CanAm Holds AGM, Appoints New Director and Provides Corporate Update
ACCESSWIRE - Wed Mar 12, 9:15AM CDT
Calgary, AB / ACCESSWIRE / March 12, 2014 / CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") held its Annual General and Special Meeting of Shareholders (the "AGM") on February 28, 2014 and is pleased to announce that all of the resolutions put forth at the AGM were approved with all resolutions receiving greater than 97% of the votes received for the resolution. The six members of the board of directors re-elected at the meeting are Jonathan Legg, Timothy J. Bergen, Robert G. Power, Timothy Nakaska, Steve Somerville and Jos De Smedt. Mr. Thomas Lewis was appointed as a new director to the Board. Information concerning the directors who were elected at the meeting and the matters that were approved by shareholders at the meeting can be found in CanAm's information circular dated January 21, 2014 and filed on SEDAR on February 18, 2014.
CanAm forecasts 2014 sales of between 750,000 to 900,000 tons
ACCESSWIRE - Tue Feb 18, 7:42AM CST
Calgary, AB - February 18, 2014 - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") is pleased to provide an update on sales volumes, contracting and pricing for the fiscal year ending December 31, 2014.
CanAm Coal Corp achieves record 2013 sales; up 22% over 2012
ACCESSWIRE - Mon Feb 03, 7:01AM CST
Calgary, AB - February 3, 2014 - CanAm Coal Corp. (TSXV: COE), (OTCQX: COECF) ("CanAm" or the "Company") is pleased to report full year 2013 coal sales of 682,000 tons. This compares to sales of 560,000 tons in the prior year, an increase of 122,000 tons or 22%. This increase is a result of the strength of our long term customer base and the addition of new contracts that the Company obtained in 2013.
CanAm Renews Customer Contracts for 2014 and Beyond
ACCESSWIRE - Tue Jan 07, 8:40AM CST
Calgary, AB - January 7, 2014 - CanAm Coal Corp. (TSXV: COE) (OTCQX: COECF) ("CanAm" or the "Company") is pleased to report that it has renewed two customer contracts that expired on December 31, 2013. Both contracts are with industrial users and total contracted volume for 2014 is 96,000 to 120,000 tons at pricing which is either the same or slightly up from 2013. One of the customers increased its volume commitment for 2014 by 50%. Also, one contract extends into 2017 which include price escalation provisions for each of the contract years.
CanAm Sells a Record 195,750 tons and Reports Record Revenue of $17.9 million in Q3, an increase of 24% and 21%, respectively, over Q2 2012
ACCESSWIRE - Thu Nov 28, 8:48AM CST
Calgary, AB - November 28, 2013 - CanAm Coal Corp. (TSXV: COE) (OTCQX: COECF) ("CanAm" or the "Company") has filed its condensed interim consolidated financial statements and related management discussion and analysis for the period ended September 30, 2013. These Q3 2013 financial statements include a restatement of the comparative Q3 2012 financials which is discussed in detail in the Q3 Management & Discussion Analysis ("MD&A"). Definitions of commonly used non-IFRS financial measures (EBITDA from operations and Free Cash Flow) are included at the end of this press release.
CanAm Grants Stock Options
GlobeNewswire - Tue Sep 10, 12:05PM CDT
CanAm Coal Corp. (TSX-V:COE) (OTCQX:COECF) ("CanAm" or the "Company") announces that, subject to regulatory approval, on August 27, 2013, it granted a total of 1,650,000 options to officers and directors of the Company to purchase common shares of the Company in accordance with the Company's stock option plan. The options expire ten years from the date of grant and will vest at a rate of one sixth every three months. The options have an exercise price of $0.10 per common share.
