Atrum Coal is pleased to provide its Quarterly Activities Report for the period ending 31 December 2016. HIGHLIGHTS - Export Sales Joint Venture finalised with Atlantic Carbon Group - $13.5 million raised to fund further development at the Groundhog Anthracite Project, in Canada, and support ACG anthracite export sales joint venture in the USA [...]
At the Annual General Meeting on 30 November 2016, Atrum Coal shareholders approved a change to the company name and type from Atrum Coal to Atrum Coal Limited, converting from a No Liability Company to a Public Company Limited by Shares. The ASIC has now recorded the change of company name and type on 20 January 2017. The Company's ASX Code [...]
Atrum Coal is pleased to welcome Mr Chris Brown as Company Secretary, replacing Mr Theo Renard with effect from 11 January 2017. The Board thanks Mr Renard for his contribution to the Company over the past two years, and in particular, for assisting with the recent capital raise and block trade, the sales joint venture, arranging and presenting to [...]
Atrum Coal is pleased to welcome Mr Craig Burton to its Board of Directors with effect from 1 January 2017. Mr Burton has more than 25 years' experience in financing, developing and managing emerging resource projects in Australia, Canada and the UK. He has co-founded numerous resource companies. Seven resource projects co-founded by him have [...]
Atrum Coal is pleased to advise it has finalised definitive agreements with Atlantic Carbon Group with Atrum securing exclusive rights to market and sell Atlantic anthracite for export outside the United States. HIGHLIGHTS - Atrum and Atlantic Carbon agree detailed terms on Export Sales Joint Venture Peter Doyle, VP Marketing and Business [...]
Atrum Coal is pleased to announce that it has received irrevocable commitments for the placement to institutional and sophisticated investors which will result in the issuing of 27,000,000 new fully paid ordinary shares in Atrum at an issue price of $0.50 raising a total of $13,500,000. HIGHLIGHTS - Irrevocable commitments received for the [...]
Atrum Coal is pleased to provide the company's AGM Presentation. Corporate Overview Groundhog Project The world's largest undeveloped ultra-high grade anthracite deposit in British Columbia, Canada US Sales Joint Venture Atrum has agreed to form a Joint Venture with Atlantic Carbon Group to manage export sales from its anthracite mines in [...]
trum Coal is pleased to announce the appointment of Mr. Alan Ahlgren as Chief Financial Officer (CFO), commencing 15 December 2016. Mr. Ahlgren is a Chartered Professional Accountant who has extensive experience as CFO with Graphite One Resources, AQM Copper and First Coal Corporation. Before First Coal, Mr. Ahlgren served as Vice President [...]
Atrum Coal advises that non-executive directors, Mr John Wasik and Mr Steve Boulton have elected to retire with immediate effect for personal reasons, and the vacancies allow the appointment of new directors to facilitate the Company's anthracite development strategy. Bob Bell, Executive Chairman, commented: "John has elected to stand down from [...]
Atrum Coal is pleased to advise that, as per the Appendix 3b filed on 14 November 2016, the remaining 2,761,600 partly paid shares held by former director and founder, Mr Russell Moran, have been paid up, and that there are no longer any partly paid shares on issue in the Company. This has allowed the Company to put forward a resolution at the [...]
Atrum Coal, along with its joint venture partner Japan Oil, Gas and Metals National Corporation, are pleased to provide an operational update for the Company's Panorama North Anthracite Project, located in British Columbia, Canada. HIGHLIGHTS - Initial drilling program concludes at Panorama North. - Multiple coal seams intersected at Panorama [...]
Atrum Coal advises that it has agreed to form an unincorporated Joint Venture with Atlantic Carbon Group to market and sell anthracite from ACG operations. ACG is a high grade and ultra-high grade anthracite producer with operations in north eastern Pennsylvania. It operates mines and processing plants near the town of Hazleton, Pennsylvania. The [...]
