News Releases

Paringa Resources Ltd to Webcast at VirtualInvestorConferences.com's OTCQX October 4 Event

Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual conference at VirtualInvestorConferences.com

NEW YORK, Sept. 28, 2016 /PRNewswire/ -- Paringa Resources Ltd (ASX:PNL | OTCQX:PNGZF), based in Evansville, Indiana, focused on developing a thermal coal project in the US, today announced that Mr. Taso Arima, Founder and Executive Director, will present at the OTCQX Virtual Investor Conference on October 4, 2016.

DATE:  Tuesday, October 4, 2016
TIME:  1PM ET
LINK:  http://tinyurl.com/10otcpre  

Attendees will be able to view the presentation and learn more about the company in their "virtual booth." If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days.

It is recommended that investors pre-register and run the online system check to save time and receive event updates.

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.

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

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

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