Wrap Text
Changes to the board of directors
Forbes & Manhattan Coal Corp.
(Registration number: 002116278)
(External company registration number: 2011/011661/10)
Share code on the Toronto Stock Exchange: FMC
Share code on the JSE Limited: FMC
ISIN: CA3451171050
(“Forbes Coal” or “the Company”)
FORBES COAL PROVIDES CORPORATE UPDATE
TORONTO, ONTARIO – June 12, 2014: Forbes & Manhattan Coal Corp. (“Forbes Coal” or
the “Company”) (TSX: FMC) (JSE: FMC) is pleased to announce the appointment of Mr. David
Thomas to the board of directors of Forbes Coal. The appointment of Mr. Thomas follows the
resignation of Mr. Thomas Quinn Roussel who has stepped down as a director of Forbes Coal.
Mr. Roussel will not stand for re-election at the upcoming Forbes Coal shareholder meeting to
be held on June 27, 2014.
Mr. Thomas, P.Geo., is Managing Director (Canada) for RCF Management (Toronto) Inc. Prior
to joining RCF in 2010, Mr. Thomas spent 15 years in investment banking as a mining analyst
and institutional equity salesperson. Mr. Thomas is a geologist with an Honours Bachelor of
Earth Science degree from the University of Waterloo and a Master of Science degree from
Queen's University. As an exploration geologist, Mr. Thomas worked for eight years with
Minnova Inc. and Metall Mining, exploring primarily for base metals in Canada.
The board of directors of the Company would like to thank Mr. Roussel for his past service to
Forbes Coal and the board wishes him well in his future endeavors.
About Forbes Coal
Forbes Coal is a growing coal producer in southern Africa. It holds a majority interest in two
operating mines through its 100% interest in Forbes Coal (Pty) Ltd., a South African company
which has a 70% interest in Zinoju Coal (Pty) Ltd. (“Zinoju”). Zinoju holds a 100% interest in the
Magdalena bituminous mine and the Aviemore anthracite mine in South Africa. Forbes Coal has
an experienced coal-focused management team.
Cautionary Notes:
This press release contains “forward-looking information” within the meaning of applicable
Canadian securities legislation. Forward-looking information includes, but is not limited to,
statements with respect to the appointment and resignation of directors of the Company and
future financial or operating performance of Forbes Coal and its projects. Generally, forward-
looking information can be identified by the use of forward-looking terminology such as “plans”,
“expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,
“intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and
phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be
taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity,
performance or achievements of Forbes Coal to be materially different from those expressed or
implied by such forward-looking information, including but not limited to: general business,
economic, competitive, foreign operations, political and social uncertainties; a history of
operating losses; delay or failure to receive board or regulatory approvals; timing and availability
of external financing on acceptable terms; not realizing on the potential benefits of the proposed
transaction; conclusions of economic evaluations; changes in project parameters as plans
continue to be refined; future prices of mineral products; failure of plant, equipment or processes
to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and,
delays in obtaining governmental approvals or required financing or in the completion of
activities. Although Forbes Coal has attempted to identify important factors that could cause
actual results to differ materially from those contained in forward-looking information, there may
be other factors that cause results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward-looking information. The Company does not undertake to
update any forward-looking information, except in accordance with applicable securities laws.
FOR FURTHER INFORMATION PLEASE CONTACT:
Craig Wiggill Malcolm Campbell
Chairman Chief Executive Officer
Email: crwiggill@gmail.com +27 82 924 4444
Email : mcampbell@forbescoal.com
13 June 2014
Sponsor:
Sasfin Capital
(a division of Sasfin Bank Limited)
Date: 13/06/2014 11:53:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
