Coalspur Mines Limited

 ASX:CPL ISIN:AU000000CPL4

Feb 10, 2012

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Coalspur Mines Limited Company Summary

 Coalspur Mines Limited is a coal exploration and development company with more than 33,200 hectares of coal exploration leases located within the Hinton region of Alberta, Canada. Coalspur's flagship coal project is the Vista Coal Project, which has the potential to be the largest export thermal coal mine in Canada. Coalspur's goal is to serve growing coal demand in Asian Pacific Rim countries, including China, Japan and Korea.
 

DIRECTORS / OFFICERS

 
Colin Steyn
Chairman
Mr Steyn has been a non-executive director of Coalspur since October 21, 2010 and his appointment as Chairman is effective immediately. Mr Steyn has over 30 years experience in the resources sector and was previously President and CEO of Toronto based LionOre Mining International Limited (“LionOre”) prior to it being acquired by Norilsk Nickel International (“Norilsk”) in 2007. He was one of the original founders of LionOre and was instrumental in the growth and development of LionOre into a major international mining house. During his time as CEO, LionOre grew from a market capitalisation of US$100 million to over US$6 billion. More recently, he was a non-executive Director of Mantra Resources Limited, until its acquisition by Uranium One Inc (“Uranium One”).
Mr Eugene (Gene) Wusaty P.Eng.
Managing Director and CEO
Prior to becoming Managing Director and Chief Executive Officer, Mr. Wusaty was President of Ivanhoe Mines' Coal Division and then Chief Operating Officer of SouthGobi Energy Resources Ltd following its acquisition of Ivanhoe Mine's Coal Division in 2006. Prior to joining Ivanhoe Mines, Mr Wusaty served as Vice President and Chief Executive Officer of Grande Cache Coal Corporation.
Ian Middlemas
non-executive
Mr Middlemas is a Chartered Accountant, a member of the Financial Services Institute of Australasia and holds a Bachelor of Commerce degree. He worked for a large international Chartered Accounting firm before joining the Normandy Mining Group where he was a senior group executive for approximately 10 years. He has had extensive corporate and management experience, and is currently a director with a number of publicly listed companies in the resources sector. Mr Middlemas was appointed a Director of the Company on 9 March 2007 and Chairman on 16 May 2007.
Mr Mark Pearce B.Bus, CA, FCIS, FFin
Non-Executive Director and Company Secretary
Mark Pearce is a Chartered Accountant and currently holds the position of Company Secretary and/or director for a number of publicly listed companies. Prior to this he worked for several large international Chartered Accounting firms and he has been in commerce for over 12 years. Mr Pearce has considerable financial and corporate expertise. He is a Fellow of Chartered Secretaries Australia and Financial Services Institute of Australasia.
Peter Breese
non-executive Director
Mr Breese has over 25 years operational experience in the global mining industry, having predominantly worked across southern Africa (South Africa, Botswana, Tanzania and Zimbabwe) and Australia in the uranium, nickel, platinum and chrome sectors. He has held a number of senior management positions in TSX and ASX publicly listed companies, including CEO of Mantra Resources, before its US$1 billion acquisition by Uranium One, Chief Executive of Norilsk, following its US$6 billion acquisition of LionOre, where he was Chief Operating Officer, as well as senior executive and board positions with Impala Platinum Holdings, Mimosa Mining Company, Zimasco and BCL. He holds a PMD from Harvard Business School. Importantly Mr Breese will provide Coalspur with access to his strong track record of successful project development and operations management and will complement the Company’s highly experienced management team as the BFS nears completion and the Vista Coal Project advances into the construction phase.
Denis Turcotte
Non-Executive Director
Mr Turcotte is a Professional Engineer with over 25 years experience and was previously the President and CEO of Algoma Steel Inc. an integrated steel producer based in Sault Ste. Marie, Ontario. Mr Turcotte oversaw the successful recapitalisation and rapid growth of Algoma which was subsequently acquired for C$1.85 billion in cash by Essar Global Limited in 2007. Mr Turcotte is currently President and CEO of a private business consulting and investing firm. He is also a director of Domtar Corp. and a member of the Advisory Board of the Brookfield Special Situations Funds. Mr Turcotte as an independent non-executive Director of the Company. Mr Turcotte is a highly regarded Canadian based corporate executive, and in 2006 was recognised as Canadian Business Magazine's Top CEO. Mr Turcotte is highly regarded by the North American investment community and brings to the Board his extensive experience as a senior executive of TSX listed and commodity based companies. Mr Turcotte will join the Company’s Audit Committee. Mr Turcotte was appointed a Director of the Company on 22 December 2010.
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Headquarters Level 9, BGC Centre 
    28 The Esplanade 
    PERTH WA 6000 
    Australia 
Company Telephone +61-8-9322-6322 
Company Fax +61-8-9322-6558 
Company Principal Sector Mining 
Company Principal Industry Mining & Metals 
Company Listed 1987/08/27 
Company Homepage www.coalspur.com
 

