viewPacific American Holdings Ltd

Pacific American Holdings has new substantial shareholder in Jetosea Pty Ltd

The Elko project has nine coal seams drilled out to a JORC-compliant level and is near key infrastructure such as existing rail to the port of Vancouver.

Pacific American Holdings Ltd - Pacific American Holdings has new substantial shareholder in Jetosea Pty Ltd
Jetosea Pty Ltd is a Sydney-based investor

Pacific American Holdings Ltd (ASX:PAK) has a new substantial holder in Jetosea Pty Ltd which has accumulated a 5.38% stake.

Sydney-based Jetosea became a substantial shareholder on November 5 and now has 9,616,429 fully paid ordinary shares in the company.

Placement raises $450,000

The North American coking coal project holder recently raised $450,000 in a placement which was well supported with 13.2 million shares taken up.

The placement was made at 3.4 cents a share, which was a 6.5% discount to the company’s five-day VWAP on October 30.

Pacific American is well-positioned to advance the Elko Coking Coal Project in British Columbia, Canada.

Quick facts: Pacific American Holdings Ltd

Price: 0.024 AUD

Market: ASX
Market Cap: $7.55 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Pacific American Holdings Ltd named herein, including the promotion by the Company of Pacific American Holdings Ltd in any Content on the Site,...


Pacific American Coal Limited looking for partnerships with its project in B.C.

"Pacific American Coal Limited (ASX:PAK) IR general manager Simon Klimt sat down with Proactive Investors at the Vancouver Resource Investment Conference. The Sydney-based company focuses on the production, development, and exploration of metallurgical coal assets in North America. The...

on 21/1/19

2 min read