StockMarketWire.com reported that African focused Continental Coal has agreed a landmark deal with Sishen Iron Ore Company Community Development Trust, an established and highly successful broad based black economic empowerment company.

Sishen Iron Ore Company Community Development Trust has acquired a 26% interest in ontinental Coal Limited (South Africa).

Mr Don Turvey CEO of Continental Coal said that "Our partnership with the Sishen Iron Ore Company Community Development Trust is a landmark agreement for us and will transform the Company's business activities and opportunities in South Africa. We welcome SIOC-cdt as our partners and believe together we will grow this business significantly in the coming years for all stakeholders."

(Sourced from StockMarketWire.com)