Compliance Energy Corp. (TSXV:CEC) and LG International Investments (Canada) Ltd. agreed to acquire an additional unknown stake in Comox Joint Venture from I-Comox Coal Inc. on July 29, 2014. Under the terms of the agreement, Itochu will withdraw from the Comox Joint Venture.

A condition of Compliance Energy and LG International acquiring I-Comox's interest is finalization of certain conditions which include the transfer of land titles and payment of I-Comox's proportional share of prior expenditures.