Macarthur Coal Exploration Update Mon, 29 Jun 2009 12:52:00 +1000 8 months, 3 weeks ago
ASX RELEASE NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR TO US PERSONS 29 June 2009 MACARTHUR COAL: SHARE PURCHASE PLAN About Macarthur Coal Macarthur Coal is an Australian coal company developing a new generation of coal assets in Queensland’s Bowen Basin. The company currently holds 73.3% of the Coppabella and Moorvale mines. The company’s operations produce approximately one third of the seaborne global demand for low volatile PCI coal, which is a high-growth coal market.
The company is focussed on organic growth through developing new mines from grass roots level and identifying and pursuing high growth market segments. For further information contact: Ian McAleese EGM, Investor Relations Macarthur Coal Limited Tel: 07 3221 7210 Share Purchase Plan As announced on 18 June 2009, Macarthur Coal Limited (ASX: MCC) is conducting a Share Purchase Plan (SPP) to provide eligible shareholders with the opportunity to subscribe for up to A$15,000 worth of new MCC ordinary shares. Macarthur Coal will today send to all eligible shareholders, the attached documentation to enable them to participate in Macarthur Coal’s SPP.
The SPP is being offered to all existing eligible shareholders who were on Macarthur Coal’s th share register as at 7.00pm Wednesday 24 June, 2009. The SPP will open on Tuesday, 30 June 2009 and close at 5pm on Thursday, 16 July 2009. Macarthur Coal’s CEO, Nicole Hollows and the company’s senior management team will host a th special presentation for eligible shareholders on Thursday, 9 July from 11am to 12.30pm at the Brisbane Convention & Exhibition Centre in Room M1, Mezzanine Level.
The presentation will allow shareholders to ask questions of management and hear about company progress and growth plans. Further details are contained in the attached letter from the Chairman to shareholders. th th th Or visit the website: www.macarthurcoal.com.au This announcement has been prepared for publication in Australia and may not be released or distributed in the United States or to US persons or in Canada or to residents thereof except to “accredited investors” as defined under National Instrument 45-106 Prospectus and registration Exemptions.
This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or any other jurisdiction. Any securities described in this announcement have not been, and will not be, registered under the US Securities Act of 1933 (as amended) and may not be offered or ....
Price at Announcement
Current Price
Company Profile
Phone: (07) 3221 7210
Fax: (07) 3229 1776
GIGS : Materials
Shares on Issue : 187380000
No. Employees : 75
Profile: Macarthur Coal Limited (Macarthur Coal) is an Australian coal company developing a generation of coal assets in Queensland’s Bowen Basin. As of June 30, 2007, the Company held a 73.3% interest of the Coppabella and Moorvale mines. The company’s operations produce approximately 35% of the seaborne global demand for low ...
Activities: coal production and exploration