Pacific Premium Coal Pty Ltd offered to acquire Australian Pacific Coal Limited (ASX:AQC) for AUD 50.48 million on September 7, 2022. Pacific Premium Coal Pty Ltd has offered AUD 1 for each AQC share. The Company advises that the proposal is at an extremely early stage, is non-binding, conditional and requires further consideration.

Shareholders are advised to take no action at this time.