CanAm Repays $450,000 of its $1,085,000 Aug 2013 Unsecured Debenture and Amends the Terms on the Balance Outstanding
Marketwire - Fri Sep 06, 8:01AM CDT
CanAm Coal Corp. ("CanAm" or the "Company") (TSX VENTURE: COE)(OTCQX: COECF) is pleased to announce that it has entered into a First Amending Agreement with certain of its debenture holders, which amends certain terms of an Unsecured Convertible Debenture maturing August 31, 2013 as follows:
CanAm Reports Record Revenue of $15.6 Million and Delivers $2.6 Million of EBITDA from Operations, an Increase of 40% Over Q1 2013
Marketwire - Fri Aug 30, 12:24PM CDT
CanAm Coal Corp. (TSX VENTURE: COE)(OTCQX: COECF) ("CanAm" or the "Company") has filed its condensed interim consolidated financial statements and related management discussion and analysis for the period ended June 30, 2013. These Q2 2013 financial statements include a restatement of the comparative Q2 2012 financials which is discussed at the end of this press release. Definitions of commonly used non-IFRS financial measures (EBITDA from operations and Free Cash Flow) are also included at the end of this press release.
CanAm Sells a Record 67,500 Tons in July 2013, a 20% Increase Over the Average Monthly Sales of 56,000 Tons in Q2
Marketwire - Mon Aug 26, 8:03AM CDT
CanAm Coal Corp. (TSX VENTURE: COE)(OTCQX: COECF) ("CanAm" or the "Company") is pleased to report preliminary coal sales for the month of July 2013 of approximately 67,500 tons. This establishes another record for the Company and represents a 10% increase over June sales of approximately 61,500 tons. With initial mine development and transition now completed, monthly production/sales from the Company's four mines should be between 60,000 to 70,000 tons per month. This represents a substantial increase from average actual Q1 and Q2 sales of approximately 50,000 and 56,000, respectively.
CanAm Reports Record Q2 Coal Sales
Marketwire - Tue Jul 16, 8:04AM CDT
CanAm Coal Corp. (TSX VENTURE: COE) (OTCQX: COECF) ("CanAm" or the "Company") is pleased to report coa l sales for the quarter ended June 30, 2013. Consolidated Q2 2013 coal sales were 167,500 tons, the best results in the Company's history. Sales were up 12% over the first quarter and 28% over the prior year. For the six month period ended June 30, 2013, sales were 317,000 tons as compared to 248,000 tons or an increase of 28% on a year to date basis.
CanAm Coal Corp.: CanAm Coal Completes $1,050,000 Private Placement
Marketwire - Fri Jun 21, 8:32AM CDT
CanAm Coal Corp. (TSXV: COE) (OTCQX: COECF) ("CanAm" or the "Company") is pleased to announce that, subject to final regulatory approval, it has completed its previously announced private placement and issued 13,077,675 units at a price of $0.08 per unit for gross proceeds of $1,046,214. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at $0.12 per common share for a period of one year from closing. The common shares issued in connection with the offering are subject to a four month hold period that expires on October 21, 2013.
CanAm Coal Completes $1,050,000 Private Placement
Marketwire - Fri Jun 21, 8:02AM CDT
CanAm Coal Corp. (TSX VENTURE: COE)(OTCQX: COECF) ("CanAm" or the "Company") is pleased to announce that, subject to final regulatory approval, it has completed its previously announced private placement and issued 13,077,675 units at a price of $0.08 per unit for gross proceeds of $1,046,214. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable at $0.12 per common share for a period of one year from closing. The common shares issued in connection with the offering are subject to a four month hold period that expires on October 21, 2013.
CanAm Announces Private Placement of $1 million
Marketwire - Wed May 29, 6:00PM CDT
CanAm Coal Corp. ("CanAm" or the "Company") (TSX VENTURE: COE)(OTCQX: COECF) is pleased to announce that it intends to complete a non-brokered private placement of 12,500,000 units at a price of C$0.08 per unit for gross proceeds of $1 million. Each unit will be comprised of one common share in the share capital of CanAm and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share in the share capital of CanAm at a price of $0.12 for 12 months from the date of the issuance of the units.