Stanmore Coal Limited (ASX:SMR) September 2016 Quarterly Report
Stanmore Coal Limited (ASX:SMR) is pleased to provide its September 2016 Quarterly Production Report.
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Coal
Pacific American Coal Ltd (ASX:PAK) Receipt of Initial $130,000 from Sale of GCI Interest
Pacific American Coal Ltd (ASX:PAK) is pleased to announce the Company has received an initial payment from the sale of its interest in GCI. The initial payment of $130,000, received earlier than anticipated, is part of a payment plan that will see the Company recover 100% of its $1,000,000 investment in GCI. The outstanding balance, starting at $870,000 will attract an 8% interest rate from 15 Jan 2017, and is payable over a 24 month period. Late payments will attract an additional 4% penalty rate.
Pacific American Coal Ltd (ASX:PAK) Non-renounceable Entitlement Offer to Raise Approx $1.8M
Pacific American Coal Limited (ASX:PAK) (PAK or Company) announces that it intends to undertake a one for eight pro rata non-renounceable entitlement offer of fully paid ordinary shares in PAK to raise approximately $1.8 million.
Stanmore Coal Limited (ASX:SMR) Material Increase to Quarterly Coking Coal Benchmark
Stanmore Coal Limited (ASX:SMR) notes that the December 2016 quarterly benchmark price for semi-soft coking coal has been settled between leading Australian producers and steel mill customers. The settlement has been published by the Platts Coal service and other providers today.
Pacific American Coal Ltd (ASX:PAK) Imagine IM Expands Graphene Commercialisation Markets
Pacific American Coal Ltd (ASX:PAK) is pleased to provide shareholders the latest Imagine Intelligent Materials update. PAK holds a 40% equity interest in Imagine IM, which forms the cornerstone of the Company's investment into technology companies. Imagine IM is focused on delivering value through the commercialisation of graphene based technologies.
Atrum Coal NL (ASX:ATU) Commences Drilling at Panorama North
Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is pleased to announce that it, along with its joint venture partner Japan Oil, Gas and Metals National Corporation ("JOGMEC"), has commenced exploration drilling at the Panorama North Project in British Columbia, Canada ("Panorama North").
Pacific American Coal Ltd (ASX:PAK) Imagine IM and Austeng Win AEEA Victoria Innovation Award
Pacific American Coal Ltd (ASX:PAK) is pleased to provide shareholders the latest Imagine Intelligent Materials (Imagine IM) update. At the Australian Engineering Excellence Awards (AEEA) Victoria Awards ceremony in Melbourne last night, Austeng and Imagine IM were jointly honoured at the Australian Engineering Excellence Awards, Victoria with the award for Innovation, Research and Development.
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