Pan Asia Corporation Limited (ASX:PZC) Executives Return From Coaltrans Conference

Perth, June 21, 2010 AEST (ABN Newswire) - Pan Asia Corporation Ltd (ASX:PZC) are very pleased to announce the overwhelming response the Company's executives received at the recent CoalTrans conference held in Indonesia.

As the leading coal conference in Asia, it was a significant networking event for all participants and the Company held productive meetings with many of the leading groups in the Asian coal industry. These involved providing updates on the Company's progress in building a pipeline of emerging coal resources as well as related near term offtake opportunities.

CEO Alan Hopkins said "We had a terrific few days of back-to-back meetings with many key industry players and the strong level of interest in our project opportunities was very energising.

We look forward to building solid commercial relationships with these groups going forward."

Pascal Skelin, the CEO of Rockfield Resources, which is responsible for marketing and selling thermal coal on behalf of the Company, also attended the conference. Mr Skelin commented "Rockfield Resources is looking forward to finalising the first offtake arrangement for Pan Asia.

We feel very confident that the response to date will assist the Company in fast tracking its other mining opportunities."

The Company aims for the shareholder meeting for the planned acquisition of Innovation West to be called shortly.

Contact

Alan G. Hopkins Chief Executive Officer Pan Asia Corporation Tel: +61-8-9381-5819