Australian Pacific Coal Issues New Shares

Australian Pacific Coal Limited (AU:AQC) has released an update.

Australian Pacific Coal Limited has issued 57,435,723 new ordinary shares at A$0.12 each, as part of a placement previously announced, bypassing the standard disclosure requirements under the Corporations Act. The company is in compliance with the Act’s relevant provisions, and there is no excluded information that must be disclosed in relation to the new shares. Australian Pacific Coal Limited is known for its Dartbrook Coal Mine in the Hunter Valley, which produces high-quality thermal coal and has potential for semi-soft metallurgical coal.

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