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BOWIE RESOURCE PARTNERS

Discussions with Canyon Consolidated Resources, LLC to acquire Galena Private Equity Resources Fund’s holding in Bowie Resource Partners, LLC have concluded without a sale agreement due to current financial market conditions. Galena Private Equity Resources Fund remains the majority owner of Bowie Resource Partners, LLC. The mines continue to deliver a strong performance and the […]

BOWIE RESOURCE PARTNERS TO BE ACQUIRED BY CANYON CONSOLIDATED RESOURCES

Louisville, Kentucky October 31, 2017 A group of investors led by John Siegel and Murray Energy Corporation (“Murray Energy”) have announced the formation of Canyon Consolidated Resources, LLC (“CCR”), which has reached an agreement to purchase Bowie Resource Partners, LLC (“BRP”), effectively buying out Galena Private Equity Resource Fund’s (a subsidiary of Trafigura PTE LTD) […]

BOWIE RESOURCE PARTNERS ANNOUNCES PRIVATE OFFERING OF FIRST LIEN NOTES

Louisville, Kentucky, October 31, 2017 — Bowie Resource Partners, LLC (“Bowie”) today announced that Bowie Resource Holdings, LLC (the “Issuer”) and Canyon Finance Corp. (the “Co-Issuer”) intend to offer, subject to market and other conditions, up to $375,000,000 aggregate principal amount of Senior Secured Notes due 2022 (the “Notes”) through a private placement. Bowie intends […]