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File: Colonial - Early Warning News Release - David Austin - March 31 2015.docx

DAVID AUSTIN 200-595 Howe Street Vancouver, British Columbia, V6C 3B6
NEWS RELEASE
March 31, 2015
David Austin, of 200-595 Howe Street, Vancouver, British Columbia, V6C 3B6, has today filed an early warning report da
--->ted March 31, 2015 advising of his holdings in Colonial Coal International Corp. ("Colonial").
Mr. Austin has acquired beneficial ownership and control of 8,950,000 common shares of Colonial, pursuant to a plan of
---> arrangement (the "Arrangement") between Colonial and Tuya Energy Inc. ("Tuya").  These shares represent 9.25% of the 
--->issued and outstanding common shares of Colonial.
Mr. Austin now directly and indirectly has ownership and control over an aggregate of 19,101,700 common shares and 1,4
--->00,000 options in the capital of Colonial representing 20.88% of the issued and outstanding common shares of Colonial,
---> assuming the exercise of the options held by Mr. Austin.
The common shares of the Colonial are listed on the TSX Venture Exchange and trade under the trading symbol "CAD".  Th
--->ese shares were acquired pursuant to the Arrangement and Mr. Austin may acquire further securities of Colonial in the 
--->future.
The early warning report respecting this acquisition has been filed on the System for Electronic Document Analysis and
---> Review (SEDAR) under Colonial's profile and can be viewed at www.sedar.com.  In order to obtain a copy of the early w
--->arning report please contact David Austin at 604-568-4962.

"David Austin"  David Austin



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