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).
Read a recent article from the local Oklahoma NewsOK on the prospectivity of the Arkoma Basin and the high value
metallurgical coal deposits that contain approximately1.4 billion tonnes of coal.
The Arkoma Basin is the home of PAK's asset base in Oklahoma.
Click on the link to the NewsOK article: Coal alive in Oklahoma