Dec 1 (Reuters) - Allegiance Coal Ltd AHQ.AX :
* ENTERED COAL OFF-TAKE CONTRACT WITH MAYS MINING OF ALABAMA
* UNDER AGREEMENT, CO TO ACQUIRE 60,000 TONNES/MONTH OF HIGH SULPHUR, HIGH-VOL 'A' HARD COKING COAL FOR 4 YEARS
* WILL RAIL AROUND 65,000 TONNES/MONTH OF NEW ELK HIGH-VOL 'B' HARD COKING COAL TO CONVENT MARINE TERMINAL, NEW ORLEANS