December 27, 2014 6:00 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Birmingham Coal & Coke Company, Inc.

Company Overview

Birmingham Coal & Coke Company, Inc. produces and markets coal to industrial, utility and export markets. It owns and operates three coal mines with an average annual coal production of approximately 480,000 tons. The company also offers coal brokerage services. Birmingham Coal & Coke Company, Inc. was founded in 2000 and is based in Birmingham, Alabama. As of May 9, 2011, Birmingham Coal & Coke Company, Inc. operates as a subsidiary of CanAm Coal Corp.

2477 Valleydale Road

Birmingham, AL 35244-2087

United States

Founded in 2000

Phone:

205-982-8971

Fax:

205-982-8973

Key Executives for Birmingham Coal & Coke Company, Inc.

Compensation as of Fiscal Year 2014.

Birmingham Coal & Coke Company, Inc. Key Developments

Birmingham Coal & Coke Obtains Gooden Creek #2 Mine Permit

Birmingham Coal & Coke (BCC) was issued permit #3979 by the Alabama Surface Mining Commission (ASMC) for the Gooden Creek #2 Mine. This permit is a five year surface mining permit covering a total of 401 acres. The Gooden Creek #2 Mine is adjacent to the Gooden Creek Mine and, with most infrastructures already in place, the Company is targeting an immediate production startup. Annual productive capacity at the Gooden Creek #2 mine is forecasted at 120,000 to 150,000 tons per annum. The coal at the Gooden Creek #2 mine is considered to have the same qualities characteristics as the coal that was being mined from the Gooden Creek mine. On average, the core sample analysis has indicated 4% ash, 1.3% sulfur and 14,000 BTU/lb.

Birmingham Coal & Coke Company, Inc. Obtains Posey Mill II Mine Permit

CanAm Coal Corp. reported that its subsidiary, Birmingham Coal & Coke Company, Inc. was issued permit # 3963 by the Alabama Surface Mining Commission ("ASMC") for the Posey Mill II Mine. This permit is a 5 year surface mining permit covering a total of 781 acres. The PM2 Mine is adjacent to the Bear Creek and the Knight Mine and, with most infrastructure already in place, the company is targeting a February 2013 production startup. Annual productive capacity at the Posey Mill II mine is forecasted at 100,000 to 150,000 tons per annum. The coal at the PM2 mine is considered to have similar qualities/characteristics as the coal that is currently being mined from the existing Bear Creek and Knight Mines. On average, the proximate analysis has indicated 12% ash, 0.7% sulfur and 11,500 BTU/lb. These average values are consistent with the assays reported from drilling; mine face sampling and product deliveries.

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