Pacific American Coal Limited

At a General Meeting of Metals Finance Limited (Metals Finance), held on 28 October 2014, shareholders approved the acquisition of Texas and Oklahoma Coal Co (TOCC) and the renaming of the Company to Pacific American Coal Limited (PAK).

Shareholders also approved the issued a Prospectus to raise $5,000,000 through the issue of 25,000,000 shares at $0.20 per share. For each share subscribed for through the Offer, Investors will also receive a free attaching Option exercisable at $0.25 to 31 December 2017.

Subscribing to the Offer meets the “6C” rules of investing:
✔   CURRENCY US Dollar Exposure
✔   COUNTRY USA and Canada
✔   COMMODITY Coking Coal
✔   CASH Cash Positive and Conscious
✔   COMPANY Portfolio of Projects
✔   CONTROL Committed Owners