About
CanAm Coal Corp. ("CanAm" or the "Company") is a coal producing and development company focused on growth through the acquisition, exploration and development of coal resources.
CanAm's portfolio of assets is well diversified and is comprised of both producing and development properties. Since November 2009, the Company has embarked on a strategy to become an emerging coal producer and since then the Company has successfully completed two acquisitions: RAC Mining LLC, a predominantly metallurgical coal producer, and an 80% ownership position in Birmingham Coal & Coke Inc. and Cahaba Contracting and Reclamation LLC (collectively referred to as "BCC"), a predominantly thermal coal producer, through two successive transactions; a 50% ownership stake on May 1, 2011 and an additional 30% ownership interest in BCC on July 1, 2012. As a result, CanAm's assets now comprise:
- 4 producing coal mines (Bear Creek, Old Union, Gooden Creek & Powhatan)
- 2 mines under development (Knight and Posey Mill II)
- Permits and leases covering approximately 5,000 acres of land
- WWorkforce of approximately 150 employees and contractors
Our development assets include the Buick Coal Property which holds significant coal resources; 188 million tons of indicated and 103 million tons of inferred coal resources in Colorado, USA.
The Company is headquartered in Calgary, Alberta and has operations and assets in the states of Alabama and Colorado. The Company's shares trade on the Toronto Venture Exchange under the symbol COE (TSXV-COE) and on the OTCQX Market in the US under the symbol COECF (OTCQX - COECF).
