Colonial Coal Issues Stock Options
COLONIAL COAL INTERNATIONAL CORP.
Suite 200 -595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5
Telephone: (604) 568-4962
NEWS RELEASE
COLONIAL COAL ISSUES STOCK OPTIONS
Vancouver, B.C., Canada – April 5, 2018 – Coloni al Coal International Corp. (TSX-V: CAD)
(the “Corporation” or “Colonial Coal”) is pleased to announce that it has granted stock options
(each, a “ Stock Option ”) to acquire an aggregate of up to 7,325,000 common shares of the
Company to certain directors, officers, employees and consultants of the Company in accordance
with the provisions of the Company’s previously approved share option plan. The Stock Options
are fully vested and are exercisable at a price of $0.31 per common share for a period of 10 years
from the date of grant.
Following the issuance of these Options th e Company has a total of 11,570,000 options
outstanding pursuant to its share option plan, which represent approximately 7.78% of the issued
and outstanding common shares of the Company. Th is grant of Options is subject to regulatory
approval.
About Colonial Coal International Corp.
Colonial Coal is a publicly traded coal corporati on in British Columbia that focuses primarily on
coking coal projects. The nor theast 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 Xstrata, Anglo-American and others.
Additional information can be f ound on the Corporation’s website www.ccoal.ca or by viewing
the Corporation’s filings at www.sedar.com.
For further information please contact:
Colonial Coal International Corp.
David Austin, President and CEO
604.568.4962
www.ccoal.ca
Forward-Looking Information
Information set forth in this news releas e involves forward-looking statements, including statements relating to the Corporation’s
potential sale of an interest in its Flat bed Property. Forward-looking statements are statements that relate to future, not pa st,
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events. In this context, forward-looking statements often ad dress a Corporation’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 natu re,
forward-looking statements involve know n and unknown risks, uncertainties and othe r factors which may cause our actual
results, performance or achievements, or ot her future events, to be materially diffe rent from any future results, performance o r
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 n eed for additional financing; re liance on key personnel; the poten tial
for conflicts of interest among certain offi cers or directors with cert ain other projects; and the volatility of common share p rice
and volume. Forward-looking statements ar e made based on manage ment’s beliefs, estimates a nd opinions on the date that
statements are made and except as re quired by law, the Corporation 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 RELEA SE REPRESENTS THE
EXPECTATIONS OF THE CORPORATI ON AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS
SUBJECT TO CHANGE AFTER SUCH DATE. RE ADERS SHOULD NOT PLACE UNDUE IMPORTANCE ON
FORWARD-LOOKING INFORMATION AND SHOULD NOT R ELY UPON THIS INFORMATION AS OF ANY OTHER
DATE. WHILE THE CORPORATION MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION
AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES
LEGISLATION.
Neither the TSX Venture Exchange nor its Re gulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
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