CanAm Coal Corp

Published : June 30th, 2014

CanAm Corporate Update

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CanAm Corporate Update

Calgary, AB / ACCESSWIRE / June 30, 2014 / CanAm Coal Corp. (COE.V) ("CanAm" or the "Company") is announcing the resignations of Robert Power and Steve Somerville from the Board of Directors, effective today.

Mr. Power joined the board in 2010. Mr. Somerville joined the board in 2012. Both Mr. Somerville and Mr. Power are resigning from the board to free up time to pursue their other business initiatives. Going forward, both Steve and Rob have agreed to provide advice to the Board on an as needed basis,

Commenting on the resignations, Jon Legg, Chairman of CanAm's Board of Directors commented: "We are grateful for Rob and Steve's commitment and expertise in helping the Company reposition itself strategically and structurally. With the key pieces of our financial plan announced or already in place, the Company can fully focus on operational execution. We are grateful for Rob and Steve's guidance and advice in helping get us to this point and we wish them every success in the future."

For Further Information:

CanAm Corporate Office:

Jos De Smedt, President & CEO

Tel: 403.262.3797

Toll Free: 1.877.262.5888

Email: jdesmedt@canamcoal.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and Statements

This news release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, is forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company's disclosure documents on the SEDAR website at www.sedar.com. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

SOURCE: CanAm Coal Corp.

Read the rest of the article at finance.yahoo.com

CanAm Coal Corp

CODE : COE.V
ISIN : CA1370981096
CUSIP : 137098109
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CanAm Coal is a coal exploration company based in Canada.

CanAm Coal holds various exploration projects in USA.

Its main exploration properties are TITANIUM RIDGE and STRONG CREEK in USA.

CanAm Coal is listed in Canada. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.2 millions, € 1.1 millions).

Its stock quote reached its highest recent level on July 13, 2007 at CA$ 0.49, and its lowest recent point on August 12, 2015 at CA$ 0.01.

CanAm Coal has 304 329 984 shares outstanding.

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Financings of CanAm Coal Corp
10/29/2009Completion of $500,000 Private Placement
Corporate news of CanAm Coal Corp
12/22/2014CanAm Closes Non-Brokered Private Placement of Common Shares...
12/15/2014CanAm Closes Transaction to Acquire a Western Canadian Frac ...
12/12/2014CanAm Appoints Chief Financial Officer
12/2/2014CanAm Reports Q3 2014 Coal Sales and Revenue of 170,000 Tons...
11/17/2014CanAm Obtains Gooden Creek #2 Mine Permit
10/29/2014CanAm Signs Binding Letter of Intent to Acquire a Western Ca...
10/24/2014CanAm Considers a Diversification Strategy
9/2/2014CanAm Reports Q2 2014 Coal Sales and Revenue of 186,000 tons...
8/6/2014CanAm Announces Corporate Restructuring
8/4/2014CanAm Coal Completes Debt to Equity Conversion of $7.6 milli...
7/28/2014CanAm Holds AGM, Shareholders Approve Debt to Equity Convers...
7/17/2014CanAm Announces Customer Contracts for 2015 and Beyond
7/14/2014CanAm Reports Q2 2014 Sales of 185,000 tons, up 10% over 201...
7/11/2014CanAm to Hold Annual General and Special Shareholders Meetin...
6/30/2014CanAm Corporate Update
6/23/2014CanAm Announces Extension of Warrants
5/30/2014CanAm Reports Q1 2014 Coal Sales Revenue of 168,000 tons and...
5/26/2014IIROC Trading Resumption - COE
5/23/2014IIROC Trading Halt - COE
5/19/2014CanAm Enters Binding Agreements to Convert into Equity Outst...
5/9/2014Update on Proposed $14 million Brokered Private Placement Fi...
5/1/2014CanAm Coal Announces Proposed $14 million Brokered Private P...
9/27/2013CanAm Coal
6/19/2013News Release
11/2/2012CanAm Coal
10/22/2012News Release
4/20/2012News Release
3/6/2012News Release
3/2/2012News Release
12/30/2011News Release
12/30/2011CanAm Coal Press Release w/ Attachment
12/7/2011News Release
4/13/2011News Release
2/9/2011CanAm Coal
12/3/2009Reverse Take-Over and Concurrent Financing
11/27/2009Closes Transaction to Create US Coal Mining Company
9/12/2008Announces Completion of Final Tranche of Financing
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