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Evergreen Energy Signs Definitive Agreement To Sell Buckeye Assets - Buckeye Sale To Retire 2009 Convertible Notes - - Spin-off of K-fuel Technology...

By TechAgreements

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DENVER, March 15, 2010 ? Evergreen Energy Inc. (NYSE Arca: EEE) today announced that it has signed a definitive agreement with Rosebud Mining Company for the sale of certain assets of both Buckeye Industrial Mining Co. and Evergreen.  The sale will generate aggregate proceeds to the company of $32.9 million, which includes the release of $5.0 million of cash reclamation bonds.

Full post as published by TechAgreements on March 15, 2010 (boomark / email).

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