News & Videos - ATRUM COAL LIMITED

Sydney, Australia (ABN Newswire) - Atrum Coal Ltd (ASX:ATU) (OTCMKTS:ATRCF) ("Atrum" or the "Company") is pleased to provide its Quarterly Activities Report for the period ending 31 December 2016. HIGHLIGHTS - Export Sales Joint Venture finalised with Atlantic Carbon Group PLC ("ACG") - $13.5 million raised to fund further development at the Groundhog Anthracite Project, in Canada, and support ACG anthracite export sales joint venture in the USA - At 31 December 2016, the Company had $11.5m cash...

Sydney, Australia (ABN Newswire) - At the Annual General Meeting on 30 November 2016, Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) shareholders approved a change to the company name and type from Atrum Coal NL to Atrum Coal Limited ("Atrum" or the "Company"), converting from a No Liability Company to a Public Company Limited by Shares. The ASIC has now recorded the change of company name and type on 20 January 2017. The Company's ASX Code: ATU, its ACN 153 876 861 and its Registered Office of Level...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to welcome Mr Chris Brown as Company Secretary, replacing Mr Theo Renard with effect from 11 January 2017. The Board thanks Mr Renard for his contribution to the Company over the past two years, and in particular, for assisting with the recent capital raise and block trade, the sales joint venture, arranging and presenting to investors and advising the Board throughout his tenure. The...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to welcome Mr Craig Burton to its Board of Directors with effect from 1 January 2017. Mr Burton has more than 25 years' experience in financing, developing and managing emerging resource projects in Australia, Canada and the UK. He has co-founded numerous resource companies. Seven resource projects co-founded by him have advanced from exploration into production, including two that...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to advise it has finalised definitive agreements with Atlantic Carbon Group PLC ("Atlantic") with Atrum securing exclusive rights to market and sell Atlantic anthracite for export outside the United States. HIGHLIGHTS - Atrum and Atlantic Carbon agree detailed terms on Export Sales Joint Venture Peter Doyle, VP Marketing and Business Development, commented: "We are very pleased to...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ACN 153 876 861 ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to announce that it has received irrevocable commitments for the placement to institutional and sophisticated investors which will result in the issuing of 27,000,000 new fully paid ordinary shares in Atrum at an issue price of $0.50 raising a total of $13,500,000 ("Placement"). HIGHLIGHTS - Irrevocable commitments received for the placement of $13,500,000 at $0.50 per...

Sydney, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is pleased to provide the company's AGM Presentation. Corporate Overview Groundhog Project The world's largest undeveloped ultra-high grade anthracite deposit in British Columbia, Canada US Sales Joint Venture Atrum has agreed to form a Joint Venture with Atlantic Carbon Group to manage export sales from its anthracite mines in Pennsylvania, USA Management In-country team led by Executive Chairman Bob Bell Atrum...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or "The Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to announce the appointment of Mr. Alan Ahlgren as Chief Financial Officer (CFO), 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. Before First Coal, Mr. Ahlgren served as Vice President Finance with Kinross Gold Corporation. He is a graduate...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or "The Company") (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. Bob Bell, Executive Chairman, commented: "John has elected to stand down from both the Atrum Coal NL and Kuro Coal Ltd boards for personal...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or 'The Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to advise that, as per the Appendix 3b filed on 14 November 2016, the remaining 2,761,600 partly paid shares held by former director and founder, Mr Russell Moran, have been paid up, and that there are no longer any partly paid shares on issue in the Company. This has allowed the Company to put forward a resolution at the upcoming Annual General Meeting for shareholders to vote on...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF), along with its joint venture partner Japan Oil, Gas and Metals National Corporation ("JOGMEC"), are pleased to provide an operational update for the Company's Panorama North Anthracite Project ("Panorama North"), located in British Columbia, Canada. HIGHLIGHTS - Initial drilling program concludes at Panorama North. - Multiple coal seams intersected at Panorama North. - Two drill rigs completed...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or "The Company") (ASX:ATU) (OTCMKTS:ATRCF) advises that it has agreed to form an unincorporated Joint Venture (the "Sales Joint Venture") with Atlantic Carbon Group PLC (FRA:SR0)("ACG") to market and sell anthracite from ACG operations. ACG is a high grade and ultra-high grade anthracite producer with operations in north eastern Pennsylvania, USA. It operates mines and processing plants near the town of Hazleton, Pennsylvania. The Sales...

Sydney, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) is pleased to provide the company's Annual Report 2016 to shareholders. OPERATIONS REVIEW Company Overview The company is an emerging metallurgical coal explorer and developer. The Company has a substantial coal position in British Columbia, Canada which, as a region boasts: - Abundance of high quality anthracite coals - Well-developed rail and port infrastructure with excess capacity - Access to deep sea ports -...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to provide its Quarterly Activities Report for the period ending 30 September 2016. HIGHLIGHTS - Atrum secures an additional 42 coal licences from the British Columbia Government, following conversion of all license applications, for its Groundhog Anthracite Project, more than doubling the area of exclusive coal exploration and development rights. - Atrum signs Joint Exploration...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (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"). HIGHLIGHTS - Atrum, and its joint venture partner Japan Oil, Gas and Metals National Corporation ("JOGMEC"), has commenced exploration drilling at Panorama...

Sydney, Australia (ABN Newswire) - Atrum Coal NL (ASX:ATU) (OTCMKTS:ATRCF) directors present their report on the consolidated entity consisting of Atrum Coal NL and the entities it controlled at the end of, or during, the year ended 30 June 2016. Throughout the report, the consolidated entity is referred to as the group. OPERATING AND FINANCIAL REVIEW Review of Operations A review of operations for the year, and the results of those operations is contained within the company review. Operating...

Sydney, Australia (ABN Newswire) - Atrum Coal NL ("Atrum" or the "Company") (ASX:ATU) (OTCMKTS:ATRCF) is pleased to announce that it has assisted Atlantic Carbon Group PLC (ACG) with the preparation of an announcement under Rule 2.4 of the UK Takeover Code which confirms that Atrum has approached ACG in relation to making a possible takeover offer for all of the shares issued by ACG. HIGHLIGHTS - Under Rule 2.4 of the UK City Code on Takeovers and Mergers (the "UK Takeover Code"), Atlantic...