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Colonial Coal Provides Corporate and Annual General Meeting Updates

Shareholder Meetings

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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 PROVIDES CORPORATE AND ANNUAL GENERAL MEETING UPDATES

Vancouver, B.C., Canada – November 10, 2025 – Colonial Coal International Corp. (TSXV: CAD)

(the “Company” or “Colonial Coal”) is pleased to report on the following.

Corporate Update

Colonial Coal reports that discussions with several interested parties have recently accelerated,

such that the same are expected to be meeti ng with the Company over the coming weeks. Such

discussions involve various proposed strategic relationships respecting the Company and its core

assets; the particulars of certain of which the Company is hopeful will result in enhanced

shareholder value for Colonial Coal. The Company will continue to keep its shareholders and the

market apprised of any material information that becomes available in connection with any of the

same.

Annual General Meeting

The Company confirms that it has now comple ted the mailing of its meeting materials in

connection with its annual general meeting scheduled for December 10, 2025 (the “Meeting”).

Meeting Date, Location and Purposes

The Meeting will be held on December 10, 2025 at 9:00 a.m. (Vancouver time) at the offices of

McMillan LLP, located at Suite 1500, 1055 West Georgia Street, Vancouver British Columbia,

for the following purposes:

1. Financial Statements and A uditor’s Report: to receive the audited consolidated

financial statements of the Company for the financial year ended July 31, 2025 and

the auditor’s report thereon;

2. Election of Directors: to elect directors for the ensuing year;

3. Appointment of Auditor: to appoint PricewaterhouseCoopers LLP, Chartered

Professional Accountants, as auditor of the Company for the ensuing year and to

authorize the directors to fix the auditor’s remuneration;

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4. Approval of Current Stock Option Plan: to approve the continuation of the

Company’s current stock option plan; and

5. Other Matters: to transact such other business as may properly come before the

Meeting or any adjournment thereof.

For detailed information with respect to each of the matters in items 2, 3 and 4 above, please refer

to the section bearing the corresponding heading in the Management Information Circular prepared

in respect of the Meeting (the “Information Circular”).

The Information Circular and re lated Meeting materials (the “ Meeting Materials”) have been

posted to the Company’s profile at www.sedarplus.ca and on the Company’s website at

https://www.ccoal.ca/investors/agm-materials/.

Following the recent resumption of postal services by the Canadian Union of Postal Workers, there

may be delays in the delivery of the Meeting Materials to shareholders. Accordingly, shareholders

are encouraged to view the Meeting Materials as posted online and to cast their votes online or by

telephone, in accordance with the voting instructi ons provided in the Information Circular to

ensure instructions are received in a timely manner.

Voting of Common Shares

Shareholders are not required to be present at the Meeting and can vote Common Shares in advance

of the Meeting. Proxies or voti ng instruction forms, as appli cable, must be received by the

Company’s transfer agent, Computer share Investor Services Inc. (“ Computershare”), no later

than 9:00 a.m. (Vancouver time) on December 8, 2025, or at least 24 hours (excluding Saturdays,

Sundays and holidays) before any adjournment of the Meeting, or received by the chairman of the

Meeting before the commencement of the Meeting, or any adjournment thereof.

How Registered Shareholders Can Vote

Registered shareholders are shareholders who hold their Common Shares directly in the Company,

and not through a brokerage account or depository company. Registered shareholders may vote

online at www.investorvote.com, or vote by telephone by following the instruction on the form of

proxy. Registered shareholders who require their voting contro l numbers may obtain the voting

control numbers by calling Computershare at 1-8 00-564-6253 (toll-free in North America) or at

1-800-564-6253.

How Beneficial Shareholders Can Vote

Beneficial shareholders are shareholders who hold their Co mmon Shares through a brokerage

house, depository company or othe r intermediary. Beneficial shar eholders should contact their

brokerage house or depository company or other intermediary and ask to obtain their voting control

number and the steps of how to vote, which co uld include internet vo ting, completing a voting

instruction form and emailing it, directing your broker over the phone on how you wish to vote or

some other method as described by your brokerage house or depository company.

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THE COMPANY URGES SHAREHOLDERS TO REVIEW THE INFORMATION CIRCULAR

BEFORE VOTING.

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.

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 northeast Coal Block of British Columbia, within which our Company’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 info rmation can be found on the Company’s website

www.ccoal.ca or by viewing the Company’s filings at www.sedarplus.ca.

Forward-Looking Information

Information set forth in this news release may involve fo rward-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 ot her 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. RE ADERS 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 more information about Colonial Coal Inte rnational Corp. and our projects, please visit

https://www.ccoal.ca/

Contacts

Colonial Coal Investor Contact:

David Austin, President and CEO

604.644.6639

[email protected]

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