Sydney, May 30, 2017 AEST (ABN Newswire) - Pacific American Coal Ltd (ASX:PAK) provide the AGM Presentation.

2016 Summary

Elko Coking Coal Project

Accelerated development of Elko Coking Coal

Engaged Hatch Ltd to undertake 3D mine site modelling

Engaged Palaris to prepare preliminary assessment report

Appointment of key project personnel

Commenced planning for 2017 Exploration Program

Acquired 40% of Imagine Intelligent Materials

- 20% via a $1.25M cash acquisition

- 20% via a share offer

Corporate

- Completed fund raising $2.3M - oversubscribed

- Appointed Managing Director

- Established new office and support staff

Repositioned Coal Portfolio

Finalised agreement to recover 100% of investment in GCI

To view the presentation, please visit:
http://abnnewswire.net/lnk/99P3YK20


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 Lochtenberg
Managing Director
Australia

Dom Hill
Business Development Manager
North America

Pacific American Coal Limited
Tel: +61-2-9238-1175
www.pamcoal.com



Related Companies

Pacific American Coal Ltd

ABN Newswire This Page Viewed:  (Last 7 Days: 10) (Last 30 Days: 40) (Since Published: 713) 
ANALYTICS: LOGIN HERE

Pacific American Coal Ltd NEWS: RECENT VISITS (1510)