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Last updated on April 16, 2014 at 17:34 EDT

Latest Pacific Coal Resources Ltd. Stories

2013-05-17 08:20:58

TORONTO, May 17, 2013 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) is pleased to announce the receipt of an executed subscription agreement in respect of its previously announced US$ 4 million private placement (see press release dated May 8, 2013). Pacific Power Generation Corp., a company existing under the laws of the Republic of Panama, is the sole subscriber under the private placement and is not currently a shareholder of the company. The private placement is subject...

2013-05-08 08:24:20

TORONTO, May 8, 2013 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) is pleased to announce a proposed private placement of units, each unit consisting of one common share of Pacific Coal and one common share purchase warrant of Pacific Coal at a price of C$1.10 per unit for aggregate proceeds of US$4,000,000. Each warrant entitles the holder to purchase one common share of the Company at an exercise price of C$1.10 for a period of five years from the date of issuance. The...

2013-02-19 08:24:34

TORONTO, Feb. 19, 2013 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) announces the voluntary delisting of 74,749,976 warrants, being all of the Company's warrants currently trading on the TSX Venture Exchange under the symbol PAK.WT. Due to the minimal trading volume of the warrants, the Company is electing to delist the warrants to further its ongoing cost reduction initiative undertaken in 2012. The warrants are expected to be delisted at market close on March 18, 2013,...

2012-12-05 08:22:16

TORONTO, Dec. 5, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) announces a strategic update, including significant advances in the La Caypa underground initiative, a re-focusing of operations at the Cerro Largo property, signing of an agreement relating to La Tigra exploration, signing of the Barranquilla port sale MOU and an update regarding the cost reduction program. Management believes Pacific Coal's strategic re-focus is positioning the Company towards significantly...

2012-10-09 23:20:10

TORONTO, Oct. 9, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) announced today that the Company's Chief Executive Officer, Mr. Luis Carvajales, has tendered his resignation, effective immediately. The Company would like to thank Mr. Carvajales for his service and valuable contribution to the Company and wishes him well in his future endeavours. The duties of the Chief Executive Officer will be assumed by the Company's recently appointed Executive Chairman, Mr. Hernan...

2012-09-07 02:21:03

TORONTO, Sept. 7, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) is pleased to announce the appointment of Mr. Hernan Martinez as a director and Executive Chairman of the Company, effective immediately, to replace the Company's current Co-Chairmen, Mr. Serafino Iacono and Mr. Miguel de la Campa. Messrs. Iacono and de la Campa have tendered their resignation as Co-Chairmen but will continue on in their role as directors of the Company. Mr. Martinez has served as the...

2012-08-29 22:20:26

TORONTO, Aug. 30, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) has filed its unaudited interim condensed consolidated financial statements for the three and six months ended June 30, 2012, together with its management's discussion and analysis ("MD&A") for the corresponding period. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. These documents will be posted on the Company's website at www.pacificcoal.ca and under the...

2012-08-14 02:24:03

TORONTO, Aug. 14, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) announced today that two of its directors, Mr. Serafino Iacono and Mr. Ronald Pantin have purchased 535,500 and 1,110,000 common shares of the Company, respectively, on the open market at an average price of $0.1675 and $0.1748, respectively. In addition to the common shares owned, directly or indirectly, by each of them prior to their appointment as directors of the Company, they collectively now own,...

2012-07-04 14:20:16

TORONTO, July 4, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) has announced today that in an effort to reduce the general and administrative expenses of the Company and recognizing that the size of the board of directors of the Company is larger than other comparable companies of similar size, Federico Restrepo and Laureano von Siegmund, have resigned from the board of directors of the Company. Luis Carvajales, Chief Executive Officer of Pacific Coal, said, "On behalf...

2012-06-27 18:20:11

TORONTO, June 27, 2012 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) has announced today that Patricia Herrera has been appointed the new Chief Financial Officer of the Company. Ms. Herrera replaces Miguel Velasquez, who has tendered his resignation as Chief Financial Officer of the Company. Ms. Herrera has previously been retained by the Company as a financial consultant. She is a founding member of the firm Estudios y Consultorías S.A. and provides financial...