BCC shareholders to decide on JV agreement

BOWEN Coking Coal shareholders will decide at an extraordinary general meeting on June 17 whether the company should proceed with its proposed marketing joint venture and finance facility with M Resources Trading.

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BCC shareholders to decide on JV agreement BCC shareholders to decide on JV agreement BCC shareholders to decide on JV agreement BCC shareholders to decide on JV agreement BCC shareholders to decide on JV agreement

M Resources has also agreed to provide BCC with a finance facility of up to $15 million.

BCC and M Resources, a related entity of substantial shareholder Matt Latimore, have agreed to establish the JV to market, promote and sell, all coking coal produced by and from any of BCC's existing