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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 351.0K
COE On Other Exchanges
As of 3:05 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).

canam coal corp (COE) Snapshot

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52 Week High
07/29/14 - C$0.06
52 Week Low
01/29/15 - C$0.02
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Current Stock Chart for CANAM COAL CORP (COE)

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canam coal corp (COE) Details

CanAm Coal Corp., together with its subsidiaries, acquires, explores, and develops coal resources primarily in the United States. It principally explores for metallurgical and thermal coal. The company’s assets include 4 producing mines, including Knight, Posey Mill II, Old Union II, and Powhatan mines; and 2 mines are under development comprising Gooden Creek II and Prescott mines, as well as permits and leases covering approximately 5,000 acres of land. CanAm Coal Corp. was incorporated in 1994 and is headquartered in Calgary, Canada.

Founded in 1994

canam coal corp (COE) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$238.5K
President and Chief Operating Officer
Total Annual Compensation: C$173.1K
Vice President of Operations - Cahaba Contrac...
Total Annual Compensation: C$173.1K
Advisor and Director
Total Annual Compensation: C$229.2K
Compensation as of Fiscal Year 2013.

canam coal corp (COE) Key Developments

CanAm Coal Corp. Completes Acquisition of 100% Interest in an Alberta Metallic and Industrial Minerals Permit

CanAm Coal Corp. announced it has completed the acquisition of a 100% interest in an Alberta Metallic and Industrial Minerals Permit covering approximately 1,200 acres (567 ha) of land containing high quality silica sand (or Frac Sand) in Central Alberta. The aggregate purchase price of the acquisition is $1.5 million which will be settled by $215,000 in cash and the issuance of 25.7 million common shares of the company at a deemed price of $0.05 per common share. At closing of the transaction, and including the portion of the purchase price that was paid at signing of the binding letter of intent, $165,000 in cash was paid and 5,940,000 common shares were issued. The remaining portion of the purchase price, comprised of 19,760,000 common shares of the company, were escrowed and will vest in accordance with the achievement of the following milestones and/or performance criteria: 4,940,000 common shares upon completion of a NI 43-101 resource report, 6,175,000 common shares upon completion of a Preliminary Economic Assessment and 8,645,000 common shares upon receipt of final permits. A final cash payment of $50,000 is due on February 1, 2015.

CanAm Coal Corp. Appoints Eric Hallmark as Chief Financial Officer

CanAm Coal Corp. announced the appointment of Mr. Eric Hallmark as the new Chief Financial Officer of the company. Mr. Hallmark is currently the controller of the company's Alabama subsidiaries and has, over the last couple of months, taken on an expanded role within the organization. Mr. Hallmark formally joined the Company in 2011 and has worked with the company's main subsidiaries since 2000. He will continue to be based in Birmingham, Alabama.

CanAm Coal Corp. expected to report Fiscal Year 2014 results on April 24, 2015. This event was calculated by Capital IQ (Created on December 4, 2014).

CanAm Coal Corp. expected to report Fiscal Year 2014 results on April 24, 2015. This event was calculated by Capital IQ (Created on December 4, 2014).


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