Key Developments: Coalspur Mines Limited
 Coalspur Mines Limited (ASX:CPL) Strategic Investor Exercises Options Following Positive BFS
FEB 3, 2012 12:12 - Article Views: 343
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that the Company's largest shareholder, the Highland Park Group ("Highland Park"), has elected to exercise its option to purchase an additional 15 million ordinary shares in the Company at an exercise price of A$0.80 per share for gross proceeds of A$12.0 million through its affiliate Borrowdale Park S.A. The election follows the recent completion of a positive feasibility study on the Company's flagship Vista Coal Project ("Vista").
 Coalspur Mines Limited (ASX:CPL) Quarterly Activities and Cashflow Reports
JAN 31, 2012 13:40 - Article Views: 160
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to present its quarterly report for the three months ending December 31, 2011.
 Coalspur Mines Limited (ASX:CPL) Vista Bankable Feasibility Study Provides Blueprint For The Largest Export Thermal Coal Mine in North America
JAN 30, 2012 11:10 - Article Views: 329
Coalspur Mines Limited (ASX:CPL) (TSX:CPT) is pleased to announce the completion of a Bankable Feasibility Study1 ("BFS") on the Company's flagship Vista Coal Project ("Vista"). The BFS follows a Pre-Feasibility Study ("PFS") which was completed in December 2010 and is the final major technical study that will be completed prior to the start of construction on Vista. The BFS was undertaken by Snowden Mining Industry Consultants Inc. and a number of internationally recognized coal industry engineering firms.
 Coalspur Mines Limited (ASX:CPL) Vista Marketable Coal Reserves Increase by 20% to 313 Million Tonnes
DEC 14, 2011 09:40 - Article Views: 379
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that the Marketable Coal Reserves of the Vista Coal Project ("Vista") has increased to 313 million tonnes ("Mt") as part of the ongoing Bankable Feasibility Study ("BFS"). This represents a 20% increase in the Marketable Coal Reserves over the 260Mt estimated in the Pre-Feasibility Study ("PFS"). The increased Marketable Coal Reserves are attributable to a larger pit limit, clean coal yield improvement and a refined mining and coal recovery plan. Following the completion of the updated reserve estimate the BFS is on schedule for completion at the end of December 2011 with publication in early 2012.
 Coalspur Mines Limited (ASX:CPL) Acquires Additional 7,296 Hectares of Coal Bearing Leases
DEC 6, 2011 12:21 - Article Views: 406
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that it has further expanded its coal lease position in the Hinton region with the acquisition of an additional 7,296 hectares of Crown Coal Leases. The new leases are located approximately 10km northwest of Coalspur's flagship project, the Vista Coal Project ("Vista"), and increases the Company's land position to 40,567 hectares. The Company believes that the new leases have the potential to contain substantial Coal Resources as the new leases are on the same geological trend as Vista.
 Coalspur Mines Limited (ASX:CPL) Signed Memorandum of Understanding with Canadian National Railway Company (TSE:CNR) to Develop Rail Logistics for Vista Coal Project
NOV 10, 2011 09:58 - Article Views: 629
Canadian National Railway Company (TSE:CNR) (NYSE:CNI) and Coalspur Mines Limited (Coalspur) (ASX:CPL) (TSE:CPT) announced today that they have signed a Memorandum of Understanding (MOU) under which they will develop a high-quality logistics supply chain to transport export thermal coal from Coalspur's Vista Coal Project (Vista) near Hinton, Alberta, to Western Canadian ports starting in 2015.
 Coalspur Mines Limited (ASX:CPL) Secures 14 Year Port Allocation for Up to 8.5MTPA
OCT 28, 2011 10:02 - Article Views: 602
Coalspur Mines Limited (ASX:CPL) is pleased to announce that it has reached an agreement with Ridley Terminals Inc. ("Ridley Terminals") on terms for the shipment of export thermal coal from Coalspur's Vista Coal Project ("Vista"). The agreement entitles Coalspur to up to 6.0 million tonnes per year ("Mtpa") of port allocation with an option for an additional 2.5Mtpa and has been structured to reflect the expected production profile of Vista. The agreement has a 14-year term that commences in January 2015 and includes an option to extend the term for an additional seven years.
 Coalspur Mines Limited (ASX:CPL) Announces Substantial 24% Increase in Vista BFS Production Rate to 11.2mtpa
OCT 20, 2011 09:42 - Article Views: 624
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that the forecast marketable coal production from the Vista Coal Project ("Vista") has increased to 11.2 million tonnes per annum ("Mtpa") as part of the ongoing Bankable Feasibility Study ("BFS"). This represents a 24% increase over the 9Mtpa estimated in the Pre-Feasibility Study ("PFS"). The increased production rate is the result of enhanced mine planning, increased clean coal yield and the optimization of mine infrastructure design. The BFS is progressing on schedule and is expected to be ready for publication in early 2012 following completion at the end of 2011.
 Coalspur Mines Limited (ASX:CPL) Significant Increase In Clean Coal Yield Confirmed By Coal Quality Test Program At Vista
OCT 17, 2011 09:29 - Article Views: 605
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce positive results from its extensive coal quality test program on the Vista Coal Project ("Vista"), which was undertaken to finalize coal quality specifications and determine the clean coal yield on Vista as part the ongoing Bankable Feasibility Study ("BFS").
 Coalspur Mines Limited (ASX:CPL) Further Strengthens Board for Development of World Class Vista Coal Project
OCT 13, 2011 09:37 - Article Views: 892
Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce the following non-executive Director appointments as the Company progresses towards development of its world class Vista Coal Project.

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  • Coalspur Mines Limited (ASX:CPL) Change in substantial holding  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Change of Director`s Interest Notice WS  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Change of Director`s Interest Notice CS  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Appendix 3B  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Change in substantial holding  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Change of Director`s Interest Notice MR  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Change of Director`s Interest Notice DM  Click to Download
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  • Coalspur Mines Limited (ASX:CPL) Change of Director`s Interest Notice DT  Click to Download
  • Coalspur Mines Limited (ASX:CPL) Change of Director`s Interest Notice GW  Click to Download
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