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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Atlantic Coal | LSE:ATC | London | Ordinary Share | GB00B142G994 | ORD 0.07P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.09 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
From Jul 2019 to Jul 2024
TIDMATC
RNS Number : 1779V
Atlantic Coal PLC
09 January 2012
Atlantic Coal plc/Index: AIM/Epic: ATC/Sector: Mining
US Index: OTCQX/ Symbol: ATCLY
9 January 2012
Atlantic Coal plc ("Atlantic Coal" or the "Company")
Update on option to lease a 410 acre Pennsylvanian anthracite mining property
Atlantic Coal plc, the AIM listed open cast coal production and processing company with activities in Pennsylvania, USA, is pleased to announce that the Board of Reading Anthracite Company ("RAC") has approved the lease option agreement (the "Lease Option") over the fully permitted 410 acre Pott & Bannon anthracite mining property in New Castle Township, Schuylkill County, Pennsylvania (the "Property"). As a result the US$250,000 payment made to RAC in order to secure its entry into the Lease Option has been released to RAC unconditionally.
Additionally Atlantic Coal announces that as part of the due diligence process it has appointed John T. Boyd & Company, a qualified person within the meaning of the AIM Rules for Companies, to confirm the resource information provided to the Company, further details of which are contained in the Company's announcement made on 3 January 2012. The Company intends to submit the permit transfer application shortly and further updates regarding the Lease Option will be made at the appropriate time.
**ENDS**
For further information on the Company, visit: www.atlanticcoal.com or contact:
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Steve Best Atlantic Coal plc Tel: 020 3328 5670
Nick Naylor Allenby Capital Limited Tel: 020 3328 5656
Alex Price Allenby Capital Limited Tel: 020 3328 5656
Peter Rose Fox-Davies Capital Limited Tel: 020 3463 5030
Simon Leathers Fox-Davies Capital Limited Tel: 020 3463 5010
Hugo de Salis St Brides Media & Finance Tel: 020 7236 1177
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Elisabeth Cowell St Brides Media & Finance Tel: 020 7236 1177
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Richard E. Cooper Cooper Global Communications Tel: +1 (212) 209
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Jennifer K. Cooper Global Communications Tel: +1 (212) 209
Zimmons 7360
This information is provided by RNS
The company news service from the London Stock Exchange
END
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