Grande Cache Coal Corporation: Robert Stan Appointed to Coal Industry Advisory Board
April 15 2009 - 8:02AM
Marketwired Canada
Grande Cache Coal Corporation (TSX:GCE) ("Grande Cache Coal" or the
"Corporation") today announced that Robert H. Stan, President and Chief
Executive Officer has been appointed by the Government of Canada and the
International Energy Agency ("IEA") to serve as one of the Canadian
representatives on the Coal Industry Advisory Board ("CIAB").
The Coal Industry Advisory Board is a group of high level executives from
coal-related industrial enterprises. It was established by decision of the
International Energy Agency Governing Board in July 1979 to provide advice to
the IEA from an industry perspective on matters relating to coal. CIAB members
are drawn from countries accounting for over 80% of world coal production. The
CIAB role is defined by the IEA as providing a source of advice and suggestions
to the IEA, reporting to the Governing Board of the IEA on developments and
trends related to coal production, transport, trade and utilization, and
reporting on any other matters requested by the Governing Board or the Executive
Director.
Mr. Stan's nomination for CIAB membership was endorsed by the IEA Governing
Board at their most recent meeting.
"It is an honor to be considered and recommended for this appointment" said
Robert Stan. "My first association with the CIAB came in 1981 and I have
followed the work of the organization since that time. I look forward to being a
strong voice representing the Canadian coal industry as we fulfill the CIAB
mandate and provide our counsel to the IEA."
Grande Cache Coal is an Alberta based metallurgical coal mining company whose
experienced team of coal professionals are operating a mining operation that
produces metallurgical coal for the steel industry and holds coal leases
covering over 22,000 hectares in the Smoky River Coalfield located in
west-central Alberta. Grande Cache Coal's common shares are listed on the
Toronto Stock Exchange under the trading symbol "GCE".
This news release contains forward-looking statements, which are based on Grande
Cache Coal's current internal expectations, estimates, projections, assumptions
and beliefs, which may prove to be incorrect. The forward-looking statements are
not guarantees of future performance and undue reliance should not be placed on
them. Actual results may differ materially as a result of any number of factors
and uncertainties, many of which factors are beyond the Corporation's control.
Many of these risks and uncertainties are described in Grande Cache Coal's 2008
annual information form, Grande Cache Coal's management's discussion and
analysis and other documents Grande Cache Coal files with the Canadian
securities authorities. Grande Cache Coal undertakes no obligation to update or
revise any forward-looking statements except as required by applicable
securities laws.
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