CanAm Resignations
Calgary, Alberta--(Newsfile Corp. - September 17, 2015) - CanAm Coal Corp. (NEX: COE.H) ("CanAm" or the "Company") announces that Mr. Jos De Smedt has resigned effective immediately as Chief Executive Officer and Director of the Company and has also resigned all of his director and officer positions at the Company's subsidiaries Radar USA Hold Corp., Birmingham Coal & Coke Company, Inc., Cahaba Contracting & Reclamation LLC and RAC Mining LLC.Mr. Tim Bergen has resigned effective immediately...
2015-09-17 7:30 PM EDT
CanAm Board Resignation
Calgary, Alberta--(Newsfile Corp. - August 20, 2015) - CanAm Coal Corp. (NEX: COE.H) ("CanAm" or the "Company") announces that Mr. Jonathan Legg and Timothy Nakaska have resigned from the Board of CanAm effective immediately. For Further Information: CanAm Corporate Office:Jos De Smedt, CEOTel: 403.262.3797Toll Free: 1.877.262.5888Email: jdesmedt@canamcoal.comNeither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture...
2015-08-20 10:30 PM EDT
CanAm Transferred to the NEX
Calgary, Alberta--(Newsfile Corp. - August 19, 2015) - CanAm Coal Corp. (NEX: COE.H) ("CanAm" or the "Company") announces that the Company's shares have been transferred from Tier 2 of the TSX Venture Exchange ("TSXV") to the NEX Board ("NEX") as a result of its inability to meet the Tier 2 Continued Listing Requirements of the TSXV. Trading in the shares of the Company will remain suspended.For Further Information: CanAm Corporate Office:Jos De Smedt, CEOTel: 403.262.3797Toll Free:...
2015-08-19 7:30 PM EDT
CanAm's Alabama Subsidiaries File Voluntary Petition under Chapter 11 to Complete Financial and Operational Restructuring and Intend to Continue Serving Customers Without Interruption
Calgary, Alberta--(Newsfile Corp. - May 28, 2015) - CanAm Coal Corp.'s (TSXV: COE) ("CanAm" or the "Company") Alabama based coal mining subsidiaries; Birmingham Coal & Coke Co., Inc ("BCC"), Cahaba Contracting & Reclamation, LLC ("CCR") and RAC Mining, LLC ("RAC") (collectively referred to as the "Alabama Subsidiaries") have filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Northern District of Alabama. The Alabama...
2015-05-28 8:30 AM EDT
CanAm Update on Debenture Interest Payment
Calgary, Alberta--(Newsfile Corp. - May 15, 2015) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") announces that it has exceeded the 10 day cure period respecting the payment of interest on its 12% secured debentures due May 23, 2018. As per the terms of the debenture agreement, the failure to pay interest constitutes an event of default under the debenture agreement. Following the occurrence and during the continuance of any event of default, a holder of...
2015-05-15 8:21 AM EDT
IIROC Trade Halt - CanAm Coal Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2015) - The following issues have been halted by IIROC: Company:
2015-05-07 8:22 AM EDT
CanAm Announces Issuance of Cease Trade Order
Calgary, Alberta--(Newsfile Corp. - May 7, 2015) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") announces that the Company has received notice from the Alberta Securities Commission ("ASC") that a general cease trade order has been issued, in connection with the Company's previously released failure to file its audited consolidated financial statements for the year ended December 31, 2014 and its related management's discussion and analysis and management certifications...
2015-05-07 7:16 AM EDT
CanAm Announces Management Cease Trade Order Will Not be Issued
Calgary, Alberta--(Newsfile Corp. - May 1, 2015) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") announces that the Company has received notice from the Alberta Securities Commission ("ASC") that a management cease trade order will not be issued, in connection with the Company's previously released failure to file its audited consolidated financial statements for the year ended December 31, 2014 and its related management's discussion and analysis and management certifications...
2015-05-01 6:48 PM EDT
CanAm Announces Delay in Filing of Annual Financial Statements and Provides Financial Update
Calgary, Alberta--(Newsfile Corp. - May 1, 2015) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") announces that it has not filed its audited consolidated financial statements for the year ended December 31, 2014 and its related management's discussion and analysis and management certifications (collectively, the "Required Filings") on or before the prescribed deadline of April 30, 2015. In this context, the Company intends to make an application to the applicable regulators under...
