VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 16, 2014) - EastCoal Inc. (TSX VENTURE:ECX)(AIM:ECX) ("the Company" or "EastCoal") announces that on January 10, 2014 the Company and its wholly-owned, Cyprus incorporated subsidiary, Gramsico Holdings Ltd. ("Gramsico") entered into share purchase agreements with an Austrian based company, EFI Holding
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