Utica provided a $6,700,000 capital lease to two coal mines in West Virginia secured by trucks, dozers, excavators, and wheel loaders. The mines comprise both a metallurgical surface mine, featuring a coal preparation plant and a CSX rail loading facility, and a metallurgical and thermal coal surface mine, complete with a coal preparation plant. The financing enabled the Company to refinance existing assets, clear outstanding personal property taxes, and secure additional working capital.