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PZC - Pan Asia News Story

A$0.002 0.0  0.0%

Last Trade - 04/02/18

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £51.5k
Position in Universe th / 1911

BRIEF-Pan Asia Corporation proposes aquisition of sizeable QLD Coal Assets

Wed 9th December, 2015 10:56pm
Dec 10 (Reuters) - Pan Asia Corporation Ltd  PZC.AX : 
 * Entered term sheet to acquire a coal operation comprising conventional coal exploration and pre development projects in the bowen basin 
 * Deal for for a purchase price of AUD $200 million via the issue of 10 billion shares in Pan Asia 
 * To acquire a coal operation from united Queensland resources 
 * Says acquisition includes a 100% interest in the Teresa Coal Project 
 
 * Source text for Eikon  ID:nASX5vJX3h  
 
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