Pacific Coal is pleased to announce a proposed private placement of units, each unit consisting of one common share of Pacific Coal and one common share purchase warrant of Pacific Coal at a price of C$1.10 per unit for aggregate proceeds of US$4,000,000. Each warrant entitles the holder to purchase one common share of the Company at an exercise [...]
Pacific Coal has filed today its audited annual consolidated financial statements for year ended December 31, 2012, together with its management's discussion and analysis and annual information form for the corresponding period. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. These documents will be [...]
Pacific Coal is pleased to announce the consolidation of its issued and outstanding common shares on a one-for-seven basis as authorized by its shareholders at the Company's special meeting of shareholders held on March 11, 2013. The consolidation is being effected to reduce volatility in the stock and to make it more attractive to institutional [...]
Pacific Coal announces the voluntary delisting of 74,749,976 warrants, being all of the Company's warrants currently trading on the TSX Venture Exchange under the symbol PAK.WT. Due to the minimal trading volume of the warrants, the Company is electing to delist the warrants to further its ongoing cost reduction initiative undertaken in 2012. The [...]
Pacific Coal announces a strategic update, including significant advances in the La Caypa underground initiative, a re-focusing of operations at the Cerro Largo property, signing of an agreement relating to La Tigra exploration, signing of the Barranquilla port sale MOU and an update regarding the cost reduction program. Management believes Pacific [...]
