Pan Asia Corporation Limited (ASX:PZC) update on acquisition of innovation West Pty Ltd

Further to the previous announcements made by Pan Asia Corporation Limited (ASX:PZC) (Pan Asia or the Company), the Company provides the following information by way of update regarding Pan Asia's proposed acquisition of an interest in certain coal projects in Indonesia through the purchase of all of the issued capital of Innovation West Pty Ltd (Innovation West or IW) (Acquisition).

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