June 24, 2024 Erin

The Energy & Minerals Group announces termination of agreement for Sev.en Global Investments a.s. to Acquire Majority Stake in Coronado Global Resources Inc.

In September of 2023, Sev.en Global Investments a.s. signed a binding agreement to acquire a 51% interest (the “Transaction”) in Coronado Global Resources Inc. (CRN:ASX) (“Coronado”) from affiliates of The Energy & Minerals Group (“EMG”). The agreement had an outside date for completion of the Transaction of June 22, 2024 (the “Outside Date”).  EMG has terminated the agreement in light of certain conditions not being satisfied by the Outside Date (including receipt of FIRB regulatory approval).

Coronado produces high-quality metallurgical coal from three mining complexes, in two of the largest and most productive metallurgical coal basins in the world – Queensland’s Bowen Basin in Australia and the Central Appalachian region of the United States.

About The Energy & Minerals Group
The Energy & Minerals Group (EMG) is the management company for a series of specialized private equity funds. EMG is one of the worlds largest private investors focused on various segments of the natural resource complex critical to the global economy. EMG currently has approximately $14 billion of assets under management.  For more information, please visit www.emgtx.com.