TIDMATC

RNS Number : 5073J

Atlantic Coal PLC

30 June 2011

Atlantic Coal plc / Index: AIM / Epic: ATC / Sector: Mining

30 June 2011

Atlantic Coal plc ("Atlantic" or the "Company")

Result of AGM

Atlantic Coal plc, the AIM listed open cast coal production and processing company with activities in Pennsylvania, USA, held its AGM today and all resolutions were duly passed.

**ENDS**

For further information on the Company, visit: www.atlanticcoal.com or contact:

 
 Steve Best         Atlantic Coal plc           Tel: 020 3328 5670 
 Nick Naylor        Allenby Capital Limited     Tel: 020 3328 5656 
 Alex Price         Allenby Capital Limited     Tel: 020 3328 5656 
 Peter Rose         FoxDavies                   Tel: 020 3463 5030 
 Simon Leathers     FoxDavies                   Tel: 020 3463 5010 
 Hugo de Salis      St Brides Media & Finance   Tel: 020 7236 1177 
                     Ltd 
 Elisabeth Cowell   St Brides Media & Finance   Tel: 020 7236 1177 
                     Ltd

Notes

Atlantic Coal plc is an AIM listed coal production and processing company focussed predominantly on open cast mining and the processing of anthracite coal in Pennsylvania, USA. The Company's primary asset is the Stockton Colliery, a producing surface coal mine and adjacent anthracite preparation plant encompassing an area of approximately 900 hectares located in Hazel Creek in North-East Pennsylvania, which has current Proven Reserves of 4.2 million tons run-of-mine coal.

Atlantic's strategy is to create a significant mid-tier coal company; both through the expansion of activities at Stockton and identifying additional sites in Pennsylvania to build its production and resource profile, primarily by acquiring defined assets in stable, recognised, high quality coal regions. The Board has identified opportunities to expand within the region and is involved in ongoing negotiations regarding adjacent sites, with the intention of acting as a regional consolidator in the Pennsylvanian Coal Field. Expansion within the local area has the potential to minimise upfront deal costs as a result of existing and proven infrastructure, equipment, facilities and market demand.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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