Colonial Coal Provides Update
LEGAL_40384071.1
COLONIAL COAL INTERNATIONAL CORP.
Suite 200 -595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5
Telephone: (604) 568-4962
NEWS RELEASE
COLONIAL COAL PROVIDES UPDATE
Vancouver, B.C., Canada – December 22, 2022 – Colonial Coal Intern ational Corp. (TSX-V:
CAD) (the “Corporation” or “Colonial Coal”) confirms that, on the facts as presently known to
the Company and the market, the recent decision of the B.C. Environmental Assessment Office
respecting an environmental asse ssment certificate for Glencore Canada’s Sukunka mine has no
bearing whatsoever on Colonial Coal’s current coal projects and their further development.
Neither the TSX Venture Exchange nor its Regu lation Services Provider (as that term is
defined in the policies of the TSX Venture Exch ange) accepts responsibility for the adequacy
or accuracy of this news release.
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 Bl ock 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 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 perfor mance, and often contain wo rds such as "anticipate",
"believe", "plan", "estimate", "expect", and "intend", statem ents 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 materi ally 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. Forwar d-looking statements are made based on management's
beliefs, estimates and opinions on the date that statemen ts 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. Invest ors 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,
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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 further information please contact:
Colonial Coal International Corp.
Shane Austin
604.568.4962
www.ccoal.ca