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Corsa Coal Corp
1576 Stoystown Road
PO Box 260
Phone: (724) 754-0028p:724 754-0028 FRIEDENS, PA  15541  United States Ticker: CSOCSO
Filed for Bankruptcy on 1/6/2025
Case #25-70003, filed in the U.S. Bankruptcy Court for the Western District of Pennsylvania (Johnston)
This case is being Jointly Administered under the lead case filed for Wilson Creek Energy, LLC Case #25-70001
On 1/14/2025, the Ontario Superior Court of Justice (Commercial List) granted an Initial Recognition Order under the Companies' Creditors Arrangement Act (CCAA) following an application by Corsa Coal Corp. in its capacity as the Foreign Representative. This application also covered several affiliated entities including Wilson Creek Energy, LLC, Wilson Creek Holdings, Inc., Maryland Energy Resources, LLC, Mincorp Acquisition Corp., Mincorp Inc., PBS Coals, Inc., Roxcoal, Inc., Quecreek Mining, Inc., Croner, Inc., and Elk Lick Energy, Inc. collectively referred to as the “Chapter 11 Debtors
Business Summary
Corsa Coal Corp. is a coal mining company. Its primary business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets. Its coal operations are conducted through its Northern Appalachia Division based in Somerset, Pennsylvania, United States. It operates Casselman mine, Acosta mine, Horning mine, Rhoads mine, and Schrock Run Extension mine. The Casselman mine is located in Garrett County, Maryland and the Acosta, Horning, Rhoads and Schrock Run Extension mines are located in Somerset County, Pennsylvania. Its metallurgical coal sales are comprised of two types of sales: selling coal that Corsa produces, and selling coal that Corsa purchases from third-parties and may provide value added services (storing, washing, blending, loading) to make the coal saleable. It sells to customers in North America, South America, Asia and Europe. It operates two preparation plants: Cambria Plant and Shade Creek Plant.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202412/31/2023Yes-Yes--

Industries
SIC Code Description
1221 Bituminous coal and lignite surface mining
1222 Bituminous coal underground mining
5052 Coal and other minerals and ores

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board Ronald G.Stovash 1/1/2023 7/31/2013
President, Chief Executive Officer, Director Kevin M.Harrigan 5/4/2023 6/2/2015
Chief Financial Officer, Corporate Secretary Daniel M.Bonacci 5/4/2023 2/21/2022
3 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Elk Lick Energy Inc. 1576 Stoystown Road Friedens PA United States
Maryland Energy Resources, LLC 1576 Stoystown Road Friedens PA United States
Mincorp Inc. 1576 Stoystown Road Friedens PA United States
4 additional Subsidiary records available in full report.

Business Names
Business Name
Corsa Capital Ltd.
Croner, Inc.
Croner, Inc.
21 additional Business Names available in full report.

General Information
Number of Employees: 400 (As of 12/31/2023)
Outstanding Shares: 103,811,512 (As of 9/30/2024)
Stock Exchange: NEX
Federal Tax Id: 981110027
Fax Number: (416) 214-1099


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Tuesday, January 28, 2025