ADVANCE METALS LIMITED — Capital/Financing Update 2016

Apr 13, 2016

PACIFIC AMERICAN COAL LIMITED

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14 April 2016

ASX Market Announcements Australian Securities Exchange 20 Bridge Street Sydney NSW 2000

ASX Announcement – For immediate release

• Re: Pacific American Coal Limited ( ASX: PAK ) Market Announcement made 21 March 2016 Imagine Intelligent Materials Pty Ltd ( Imagine IM )

As announced on 21 March 2016, PAK entered into a heads of agreement for PAK’s acquisition of 40% of Imagine IM’s equity, subject to PAK’s due diligence and members’ approval.

About Pacific American Coal Limited

PAK will continue to pursue its North American coal interests with the most valuable asset being the Elko coking coal project in British Columbia. Although coal is not attracting much attention at present due to depressed commodity prices, PAK directors believe that the market will better reflect the true value of this project at some point in the future.

In the meantime, PAK will seek to optimize potential project development parameters and engage in negotiations with industry operators with a view to eventually developing the project for sales into export markets, primarily in eastern Asia.

About Imagine IM

Imagine IM is the leading Australian developer of graphene‐based coatings for industrial textiles and fibres. It was founded in 2014 by a group of scientists led by Chris Gilbey and Phil Aitchison, with a vision to create disruptive products and solutions that use graphene. Imagine IM has developed a licensing and certification model to ensure that participants in the supply chain are required to meet a set of standards of materials quality. Imagine IM is the first company in the world to develop conductive geomaterials using functionalised graphene.

Attached is a recent press release by Imagine IM, announcing details of Imagine IM’s licensing agreement with geotextiles manufacturer Geofabrics Australasia Pty Limited.

For further information please contact:

Mark Sykes Chief Executive Officer Ian Morgan Company Secretary

Pacific American Coal Limited Tel: +61 (2) 9252‐5300 Fax: +61 (2) 9252‐8400

More details are available on PAK‘s website www.pamcoal.com

LEVEL 14, 52 PHILLIP STREET SYDNEY NSW 2000 GPO BOX 3486 SYDNEY NSW 2001 WWW.PAMCOAL.COM

ABN 83 127 131 604 Tel: +61 (0) 2 9252 5300 Fax: +61 (0) 2 9252 8400

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High
Tech
Manufacturing
Breakthrough
for
Australia EMBARGOED
UNTIL
APRIL
11,
2016

Australia
will
become
the
first
country
in
the
world
to
use
the
new
‘super
material’, graphene
in
the
large
scale
manufacture
of
an
industrial
product,
the
CEO
of
Imagine Intelligent
Materials
Pty
Limited,
Chris
Gilbey
said
today.

Graphene,
whose
discoverers
were
awarded
the
Nobel
Prize
for
physics
in
2010
is
a
one atom
thick
layer
of
carbon
extracted
from
graphite.
It
is
100
times
stronger
than
steel,
is impervious
to
water
and
gases,
can
stretch
like
rubber
and
has
extremely
high
electrical
and thermal
conductivity.

Mr
Gilbey
said
that
Sydney
headquartered
Imagine
IM,
the
leading
Australian
developer
of graphene
applications
for
industry
had
entered
into
a
licensing
agreement
with
Australia’s largest
geotextiles
manufacturer,
Geofabrics
Australasia
Pty
Limited.
He
said
that
the insights
gained
from
working
with
Geofabrics,
which
is
headquartered
in
Melbourne
was
key to
the
development
of
the
graphene
manufacturing
solution.

The
ground-­‐breaking
agreement
will
see
Geofabrics
become
the
exclusive
Australian licensee
of
Imagine
IM’s
graphene
coating
technology
for
applications
in
geotextiles. Geofabrics
will
use
the
technology
to
offer
Australian
civil
engineering
companies significantly
improved
capacity
to
locate
and
remedy
leaks
with
applications
in
landfill
and mining
construction.

