Corsa Coal Corp. (TSXV: CSO) (OTCQX: CRSXF) today reported that the previously announced $25 million five-year secured term loan between certain of its subsidiaries, as borrowers, and KeyBank National Association, as lender, under the Main Street Lending Program established by the board of governors of the U.S. Federal Reserve System, has closed and has been funded.

For further details regarding the Term Loan, including its terms and conditions and the Company's anticipated use of proceeds, please see the Company's December 21, 2020 press release.

Information about Corsa

Corsa is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel. Our core business is producing and selling metallurgical coal to domestic and international steel and coke producers in the Atlantic and Pacific basin markets.