Corsa Coal Announces Executive Transition
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FRIEDENS, Pa., June 9, 2021 /CNW/ - Corsa Coal Corp. (TSXV: CSO) (OTCQX: CRSXF) ("Corsa" or the "Company"), announced today that Peter V. Merritts, as part of his future retirement planning process, has elected to step down as Chief Executive Officer ("CEO") of the Company and a member of the Board of Directors and be appointed Chief Operating Officer ("COO") effective June 9, 2021. Mr. Merritts' decision is not the result of any dispute or disagreement with the Company or any matter related to the Company's operations, policies, management, or board of directors, but strictly a decision to provide the best opportunity for succession planning of the CEO position and Mr. Merritts' future retirement plans.