Perth, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) advises that it has issued 1,000,000 fully paid ordinary shares to satisfy the Company's obligations pursuant to the Licence Acquisition Agreement between Anglo Pacific PLC, Panorama Coal Corporation, Kuro Coal Panorama Inc. and Atrum Coal Groundhog Inc.
These securities are subject to 18 months escrow from the date of issue, with such escrow ending on or about 2 March 2016.
In accordance with ASX Listing Rules and the Corporations Act 2001, Atrum Coal NL provides the following documents:
(a) ASX Appendix 3B; and
(b) A notice under section 708A(5)(e) of the Corporations Act 2001 ("Cleansing Statement") in relation to the issue of 1,000,000 fully paid ordinary shares.
To view, please visit: http://media.abnnewswire.net/media/en/docs/ASX-ATU-690650.pdf
About Atrum Coal NL:
Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is an emerging metallurgical coal explorer and developer.
The Company has a substantial coal position in British Columbia which, as a region boasts:
- Abundance of high quality PCI, coking and anthracite coals - Well developed rail and port infrastructure with excess capacity - Access to deep sea ports - Competitive shipping distance to Asia - Positive government stance on mining
The Company is building a quality portfolio of metallurgical coal assets suited to the Asian export market and the Board of Directors have a strong track record in identifying and developing world class coal assets in Australia and abroad.
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Perth, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) advises that it has issued 1,000,000 fully paid ordinary shares to satisfy the Company's obligations pursuant to the Licence Acquisition Agreement between Anglo Pacific PLC, Panorama Coal Corporation, Kuro Coal Panorama Inc. and Atrum Coal Groundhog Inc.
