Gary Williams

Pan Asia Corporation Limited is an Australia-based company, which is engaged in coal exploration and development. The Company owns interest in its underground high CV thermal coal project and the PT Transcoal Minergy Project in South Kalimantan, Indonesia. The Company has completed exploration-drilling program in a total Joint Ore Reserves Committee (JORC) resource of approximately 180 metric ton. The JORC Resource from mineable seams is approximately 130 metric ton. The Company's segments include Australia and Indonesia. The Indonesia segment includes PT PZC Services and PT Transcoal Minergy. The Company is focused on acquiring a coal operation in the Bowen Basin in Queensland Australia. The Company's subsidiaries include Innovation West Pty Ltd, Innovation West Mentewe Pte Ltd, PT PZC Services and Triumph West Pty Ltd. Innovation West Pty Ltd has interest in Innovation West Mantewe Pte Ltd, which holds interest in PT Transcoal Minergy.