Walter Energy Announces Toronto Stock Exchange Listing
09:03 EDT Tuesday, April 12, 2011
TAMPA, FL--(Marketwire - April 12, 2011) - Walter Energy (NYSE: WLT) (TSX: WLT), the world's leading, publicly traded "pure play" producer of metallurgical coal for the global steel industry, announced today that it has received approval from the Toronto Stock Exchange ("TSX") to list the Company's common shares on the exchange.
Walter Energy's common shares will commence trading at the opening bell of the TSX today, Tuesday, April 12, 2011 under the trading symbol, "WLT". The Company said it would continue its listing on the New York Stock Exchange, also under the ticker symbol "WLT".
"Listing on the TSX is in line with our strategy to provide our shareholders with a range of ways to participate in the Company and to reaffirm our position on the global stage," said Keith Calder, chief executive officer of Walter Energy.
About Walter Energy
Walter Energy is the world's leading, publicly traded "pure play" metallurgical coal producer for the global steel industry. The Company also produces steam coal and industrial coal, anthracite, metallurgical coke and coal bed methane gas. The Company has strategic access to high-growth steel markets in Asia, South America and Europe. Walter Energy has pro forma annual revenues of approximately $2.3 billion and employs approximately 4,000 employees and contractors with operations in the United States, Canada and United Kingdom. For more information about Walter Energy, please visit the Company website at www.walterenergy.com.