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) is focused on the production, development and exploration of metallurgical coal assets in North America. The Company's strategic focus is on the 100% owned Elko hard coking coal project in British Columbia and its investments in technological advanced opportunities. PAK has 100% ownership in a total of 6 Coal Leases in the East Kootenay Coal Field in British Columbia - Canada and tenements in application in low volatile bituminous region of the Arkoma coal basin in Oklahoma.

 


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



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