Bowie Resource Partners Announces Resignation Of John Siegel

LOUISVILLE, Ky., March 28, 2018 /PRNewswire/ -- The Board of Directors of Bowie Holdings, LLC ("Bowie Holdings"), the holding company of Bowie Resource Partners, LLC ("BRP", and together with Bowie Holdings and their subsidiaries, collectively, the "Company"), has announced that John Siegel has resigned from the Company to work on other coal related opportunities, including acquisitions, Section 45 tax credit transactions and terminal facilities.  "We wish John the best in his future endeavors," said Carlos Pons, the Co-Chief Executive Officer of the Company and a member of the Board of Directors.   

The Company will continue to be controlled by Galena US Holdings, Inc., a subsidiary of Galena Private Equity Resource Fund and an affiliate of Trafigura PTE LTD, one of the largest commodity trading firms in the world.  The Company owns and operates three (3) underground coal mines in Utah and is the leading Western Bituminous coal producer, with approximately 13.5 million tons of budgeted coal sales in the 2018 calendar year. The Company's mines produce clean-burning, low-sulfur thermal coal for consumption by domestic power generators in Utah, domestic industrial customers and the growing economies of the Pacific Rim.

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SOURCE Bowie Resource Partners, LLC