Proactive Investors - Run By Investors For Investors

Pacific American Coal appoints Mark Sykes to the board

Sykes' board appointment will see him play a vital role in developing the Elko project.
Picture of mountainous area in British Columbia
The board will benefit from Mark Sykes' experience as it moves to exploration at Elko

Pacific American Coal Ltd (ASX:PAK), a North American focused coal group has strengthened its board with the appointment of Mark Sykes as an executive director.

He replaces Paul Chappell who has resigned from the board after nearly 3 years as a non-executive director.

Sykes has been Pacific American Coal’s chief executive officer since 2013, and he has extensive industry experience.

Appointment timely as Pacific American moves towards exploration at Elko

Sykes also has an intimate knowledge of the group’s Elko Coking Coal Project located in British Columbia, Canada where the company is poised to commence exploration.

The Elko hard coking coal asset is 100% owned by Pacific American and includes a total of six coal leases in the East Kootenay Coal Field.

The company also has tenements in application in low volatile bituminous regions of the Arkoma coal basin in Oklahoma.

Sykes to assist in evaluating new opportunities

Geoff Hill, chairman of Pacific American Coal, highlighted the benefits of Sykes’ experience in evaluating new opportunities. 

This has emerged as an increasingly important factor following the strengthening of the company's balance sheet in October.

READ: Pacific American Coal swells cash position after recovering investment

View full PAK profile View Profile

Pacific American Coal Ltd Timeline

Related Articles

Gold
March 07 2019
With operations in Honduras back on track and costs coming down, Wishbone's margins are set to rise.
A map of Argonaut and Aeris' Torres project and its vicinity to BHP and OZ Minerals
December 17 2018
The Torrens JV is keen to get cracking after resolving legislative issues.
1548859395_drilling.jpg
January 31 2019
A maiden JORC resource is expected by June after the company drilled a 18.2-metre wide intersection grading 40.3% zinc.

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use