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Stock Market & Financial Investment News

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November 19, 2012
08:27 EDTLLENL&L Energy completes acquisition of two mines in Guizhou
L & L Energy announced its completion of acquisitions of the LuoZhou and LaShu mines, nearby its existing Weishe model mine under its consolidation strategy in Guizhou Province. Following preliminary agreement and due diligence, L&L announced a $37.1M acquisition of 95% of both mines from Union Energy, satisfied by a cash outlay of approximate $1.7M and transfers of the company's 98% interest in Zonelin Coking Plant and 60% interest in the DaPing Mine.
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April 8, 2014
17:37 EDTLLENL&L Energy to voluntarily delist from the NASDAQ Stock Exchange
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07:30 EDTLLENL&L Energy says Chairman and CEO Dickson Lee resigns for personal reasons
On April 1, Dickson V. Lee, CEO and Chairman of the Board of Directors of L & L Energy notified the company’s Board of Directors that he is resigning his position as CEO and Chairman, effective immediately. Lee resigned for personal reasons and not due to any disagreement with the company. On March 27, the United States Department of Justice unsealed an indictment against Lee. Lee has pleaded not guilty to the charges brought forth against him.

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