EastCoal Inc.
TSX VENTURE : ECX
AIM : ECX

EastCoal Inc.

July 03, 2013 02:00 ET

EastCoal Inc.: Director's Shareholding

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 3, 2013) - EastCoal Inc. (TSX VENTURE:ECX)(AIM:ECX) (the "Company") announces that it received confirmation on July 2, 2013 that Mr John Byrne, Chairman and CEO of the Company, sold 6,522,000 common shares in the Company in an off-market transaction at a price of 1.5 cents per share from Arcourt Resources NL (5,932,000 shares), Tiodi Pty Ltd (70,000 shares) and Twenty-Second Yeneb (520,000 shares), all beneficially owned and/or controlled by Mr Byrne, and bought the shares in his personal pension fund on June 28, 2013. July 2, 2013 is the first Canadian business day following the transaction on June 28, 2013. Following this transaction Mr Byrne's shareholding remains at 16,907,000 common shares in the Company.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • EastCoal Inc.
    Abraham Jonker
    President and Acting CFO
    +1 (604) 973 0079 or +1 (604) 992 5600 (Cell)
    +1 (604) 770 1300 (FAX)
    www.eastcoal.ca

    Cenkos Securities plc
    Ken Fleming
    +44 (0) 207 397 8900

    Cenkos Securities plc
    Derrick Lee
    +44 (0) 131 220 6939

    Cenkos Securities plc
    Alan Stewart
    +44 (0) 131 220 6939

    Tavistock Communications
    Jos Simson
    +44 (0) 207 920 3150

    Tavistock Communications
    Emily Fenton
    +44 (0) 207 920 3150

    Tavistock Communications
    Mike Bartlett
    +44 (0) 207 920 3150