2015-05-01 8:45 AM EDT
CanAm Grants Stock Options to New CFO
Calgary, Alberta--(Newsfile Corp. - January 8, 2015) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") announces that, subject to regulatory approval, on January 7, 2015, it granted a total of 750,000 options to its new Chief Financial Officer, Mr. Eric Hallmark, 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 as follows: 50% immediately and 50% at a rate...
2015-01-08 8:30 AM EST
CanAm Closes Non-Brokered Private Placement of Common Shares and Flow-Through Shares
Calgary, Alberta--(Newsfile Corp. - December 22, 2014) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") is pleased to announce that it closed a non-brokered private placement of 23 units (the "Units) at a price of $11,250 per Unit for total gross proceeds of $258,750. Each Unit is comprised of: (a) 125,000 common shares of the Company ("Common Shares"); (b) 100,000 common shares of the Company issued on a "flow-through" basis pursuant to the Income Tax Act ("Flow-Through Shares");...
2014-12-22 8:30 AM EST
CanAm Closes Transaction to Acquire a Western Canadian Frac Sand Property
Calgary, Alberta--(Newsfile Corp. - December 15, 2014) - Further to a press release dated October 29, 2014, CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") today announced it has completed the acquisition of a 100% interest in an Alberta Metallic and Industrial Minerals Permit covering approximately 1,200 acres (567 ha) of land containing high quality silica sand (or Frac Sand) in Central Alberta (the "Property" or the "Transaction"). The aggregate purchase price of the acquisition is...
2014-12-15 8:30 AM EST
CanAm Appoints Chief Financial Officer
Calgary, Alberta--(Newsfile Corp. - December 12, 2014) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") is pleased to announce the appointment of Mr. Eric Hallmark as the new Chief Financial Officer of the Company. Mr. Hallmark is currently the controller of the Company's Alabama subsidiaries and has, over the last couple of months, taken on an expanded role within the organization. Mr. Hallmark formally joined the Company in 2011 and has worked with the Company's main subsidiaries...
2014-12-12 5:16 PM EST
CanAm Reports Q3 2014 Coal Sales and Revenue of 170,000 Tons and $16.7 Million Respectively
Calgary, Alberta--(Newsfile Corp. - December 2, 2014) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") has filed its condensed interim consolidated financial statements and related MD&A for the period ended September 30, 2014. Definitions of commonly used non-IFRS financial measures (EBITDA from operations and Free Cash Flow) are included at the end of this press release. The Company announced its third quarter 2014 financial results for the period ending September 30, 2014. Revenue...
2014-12-02 8:00 AM EST
CanAm Obtains Gooden Creek #2 Mine Permit
Calgary, Alberta--(Newsfile Corp. - November 17, 2014) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") is pleased to report that the Company's subsidiary, Birmingham Coal & Coke ("BCC"), was issued permit # 3979 by the Alabama Surface Mining Commission ("ASMC") for the Gooden Creek #2 Mine. This permit is a 5 year surface mining permit covering a total of 401 acres. The Gooden Creek #2 Mine is adjacent to the Gooden Creek Mine and, with most infrastructures already...
2014-11-17 8:30 AM EST
CanAm Signs Binding Letter of Intent to Acquire a Western Canadian Frac Sand Property
Calgary, Alberta--(Newsfile Corp. - October 29, 2014) - CanAm Coal Corp. (TSXV: COE) ("CanAm" or the "Company") today announced it has signed a binding Letter of Intent ("LOI") to acquire a 100% interest in an Alberta Metallic and Industrial Minerals Permit covering approximately 1,200 acres (567 ha) of land containing high quality silica sand (or Frac Sand) in Western Canada (the "Property"). Based on an historical resource calculation, the property may contain at least 10 million cubic...
2014-10-29 8:00 AM EDT
CanAm Considers a Diversification Strategy
Calgary, Alberta--(Newsfile Corp. - October 24, 2014) - CanAm Coal Corp. (TSXV: COE) (“CanAm” or the “Company”) announced today it is in the process of exploring strategic alternatives and opportunities in order to position the Company to generate additional shareholder value. In late 2009, the Company embarked on a strategy of becoming a small to medium sized coal producer through a combination of the acquisition of producing coal assets and an accompanying organic growth strategy. All...
2014-10-24 8:30 AM EDT
IIROC Trade Resumption - CanAm Coal Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2014) - Trading resumes in: Company: Canam Coal Corp.
2014-05-26 8:19 AM EDT
IIROC Trade Halt - CanAm Coal Corp.
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2014) - The following issues have been halted by IIROC: Company:
2014-05-23 2:28 PM EDT