Timothy Bergen, president of Radar Acquisitions, said: “This name change will provide more clarity to the marketplace as our activities and operations have transitioned from an exploration company to a focused coal development, and more importantly, coal producing company.
“The reference to our geographical reach, Canada (Can) and the US (Am), is also a key aspect of the growth strategy of our company.”
Radar is a focused on growth through the acquisition, exploration and development of coal resources and resource-related technologies.
The company’s main activities and assets include its 49% owned Alabama coal mine operations, the exclusive rights to a proprietary Coal to Liquids technology that converts coal into liquid fuels, and the Buick Coal Project that holds coal resources, 188 million indicated and 103 million inferred resources, in Colorado, USA.
