Pacific American Coal, identified a 257 million tonne JORC resource at its flagship Elko Coking Coal Project. The Elko Coking Coal Project is located in the Crowsnest Coalfield of the East Kootenay Coal Basin in British Columbia, Canada. Coal from the Elko region has been tested and confirmed to contained coking properties that are sought after by [...]
Pacific American Coal is pleased to announce the Company has completed a strategic review to set a clear path forward for the Company. This review focused on - Setting the strategic direction of the company, - Prioritising the development of high value coking and metallurgical coal assets, - Maximising available cash to advance projects, and [...]
Pacific American Coal is pleased to provide its Quarterly Activities Report for the three months ended 30th June 2017. Key activities PAK engaged in during the Quarter include: - Elko Coking Coal Project o Permitting Update o Drilling Contracts and Quotes o Field Surveys o Road Use Agreements o Coal Testing and Analysis - Oklahoma Assets [...]
Pacific American Coal announced that Mr Mark Lochtenberg will step down as Managing Director with effect from July 31. Mr Mark Sykes will continue in his role as Chief Executive Officer. Mr Dominic Hill, President of the company's subsidiary, TOCC Canada, will continue to be responsible for the Canadian operations and the current exploration [...]
Pacific American Coal 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 [...]
acific American Coal is pleased to announce the Company has received the Final Study Report from Palaris Australia Pty Ltd (Palaris) on the Elko Coking Coal Project. - Palaris Australia Pty Ltd have delivered a Study Report at Elko - The Study identifies: o Favourable CAPEX when compared to international projects o Favourable OPEX when compared [...]
Pacific American Coal is pleased to provide its Quarterly Activities Report for the three months ended 31st March 2017. Key activities PAK engaged in during the Quarter include: - Appointment of Mark Lochtenberg as Managing Director - Completion of Successful Capital Raising - Elko Coking Coal Project o Commenced permitting process with BC [...]
The directors present their report, together with the financial statements, on the consolidated entity consisting of Pacific American Coal and the entities it controlled at the end of, or during, the year ended 31 December 2016. PRINCIPAL ACTIVITIES Through its controlled entity TOCC, the Company holds Coal Licences for exploration in the coking [...]
Imagine Intelligent Materials, has announced that it successfully raised $2M cash before costs in a private placement by issuing 1,333,333 new shares at $1.50 cash per share. Pacific American Coal Limited (PAK) owns 1,617,099 shares in Imagine IM and PAK's significant shareholding remains unchanged, but now represents 30% of Imagine IM's $2M [...]
Pacific American Coal is pleased to provide its Quarterly Activities Report for the three months ended 31st December 2016. Key activities PAK engaged in during the Quarter include: - Successful Capital Raising of $2,300,000 - Elko Coking Coal Project o Commenced Community and B.C. Government approvals to enhance Elko's Mineral Resource status [...]
Pacific American Coal announced today the appointment of Mr Mark Lochtenberg as Managing Director to push forward development of the Company's flagship hard coking coal project, Elko, in British Columbia, Canada. He will commence on February 1, 2017. Mr Lochtenberg has substantial global and Australian coal industry experience, including as former [...]
As announced to the ASX on Friday 21 October 2016, Pacific American Coal undertook a pro-rata non-renounceable entitlement offer of one (1) New Share in the Company for every eight (8) fully paid ordinary shares held in the Company at an issue price of A$0.10 per New Share (together with one (1) attaching New Option for every two (2) New Shares [...]