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Colonial Coal International Corporation

Colonial Coal International Corporation (“CCIC”) (TSX-V: CAD, OTC: CCARF) is a publicly-traded pure-play metallurgical coal development company. Currently, CCIC holds a 100% interest in two resource-stage coal properties in the Peace River Coalfield of northeastern British Columbia, Canada: namely, the Huguenot and Flatbed properties. NI 43-101 compliant resources totaling approximately 189 million tonnes of combined Measured & Indicated resources plus 194 million tonnes of Inferred resources of hard coking coal have been estimated for main deposit at Huguenot. NI 43-101 compliant resources totaling approximately 298 million tonnes of Inferred metallurgical coal resources have been delineated at Flatbed. David Austin (President, CEO & Chairman) co-founded and built Western Coal Corp., sold to Walter Energy in 2010 for CAD$3.3 billion, and is credited for the exploration, development and sale of Northern Energy & Mining Inc. (NEMI) to Anglo for + CAD$400 million. Since 2010 Western Canada has seen significant M&A activity in the metallurgical coal market.

 
 
Earlier Event: May 10
Western Copper and Gold Corp
Later Event: May 17
Seabridge Gold Inc.