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GENERAL INFORMATION
Westmoreland is committed to providing timely, complete and accurate information to all shareholders in compliance with all SEC regulations and in particular, Regulation FD (full disclosure). The Company believes that a conservative approach to dissemination of information is especially prudent considering many events may be material to the Company, given its current size, the limited number of shares in the public float, and the new regulatory environment. Accordingly, Westmoreland does not provide earnings projections at this time. Westmoreland encourages current and potential investors to carefully read its publicly available documents, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Forms 8-K, proxy statements and news releases, prior to making investment decisions. Many of these documents are available in this section, or you may contact us to receive copies by mail. A Meeting of Stockholders is held annually generally during the month of May. Proxy materials are mailed to shareholders in preparation for the meeting. The 2010 Meeting of Stockholders was held on May 20, 2010. About Our Website
The documents contained in or directly accessible from this Web site contain “forward-looking statements.” Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “estimates,” “expects” and similar references to future periods. Examples of forward-looking statements include, but are not limited to, statements we make in the documents contained in or directly accessible from this Web site regarding our expected increase in tons of coal to be delivered, the amount of our coal that will be subject to purchase contracts through 2019, an expected decrease in heritage health benefit expenses, cash payments and administrative costs, a reduction in cash receipts and the impact on our revenues due to a change in the rate charged by our ROVA plant, an expected decrease in pension expenses, an expected increase in our required pension plan contributions, an expected increase in our depreciation expense, anticipated capital investments and how such investments will be funded, an expected increase in our restricted investments and bond collateral, an expected reduction in our repayment obligations, and our expectation that our cash from operations and available borrowing capacity will be sufficient to meet our working capital and bonding requirements, planned capital expenditures and debt payments for the foreseeable future and other factors identified in our most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. We disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date such statement was first made. |
