Winsway executive director Paul Struijk did not indicate details of its targets in a Bloomberg interview on Tuesday.

“You should expect some additional activity as far as acquisitions are concerned,” he said.

Struijk confirmed to the news service that the majority of its stakeholders voted in favor of the GCC acquisition, which Winsway is taking on along with Japanese trader Marubeni.

At completion, it will own 60% while Marubeni will hold the balance of shares.

The voter approval was the deal’s last significant hurdle before the deal can close.

Struijk told Bloomberg that its next acquisitions would also be conducted with a partner, as it was looking for more opportunities with Marubeni and Peabody Energy, which holds a Winsway stake.

Meanwhile, it has big plans for GCC’s assets, as it is expecting to grow annual production from the 1.4 million metric tons it reported last year to more than 3.5 million metric tons clean.

Earlier this month, the companies received approval of the takeover from the Hong Kong Stock Exchange and extended the outside closing date for the buyout from February 28 to March 6, to provide sufficient time to complete the arrangement.

Assuming there are no issues with the final approval, the companies anticipate closing on or before March 6.

The two received approval from the Canadian industry minister, under the country’s Investment Canada Act, in early February and obtained the okay of both GCC shareholders and the Court of Queen’s Bench of Alberta in January.

GCC holds coal leases covering more than 22,000 hectares with an estimated 346Mt of coal resources in the Smoky River coalfield in Canada.

Its underground mining activity includes the No. 7 area and the No. 12 South B2 underground area.