“Increased
environmental
regulations
in
Australia
and
around
the
world
are
driven
by
the need
to
address
water
safety
and
conservation
and
by
the
need
for
cost
effective
leak detection
in
the
mining
industry.
We
estimate
our
technology
will
save
customers
around
20 to
40
percent
on
their
current
solution
costs,”
Mr
Gilbey
said.

“Our
graphene
coating
technology
has
the
potential
to
become
a
key
element
of
the
world’s geotextiles
industry
which
is
growing
at
around
ten
percent
per
annum
and
will
be
worth around
$20
billion
by
2018
($16
billion
US).
We
have
utilised
graphene’s
electrical conductivity
to
provide
the
means
to
detect
pin
hole
sized
leaks
in
geotextiles.
Leak detection
is
important
because,
undetected
leaks
mean
that
there
is
potential
for
toxins
to escape
from
tailings
dams
and
landfills
into
ground
water.

“The
scientific
and
engineering
team
at
Imagine
IM
is
proud
that
we
have
taken
graphene out
of
the
research
laboratory
and
transformed
its
potential
into
a
genuine
commercial application
and
in
so
doing
boosted
Australia’s
‘clever
country’
credentials.”

Imagine Intelligent Materials Pty Limited Suite 306, 414 Gardeners Road, Rosebery, NSW 2018, Australia ACN 169 015 847

Press Release

Geofabrics
is
scheduled
to
provide
the
marketplace
with
the
first
of
its
graphene
coated geotextile
products
in
August
this
year.
The
products
will
be
manufactured
at
Geofabrics’ facility
in
Albury,
NSW.

The
General
Manager
at
Geofabrics,
Brendan
Swifte
said:
“We
are
the
leading
geotextiles manufacturer
in
Australia
and
we
entered
into
the
agreement
with
Imagine
IM
because
of our
belief
in
graphene
and
our
belief
in
Imagine
IM’s
ability
to
quality
assure
the
product
and the
supply
chain.
We
believe
that
our
bidim®
geotextile
with
graphene
coating
is
a
‘game changer’
for
the
geotextile
industry.
It
will
be
a
high
tech
solution
at
an
extremely competitive
price.”

Mr
Gilbey
said
Imagine
IM’s
licensing
agreement
with
Geofabrics
follows
his
company’s announcement
last
month
that
it
has
commenced
development
of
Australia’s
first
graphene manufacturing
plant
in
North
Geelong.
The
plant
will
commence
production
later
this
year and
will
supply
its
graphene
solutions
to
Geofabrics.

Imagine
IM
is
in
the
process
of
developing
additional
products
and
solutions
for
the
global geotextiles
industry
and
is
planning
to
migrate
its
platform
technologies
into
other
textile product
lines
where
solving
problems
associated
with
water
are
highly
valued.
Mr
Gilbey said
that
Imagine
IM
is
currently
discussing
international
licensing
agreements
for
its graphene
technologies
in
the
United
States.

“The
race
to
commercialise
graphene
has
seen
the
launch
of
numerous
companies
in
the USA,
Europe
and
Asia.
The
European
Commission
has
established
the
1billion
Euro
Graphene Flagship
Fund
to
help
drive
the
commercialisation
of
graphene
in
Europe.
In
the
UK,
British Government
support
has
helped
establish
the
National
Graphene
Institute
at
the
University of
Manchester.

“However,
up
till
now,
no
company
has
been
able
to
develop
a
product
that
delivers
at industrial
scale
the
potential
that
has
been
indicated
in
research
labs.”

For
further
information,
please
contact: Chris
Gilbey CEO Imagine
Intelligent
Materials Phone
+1
(929)
283
1148 Email
chris.gilbey@imgne.com

Warwick
Grigor Chairman Imagine
Intelligent
Materials Phone
0417-­‐863-­‐187 Email
wgrigor@fareastcapital.com.au

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