Pan Asia Corporation (PZC)

Shares / Stock Code

PZC

Stock Exchange / Sharemarket

ax

Pan Asia Corporation (PZC) is a rapidly growing diversified resources company primary listed on the Australian Securities Exchange and secondary listed on the Frankfurt Stock Exchange and with offices in Perth and Sydney, Australia and Jakarta, Indonesia. The Company aims to be a major supplier of key resources into the expanding Asian markets and is well advanced in its due diligence and requirements for regulatory and shareholder approval for the acquisition of a number of significant coal assets in Indonesia. This diversified portfolio of assets includes projects in both production and exploration stages as well as a significant opportunity to participate in commodity trading which will complement these projects. Investors can trade Pan Asia Corporation shares on the Australian Stock Exchange (ASX).

The evaluation and development of the current suite of assets in addition to new opportunities that arise from a strong local partner network will be the foundation for the Company’s aim to become a top tier resource company in Indonesia over the next three years. An extensive international financial network provides support for the Company’s rapid growth plans. The Company has a stated aim to be a top tier coal and manganese company in Indonesia within the next 3 years, and plans to achieve this through the development of its existing assets while continuing to identify and target new projects via its proven relationships and networks in Indonesia.

Pan Asia Corporation's success to date has been based on a major investment, over the last several years, in the Indonesian region and the development, as a result, of a pipeline of attractive projects. The Company is led by a team of experienced resource executives with a track record of successfully identifying and developing projects around the world. This team draws on an extensive pool of mining expertise in Australia to complement the skills of their Indonesia partners to maximise the value of the company's resource opportunites.

Pan Asia Corporation's listings on the Australian Securities Exchange and the Frankfurt Stock Exchange provides the platform for the financial completion of such transactions. The combination of Strategy, Capability and Capital supports the Company in its goal to become a major player in the rapidly expanding and resource hungry Asian markets. The company was listed on Australia Securities Exchange on 21 December, 2001.

Pan Asia Corporation Pty Ltd is building a diversified portfolio of assets in both the exploration and production stages and has a significant infrastructure opportunity to develop, build and run a new coal loading facility in Indonesia. The company is currently drilling its underground coal exploration project in South Kalimantan and is in the process of completing due diligence on a significant portfolio of coal and manganese assets in Indonesia.