal miner Oxford Resource Partners filed papers with regulators on Wednesday for an initial public offering to raise up to $250 million.

The company, based in Coshocton, Ohio, has reserves in northern Appalachia and the Illinois Basin. Its subsidiaries mine the reserves.

It said it would sell the shares as soon as possible once the registration statement becomes effective.

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