DGAP-News: ICHOR Coal N.V. / Key word(s): AGM/EGM ICHOR Coal N.V.: IchorCoal AGM: Shareholders elect new member of supervisory board 27.06.2013 / 09:29
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IchorCoal AGM: Shareholders elect new member of supervisory board - Paolo Barbieri is with immediate effect fourth member of Supervisory Board - Annual accounts 2012 adopted - Management and Supervisory Board released from liability Berlin, 27 June 2013. IchorCoal N.V., an internationally operating mineral resource company, has held its Annual General Meeting (AGM), yesterday. All propositions were adopted with either no dissident vote or a distinct majority of the votes by the shareholders. Paolo Barbieri was elected as member of the Supervisory Board. The attendance level was at about 40 percent. All Management and all Supervisory Board members who held office during the 2012 financial year were discharged. Furthermore, Paolo Barbieri has been appointed by the shareholders as a new member of the company's Supervisory Board. Paolo Barbieri is Chief Executive Officer of Pacific Capital S.à r.l., Luxembourg, a privately owned Investment Company, focusing on investment opportunities in both public and private companies on a global basis. Before that he has been working for about 28 years in different positions in the financial industry. 'We are very happy to have Mr. Barbieri in our Supervisory Board', says Heinz Schernikau, the CEO of IchorCoal. 'With his longstanding experience in the international financial markets he will be of great help for us.' During the AGM the shareholders also discussed and agreed the Company's policy on reserves and dividends, which reflects management's intention to retain future earnings to provide additional liquidity to finance the growth and development of IchorCoal. The Management Board About IchorCoal N.V. IchorCoal N.V. is an internationally operating mineral-resource-company specializing in investments in coal resources as well as in other projects in the field of coal logistics and coal handling along with coal trading via its marketing arm HMS Bergbau AG. The company is aiming to secure own coal-resources, to gain control along the value chain and to sell the produced coal on the international markets. In consideration of the global rise in demand for coal, market chances are vast and entrepreneurial action is essential and bears excellent prospects. The company is led by its CEO Heinz Schernikau and its CFO Sebastian Giese. Both bring in their long time experience in the commodity sector. Forward-looking statements This news release includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning estimates of expected mining and associated costs, statements relating to estimates of, and increases in, production, cash flows and values and other statements which are not historical facts. When used in this document, the words such as 'could,' 'plan,' 'estimate', 'expect', 'intend', 'may', 'potential', 'should' and similar expressions are forward-looking statements. Although IchorCoal believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that the Company's projects will experience technological and mechanical problems, that geological conditions in the reservoir may not result in commercial levels of oil and gas production, that changes in product prices can have a material impact and that IchorCoal fails to raise sufficient capital to adequately fund its activities. Contact: IchorCoal N.V. An der Wuhlheide 232, 12459 Berlin Phon: +49 30 65 66 81 60 FAX: +49 30 65 66 81 15 info@ichorcoal.com www.ichorcoal.com Thomas Luber NewMark Finanzkommunikation Zum Laurenburger Hof 76, 60594 Frankfurt Phon: +49 69 94418069 mobil: +49 171 8311216 Thomas.luber@newmark.de End of Corporate News
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27.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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218413 27.06.2013
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IchorCoal AGM: Shareholders elect new member of supervisory board - Paolo Barbieri is with immediate effect fourth member of Supervisory Board - Annual accounts 2012 adopted - Management and Supervisory Board released from liability Berlin, 27 June 2013. IchorCoal N.V., an internationally operating mineral resource company, has held its Annual General Meeting (AGM), yesterday. All propositions were adopted with either no dissident vote or a distinct majority of the votes by the shareholders. Paolo Barbieri was elected as member of the Supervisory Board. The attendance level was at about 40 percent. All Management and all Supervisory Board members who held office during the 2012 financial year were discharged. Furthermore, Paolo Barbieri has been appointed by the shareholders as a new member of the company's Supervisory Board. Paolo Barbieri is Chief Executive Officer of Pacific Capital S.à r.l., Luxembourg, a privately owned Investment Company, focusing on investment opportunities in both public and private companies on a global basis. Before that he has been working for about 28 years in different positions in the financial industry. 'We are very happy to have Mr. Barbieri in our Supervisory Board', says Heinz Schernikau, the CEO of IchorCoal. 'With his longstanding experience in the international financial markets he will be of great help for us.' During the AGM the shareholders also discussed and agreed the Company's policy on reserves and dividends, which reflects management's intention to retain future earnings to provide additional liquidity to finance the growth and development of IchorCoal. The Management Board About IchorCoal N.V. IchorCoal N.V. is an internationally operating mineral-resource-company specializing in investments in coal resources as well as in other projects in the field of coal logistics and coal handling along with coal trading via its marketing arm HMS Bergbau AG. The company is aiming to secure own coal-resources, to gain control along the value chain and to sell the produced coal on the international markets. In consideration of the global rise in demand for coal, market chances are vast and entrepreneurial action is essential and bears excellent prospects. The company is led by its CEO Heinz Schernikau and its CFO Sebastian Giese. Both bring in their long time experience in the commodity sector. Forward-looking statements This news release includes forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning estimates of expected mining and associated costs, statements relating to estimates of, and increases in, production, cash flows and values and other statements which are not historical facts. When used in this document, the words such as 'could,' 'plan,' 'estimate', 'expect', 'intend', 'may', 'potential', 'should' and similar expressions are forward-looking statements. Although IchorCoal believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements include the potential that the Company's projects will experience technological and mechanical problems, that geological conditions in the reservoir may not result in commercial levels of oil and gas production, that changes in product prices can have a material impact and that IchorCoal fails to raise sufficient capital to adequately fund its activities. Contact: IchorCoal N.V. An der Wuhlheide 232, 12459 Berlin Phon: +49 30 65 66 81 60 FAX: +49 30 65 66 81 15 info@ichorcoal.com www.ichorcoal.com Thomas Luber NewMark Finanzkommunikation Zum Laurenburger Hof 76, 60594 Frankfurt Phon: +49 69 94418069 mobil: +49 171 8311216 Thomas.luber@newmark.de End of Corporate News
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27.06.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de
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218413 27.06.2013
