Pacific Coal Announces Resignation of Officer

TSX VENTURE EXCHANGE: PAK

TORONTO, May 6 /CNW/ - Pacific Coal Resources Ltd. (TSXV: PAK) announced today that Juan Manuel Pelaez, a director of the Company, has resigned effective immediately, to pursue other business interests.

Luis Carvajales, Chief Executive Officer, said, "We would like to thank Juan Manuel for his service and support to the Company.  We wish him well in his future endeavours."

About Pacific Coal Resources Ltd.

Pacific Coal Resources Ltd. is a Canadian-based exploration, development and mining company focused on coal, coking coal, asphalt and asphaltite exploration, development and mining company focused on prospective producing, development-stage and exploration-stage properties in Colombia.  The Company has acquired or entered into agreements to acquire various interests in several operating coal mines and projects, representing a substantive coal and asphaltite exploration and production area throughout Colombia.

Forward Looking Information

This news release contains "forward-looking information", which may include, but is not limited to, statements with respect to the future financial or operating performance of Pacific Coal and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Pacific Coal to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and Pacific Coal disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

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

SOURCE Pacific Coal Resources Ltd.

For further information:

Miranda Smith
Investor Relations Representative
(647) 427-0208

Profil de l'entreprise

Pacific Coal Resources Ltd.

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