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Colonial Coal Nominates Gregory a. Waller FOR Director

Corporate Updates

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COLONIAL COAL INTERNATIONAL CORP.

Suite 200 -595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5

Telephone: (604) 568-4962

NEWS RELEASE

COLONIAL COAL NOMINATES GREGORY A. WALLER FOR DIRECTOR

Vancouver, B.C., Canada – August 29, 2017 – Colonial Coal International Corp. (TSX-V: CAD)

(the “ Corporation” or “ Colonial Coal ”) is pleased to announce that Gregory A. Waller has

consented to put ting his name forward, with the support our entire Board of Directors, for

nomination for election as a director of Colonial Coal at the Corporation’s upcoming annual

general meeting materials to be held on September 13, 2017.

Mr. Waller has over 30 years of experience in the mining industry as a senior executive in the

areas of investor relations, business and corporate development, marketing and finance.

Currently, Mr. Waller is Senior Vice President, Investor Relations and Strategic Analysis, for

Teck Resources Limited. He has been a key member of the senior management team at Teck

and involved with numerous acquisitions, financings and other strategic initiatives. Mr. Waller

holds an MBA from the University of Calgary and a B. Comm. from the University of British

Columbia.

David Austin, President and CEO of Colonial Coal, stated: “We are ve ry pleased to have Greg

join our Board. His extensive experience in corporate development and finance, with deep

knowledge of the metallurgical coal industry , will be an excellent complement to our existing

Board.”.

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 Xstrata, Walter Energy, Anglo-American and others.

Additional information can be found 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

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604.568.4962

[email protected]

www.ccoal.ca

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Forward-Looking Information

Information set forth in this news release involves forward -looking statements, including statements relating to the Corporation’s

potential sale of an interest in its Flatbed Property. Forward -looking statements are statements that relate to future, not past,

events. In this context, forward -looking statements often address 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 na ture,

forward-looking statements involve k nown 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 pot ential

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 b y 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 RELEASE REPRESENTS THE

EXPECTATIONS OF THE CORPORATION 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 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 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 news release.

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