Colonial Coal Issues Stock Options

Press Release

Vancouver, B.C., Canada – November 20, 2019 – Colonial 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 2,100,000 common shares of the Company to each of a certain director and consultant 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 $0.35 per common share for a period of 10 years from the date of grant.

This grant of Options is subject to regulatory approval.

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 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 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.

For further information please contact:

Colonial Coal International Corp.

Shane Austin

604.568.4962

saustin@ccoal.ca

www.ccoal.ca

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