Atrum Coal NL: John Wasik and Steve Boulton Retire from the Atrum Board
Sydney - Atrum Coal NL ("Atrum" or "The Company") (ASX:ATU) (OTCMKTS:ATRCF) advises that non-executive directors, Mr John Wasik and Mr Steve Boulton have elected to retire with immediate effect for personal reasons, and the vacancies allow the appointment of new directors to facilitate the Company's anthracite development strategy.Bob Bell, Executive Chairman, commented: "John has elected to stand down from both the Atrum Coal NL and Kuro Coal Ltd boards for personal reasons. He has been a great support at Board level and I know both companies will miss his contribution and expertise. The Board thanks Mr Wasik for his dedicated service and wishes him continued success in his future endeavours."
Steve Boulton has also elected to retire from the Board and will similarly be missed for his contribution and expertise. The Board thanks Mr Boulton for his dedicated service, and also wishes him continued success."
"The vacancies provide an opportunity for Atrum and Kuro to appoint new directors who will assist us advance Groundhog and generate revenues from US anthracite sales."
About Atrum Coal NL:
Atrum Coal NL (ASX:ATU) is an emerging metallurgical coal explorer and developer.
The Company has a substantial coal position in British Columbia which, as a region boasts:
- Abundance of high quality PCI, coking and anthracite coals
- Well developed rail and port infrastructure with excess capacity
- Access to deep sea ports
- Competitive shipping distance to Asia
- Positive government stance on mining
The Company is building a quality portfolio of metallurgical coal assets suited to the Asian export market and the Board of Directors have a strong track record in identifying and developing world class coal assets in Australia and abroad.
Contact:
Atrum Coal NL
Robert W. Bell Executive Chairman M: +1-604-763-4180 E: rbell@atrumcoal.com
Theo Renard Company Secretary M: +61-430-205-889 E: trenard@atrumcoal.com
Nathan Ryan Investor Relations M: +61-420-582-887 E: nathan@atrumcoal.com