America West Resources, Inc. (AWSR.OB) Signs Major Supply Agreement Valued at $8.3 Million
America West Resources, a Utah-based coal mining outfit, announced the signing of a sizable coal supply agreement with a major Western-US power company. With a minimum price tag of $8.3 million, the one-year contract includes the option to purchase an additional $12.4 million worth of coal. America West's president and CEO, Alexander Walker III, had this to say: "We are delighted to become a preferred supplier of coal to this major power agency and look forward to optimizing this new relationship to strengthen our operating platform and advance America West through what is proving to be a very exciting growth…