Sydney, Oct 14, 2016 AEST (ABN Newswire) - Pacific American Coal Limited (ASX:PAK) is pleased to provide shareholders the latest Imagine Intelligent Materials (Imagine IM) update. PAK holds a 40% equity interest in Imagine IM, which forms the cornerstone of the Company's investment into technology companies. Imagine IM is focused on delivering value through the commercialisation of graphene based technologies.

The Imagine IM Market Update - includes the following highlights:

- Imagine IM is expanding the commercialisation opportunities for graphene into thermoplastic compounds

- MoU signed with Duromer Group (Sydney-based Duromer Products together with Vietnamesebased DuroColour Ltd)

- Target market is permanent anti-static and static-dispersive coloured thermoplastics for pipes, packaging and consumer plastics

- Together Imagine IM and Duromer Group will deliver economically competitive static-dispersive polymers into new market verticals

For information further on the Imagine IM Market Update, please contact:

Chris Gilbey OAM
Chief Executive Officer
Imagine Intelligent Materials Pty Ltd
By visiting http://imgne.com/

To view the announcements, please visit:
http://abnnewswire.net/lnk/F595W2W4

About Pacific American Coal Ltd

Pacific American Coal Limited ASX PAKPacific American Coal Ltd (ASX:PAK) flagship Elko Coal Project contains an identified Mineral Resource of 257 million tonnes of hard coking coal. It is located in the Crowsnest Coalfield of the East Kootenay Basin in British Columbia, Canada, which hosts a number of operational coal mines. Coal from the Elko region has been tested and confirmed to contain properties sought after by South East Asian steel mills. It has established geographically proximate infrastructure and supportive local communities.

 


Contact

Mark Sykes
Chief Executive Officer
Australia

Dom Hill
Business Development Manager
North America

Pacific American Coal Limited
Tel: +61-2-9252-5300
Fax: +61-2-9252-8400
www.pamcoal.com



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