Colonial Coal Announces Results of Agm and Appointments
LEGAL_37374125.1
COLONIAL COAL INTERNATIONAL CORP.
Suite 200 -595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5
Telephone: (604) 568-4962
PRESS RELEASE
COLONIAL COAL ANNOUNCES RESULTS OF AGM AND APPOINTMENTS
Vancouver, B.C., Canada, Tuesday, December 14, 2021 – Colonial Coal International Corp.
(TSX-V: CAD) (the “ Company” or “ Colonial”) is pleased to announce the results of the
Company’s annual general meeting (the “ AGM”) held on December 14, 2021, in Vancouver,
British Columbia.
The Company is pleased to report that, at its AGM, the shareholders voted to re-elect David
Austin, Ian Downie, Anthony Hammond, John Perry, Gregory Waller and Partha S.
Bhattacharyya as directors of the Company for the ensuing year.
In addition, at the AGM the shareholders also approved the re-appointment of
PricewaterhouseCoopers LLP, Chartered Professional Accountants, as the Company’s auditor,
and authorized the directors to fix the auditor’s remuneration.
Furthermore, at the AGM the shareholders also approved the Company’s current Share Option
Plan
For more information on these matters please refer to the Company’s AGM Management Proxy
Circular which is available on SEDAR (at www.sedar.com).
Following the AGM the Board of Directors (the “Board”) met and confirmed the appointment of
the following Company executive officers:
David Austin: Chairman, President and Chief Executive Officer;
John Perry: Chief Operating Officer; and
Andrea Yuan: Corporate Secretary and Chief Financial Officer;
and the re-appointment of the following members to the Company’s current Audit Committee:
Ian Downie (Chairman); David Austin; and Anthony Hammond.
The Board would like to thank the shareholders for their ongoing support.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
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About Colonial Coal International Corp.
Colonial Coal is a publicly traded coal corporation in British Columbia that focuses primarily on
coking coal projects. The northeast Coal Block of British Columbia, within which our
Corporation’s projects are located, hosts a number of proven deposits and has been the subject of
M&A activities by Anglo-American and others. Additional information can be found on the
Company's website www.ccoal.ca or by viewing the Company's filings at www.sedar.com.
Forward-Looking Information
Information set forth in this news release may involve forward-looking statements. Forward-looking statements are
statements that relate to future, not past, events. In this context, forward-looking statements often address a
company's expected future business and financial performance, and often contain words such as "anticipate",
"believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could",
"should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements
involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance
or achievements, or other future events, to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such factors include, among others, the
following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on
key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects;
and the volatility of common share price and volume. Forward-looking statements are made based on management's
beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company
undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other
circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking
statements.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE
EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY,
IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE
ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF
ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE
THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH
APPLICABLE SECURITIES LEGISLATION.
For further information please contact:
Colonial Coal International Corp.
Shane Austin
604.568.4962
www.ccoal.ca