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.