Paringa Resources Ltd Presentation Now Available for On-Demand Viewing

Company invites individual and institutional investors as well as advisors to log-on to VirtualInvestorConferences.com to view presentation

NEW YORK, March 7, 2016 /CNW/ -- Paringa Resources Ltd (ASX: PNL; OTCQX: PNGZF), today announced that the March 3 presentation from President and CEO, David Gay, is now available for on-demand viewing at VirtualInvestorConferences.com.

LINK: http://tinyurl.com/0303pre

Paringa Resources Ltd presentation will be available 24/7 for 90 days. Investors and advisors may download shareholder materials from the "virtual trade booth" for the next three weeks.

Recent Company Highlights

  • Results of Scoping Study of No.2 Mine Transforms Buck Creek to a Staged Low Capex 5.6 Mtpa Development
  • Exceptional Results from Bankable Feasibility Study of No.1 Mine
  • Capex for 3.8 Mtpa No.1 Mine Reduced to US$106 million
  • Paringa Contracts Future Coal Sales Totaling US$220 Million

About Paringa Resources Ltd

Paringa Resources Limited (ASX:PNL, OTCQX:PNGZF) is an emerging US-based energy provider developing the high margin, low capex Buck Creek Mining Complex located in the growing Illinois Coal Basin ("ILB"). The Buck Creek Mining Complex is located in the Western Kentucky region of the ILB which is one of the most prolific coal producing regions in the US and is one of the last remaining large-scale undeveloped coal deposits in the ILB with direct low cost barge access to the Ohio River coal market, which is not controlled by a major coal producer.

About VirtualInvestorConferences.com
Since 2010, VirtualInvestorConferences.com, created by BetterInvesting (NAIC) and PRNewswire, has been the only monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with investors using a graphically-enhanced online platform.

Designed to replicate the look and feel of location-based investor conferences, Virtual Investor Conferences unites PR Newswire's leading-edge online conferencing and investor communications capabilities with BetterInvesting's extensive retail investor audience network.

Logo - http://photos.prnewswire.com/prnh/20160129/327291LOGO

SOURCE Paringa Resources Ltd

For further information: Nathan Ainsworth, VP, Business Development, +1 347 577 9497, nainsworth@paringaresources.com, VirtualInvestorConferences.com, Bradley H. Smith, Director of Marketing, IR and Compliance Services, PR Newswire, +1.201.947.7157, bradley.smith@prnewswire.com


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