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, Oct. 6, 2016 /CNW/ -- Paringa Resources Ltd (ASX: PNL, OTCQX: PNGZF), based in Evansville, Indiana, focused on developing a thermal coal project in the US, today announced that the October 4 presentation from Mr. Taso Arima, Founder and Executive Director, is now available for on-demand viewing at the OTCQX Virtual Investor Conference.

LINK: http://tinyurl.com/10otcpost   

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

• Successful Amendment to US$205 million sales contract with LG&E
• Capex Estimate for the Poplar Grove Mine Reduced to US$39 million
• Mine Surface Rights Secured for the Poplar Grove Mine
• Mine Design Finalized at Poplar Grove

The OTCQX Virtual Investor Conference is made possible by a partnership between OTC Markets Group Inc. and VirtualInvestorConferences.com, a cooperative venture of PR Newswire and BetterInvesting (NAIC). Learn more about the event at VirtualInvestorConferences.com.

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.

SOURCE Paringa Resources Ltd

Nathan Ainsworth, VP, Business Development, Paringa Resources Ltd, [phone], [email protected]