Stanmore Coal Limited (ASX:SMR) is pleased to announce that it has completed a $15 million equity raising to replenish the Company's working capital available for pre-strip and inventory stockpile build. This will improve the efficiency of operations and also provide an important buffer to finished inventory ensuring product availability for sales.
Pacific American Coal (ASX:PAK) undertook a pro-rata non-renounceable entitlement offer of one New Share in the Company for every eight fully paid ordinary shares held in the Company at an issue price of A$0.10 per New Share to raise up to approximately A$1.8 million. Far East Capital Limited (FEC) agreed to act as Lead Manager and Underwriter to the Entitlement Offer.
Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is pleased to provide the company's AGM Presentation.
Stanmore Coal Limited (ASX:SMR) is pleased to provide the company's Managing Director Report.
Stanmore Coal Limited (ASX:SMR) is pleased to provide the company's Chairman Address to AGM.
Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is pleased to announce the appointment of Mr. Alan Ahlgren as Chief Financial Officer, commencing 15 December 2016. Mr. Ahlgren is a Chartered Professional Accountant who has extensive experience as CFO with Graphite One Resources Inc., AQM Copper Inc. and First Coal Corporation.
Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) 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.
