Sydney, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) is pleased to announce the appointment of Robert W. (Bob) Bell as Executive Director and Chairman of the Company. Highlights: - Atrum appoints Bob Bell as Executive Director and Chairman - Head office moves to Canada - James Chisholm to remain a Non-Executive Director Mr Bell has had a [...]
Atrum Coal is pleased to report the Company's activities for the quarter ended 30 September 2015. Commenting on the quarterly achievements, Executive Chairman James Chisholm stated: "During the quarter, we made progress on the sale of a minority interest in the Groundhog North Mining Complex, paid over-hanging commitments related to previous [...]
Sydney, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is focused on exploring and developing anthracite in the Bowser Basin in North West British Columbia, Canada. The Company has other metallurgical coal exploration properties as well at Bowron River and a joint venture with Altitude Resources (CVE:ALI) on the Elan Coking [...]
Atrum Coal is pleased to report progress at the Company's flagship Groundhog Anthracite Project, located in British Columbia. Highlights: - Supply constraints reduce global anthracite supply by 27% - High-grade anthracite currently priced between $150/t-$175/t, a 100% premium to hard coking coal - Scoping study at Groundhog North Mining Complex [...]
Atrum Coalis pleased to announce the closure of a A$3m institutional investor discretionary placement on the same terms as the recent Entitlement Issue. The discretionary placement was made pursuant to the prospectus dated 3 August 2015, as supplemented by the supplementary prospectus dated 25 August 2015. HIGHLIGHTS - Closure of a A$3m [...]
Atrum Coal has today released a supplementary prospectus to the prospectus lodged on 3 August 2015 to cater for the increased demand for placement shares. Hihglights: - Recently closed entitlement offer 98.47% taken up by existing shareholders - Favourable response to placement leads Atrum to increase discretionary placement by $2 million The [...]
Atrum Coal is pleased to announce an updated in-situ coal Resource Statement for the Company's flagship Groundhog Anthracite Project, located in British Columbia. HIGHLIGHTS - Additional Coal Resource Estimate of 407Mt (259Mt Indicated; 147Mt Inferred) in a new potential mining domain at East of Skeena within Groundhog North - New coal quality [...]
Atrum Coal is pleased to report the Company's activities for the quarter ended 30 June 2015 in relation to its flagship Groundhog Anthracite Project and development of the Groundhog North Mining Complex located in British Columbia, Canada. HIGHLIGHTS Groundhog Anthracite Project: - Groundhog offtake negotiations continue - Scoping study on [...]
Atrum Coal is pleased to announce a one (1) for 17 fully underwritten non-renounceable entitlement offer of fully paid ordinary shares in Atrum, together with one (1) new free option for every two (2) new shares subscribed for under the Entitlement Offer. Each new option is exercisable for one (1) share at $0.80 ("Entitlement Offer"). Highlights [...]
Atrum Coal is pleased to welcome Bob Bell and John Wasik to the Board of Directors. Commenting on the appointment, Executive Chairman, James Chisholm said: "Bob and John bring a wealth of experience in mine development and management, coal marketing and logistics, and low impact high-wall mining operations. "Bob has significant experience in [...]
Atrum Coal is pleased to announce it has signed a binding Equipment Finance Agreement with China Coal Technology & Engineering Group Corp for the supply and finance of anthracite mining equipment to facilitate development at Groundhog North, part of the Company's flagship Groundhog Anthracite Project, located in British Columbia, Canada. Atrum's [...]
Atrum Coal is pleased to report the Company's activities for the quarter ended 31 March 2015 in relation to its flagship Groundhog Anthracite Project and the advanced development of the Groundhog North Mine located in British Columbia, Canada. HIGHLIGHTS Groundhog Anthracite Project: Supplementary PFS at Groundhog North Mine Delivers $1.7Bn [...]
