Vorgashorskaya Mine BOD decided to hold annual meeting Mar. 15, the company informed.
The agenda covers the annual accounting, interest-bearing deals, election of BOD and an auditor.
BOD recommended the holders to spend retained profit on the losses coverage.
CB-Audit should be affirmed as an auditor.
The Mine (TIN 1103020025) is the largest coal producer in the European regions of Russia. It develops Vorgashorskoe field in Pechora Coal Basic. In 2010 3.7mln ton of coal were extracted.
The 9-month net losses (RAS) rose 2.24 fold to 77.437mln rub. from 34.536mln rub. prior year; pretax losses being up 22.8% to 59.424mln rub. from 48.391mln rub.