AQC has been issued AUS$1.250 million of ordinary shares (54,347,826 shares, approximately 11.6% of total ordinary shares post issuance) by Bowen Coking Coal Ltd as consideration for the tenements. The securities received by Australian Pacific Coal are subject to an escrow period of twelve months in accordance with ASX Listing Rules. Bowen Coking Coal Ltd has indicated their compliance to all of ASX’s pre-quotation requirements, and is expected to commence trading on the ASX in coming days.
Tags:Australia coal news
Harleigh Hobbs
Editor
Harleigh joined Palladian Publications in April 2015 as an Editorial Assistant for World Coal and World Cement magazines. In 2016, she helped launch two new magazines: Dry Bulk and World Fertilizer. She is now the Editor of World Coal and Dry Bulk.
Harleigh graduated from Cardiff University with a first class BA (Hons) in English Language and Communication. While in Cardiff, she completed British Sign Language level 1, 2 and 3, and is currently completing level 4.
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