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JW Resources, Inc. Acquires Kentucky Thermal Coal Mining Operations from Xinergy Ltd.

Feb 11, 2013 - Business Wire
Board and Executive Moves-Mergers and Acquisitions

JW Resources, Inc., ("JW Resources" or the "Company"), a privately held management and holding company formed by Bayside Capital, Inc. ("Bayside") and Lawrence M. Clark, Jr., announced today that through certain wholly-owned subsidiaries it has completed the acquisition of the Straight Creek and Red Bird thermal coal mining operations (the "Straight Creek Operations") of Xinergy Ltd. (TSX:XRG) ("Xinergy"), located in Bell, Clay, Harlan, Knox and Leslie Counties, Kentucky, for $47.2 million in ca...