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Colonial Coal Announces Its Ranking IN the Mining Sector ON the TSXV 2019 Venture 50

Corporate Updates

Colonial Coal was recognized as a Venture 50 company in 2019.

The Venture 50 logo is a trademark of TSX Inc. and is used under license.

COLONIAL COAL INTERNATIONAL CORP.

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

Telephone: (604) 568-4962

NEWS RELEASE

COLONIAL COAL ANNOUNCES ITS

RANKING IN THE MINING SECTOR ON THE TSXV 2019 VENTURE 50

Vancouver, B.C., Canada – February 21, 2019 – Colonial Coal International Corp. (TSX-V: CAD)

(the “ Company” or “ Colonial Coal ”). David Austin, Colonial Coal’s President and CEO, is

pleased to announce that the Company has achieved the ranking of 7th in the Mining Sector on the

2019 Venture 50 (the “Venture 50”) of the TSX Venture Exchange.

The Venture 50 are the top ten companies listed on TSXV Venture Exchange in each of five major

industry sectors – mining, energy & energy services, clean technology & life sciences, diversified

industries and technology – based on a ranking formula with equal weighting given to market cap

growth, trading volume amount and share price appreciation. Al l data was as of December 31,

2018.

Mr. Austin stated: “We are extremely proud of Colonial Coal’s achievements during the past year

and that the TSX Venture Exchange has now recognized the same bv inclusion of the company in

its Venture 50. We are very thankful of the incredible efforts put forward by the company’s

management, employees and contractors in having made this happe n, and we are very excited by

what the future holds for our company and its shareholders.”

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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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 Colu mbia, 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 inform ation 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 pa st, 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", "sh ould", 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 differen t from any future results,

performance or achievements expr essed or implied by such forwar d-looking statements. Such

factors include, among others, the following risks: risks assoc iated 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 ot her projects; and the volatility of

common share price and volume. F orward-looking statements are m ade 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 oblig ation to update forward-looking statements if these beliefs,

estimates and opinions or other circumstances should change. In vestors 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 TH IS

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.

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For further information please contact:

Colonial Coal International Corp.

Shane Austin

604.568.4962

[email protected]

www.ccoal.ca