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Continental Coal Ltd
1 Haverlock Street
Level 3
Phone: +61 8 9488 5220p:+61 8 9488 5220 West Perth, WA  C3 6005  Australia Ticker: CCCCCC
Filed for Bankruptcy on 5/26/2016
On 1/8/2014, the Company announced that it has been in active discussions with the holders of Convertible Notes that mature from November 2013 to February 2014, other creditors, royalty holders and various investor groups in relation to a comprehensive recapitalization of the Company. To this point, no restructure and/or refinancing arrangements have been agreed that are acceptable to all parties. If no acceptable restructure and/or refinancing arrangements can be agreed in the near term, the Board considers that the appointment of a voluntary administrator to the Company in Australia may be necessary, as it will have insufficient funds to meet the repayment obligations on the Convertible Notes and other creditors.
On 4/21/2016, the Federal Court of Australia appointed Robert Kirman of McGrathNicol Partnership as Provisional Liquidator of the Company.
On 5/26/2016, the Federal Court of Australia issued a Winding Up Order for the Company and appointed Official Liquidators.
This company is no longer actively traded on any major stock exchange.
Business Summary
Continental Coal Limited is a thermal coal production company. The Company is engaged in the exploration, operation and development of thermal coal projects in South Africa. The Company's operating mines include Penumbra, Vlakvarkfontein and Ferreira. The Company's Vlakvarkfontein project has produced over 1,190,000 tons per month run of mine (ROM) average thermal coal production. Its Vlakvarkfontein project is engaged in development and coal production with opencast truck, and shovel contract mining and Eskom supply contract. The Penumbra project has delivered over 280,000 tons ROM. In addition, the Company holds development project, De Wittekrans coal project, which is an underground export and domestic thermal coal mining project with a capacity to produce over 3.6 million metric tons per annum of ROM. The Company also holds other exploration projects in South Africa, such as Vlakplaats, Project X, Vaalbank, Leiden, Knapdaar, Wolvenfontein, Wesselton II and Mooifontein.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/20156/30/2014YesYes---

Industries
SIC Code Description
1221 Bituminous coal and lignite surface mining
1222 Bituminous coal underground mining

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Operating Officer JohanHeystek 11/1/2010 11/1/2010
Interim Executive Director Peter N.Landau 2/13/2014 12/10/2002
Joint Company Secretary JohnRibbons 5/14/2013 5/14/2013
3 additional Officers and Directors records available in full report.

Business Names
Business Name
CCC
CCCN
CGFAY
13 additional Business Names available in full report.

General Information
Outstanding Shares: 1,657,182,351 (As of 6/30/2015)
Shareholders: 6,756
Stock Exchange: ASX


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Saturday, July 22, 2023