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[Ferro-Alloys.com]Pacific Coal Resources Ltd. (TSXV: PAK) announced today that the Company's Chief Executive Officer, Mr. Luis Carvajales, has tendered his resignation, effective immediately. The Company would like to thank Mr. Carvajales for his service and valuable contribution to the Company and wishes him well in his future endeavours. The duties of the Chief Executive Officer will be assumed by the Company's recently appointed Executive Chairman, Mr. Hernan Martinez.

 

The Company is pleased to announce the appointment of Mr. Luigi Salemi Nieto as the Chief Operating Officer of the Company and Mr. Ricardo Plata as the Executive Vice-President of the Company, effective immediately.