NEMI Northern Energy & Mining Inc. ("NEMI") held a 12% interest in the Peace River Coal Limited Partnership ("PRC"), which operates the Trend Mine and owns substantial metallurgical coal properties near Tumbler Ridge in northeastern British Columbia. On September 28, 2011, NEMI sold its PRC interest for $73 million.
December 28 2011 - NEMI Announces Results of Substantial Issuer Bid