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Australian Pacific Coal Limited ( (AU:AQC) ) has shared an announcement.
Australian Pacific Coal Limited has been served with a legal claim by ZKR Holdings Limited, which demands US$1,800,000, the issuance of unlisted options, and a life of mine royalty. The claim arises from alleged services provided by ZKR and accusations of misleading or deceptive conduct by AQC. AQC intends to contest the claims but acknowledges the potential financial risks involved.
More about Australian Pacific Coal Limited
Australian Pacific Coal Limited is a company involved in the coal industry, focusing on coal supply and marketing agreements, particularly in collaboration with companies like Vitol Asia Pte Ltd.
YTD Price Performance: -21.00%
Average Trading Volume: 1,130,390
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$55.34M
Find detailed analytics on AQC stock on TipRanks’ Stock Analysis page.