Subject: Colonial Coal International Corp - News release dated April 14, 2025
Word Document
File: '\\swfile\EmailIn\20250414 141027 Attachment COLONIAL COAL INT. CORP._(57795V-248426)_News Release - Tony's Passing etc. (April 2024).docx'
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LEGAL_46498759.1
LEGAL_46498759.1
COLONIAL COAL INTERNATIONAL CORP.
Suite 200 -595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5
Telephone: (604) 568-4962
NEWS RELEASE
THE PASSING OF TONY HAMMOND AND A CORPORATE UPDATE
Vancouver, B.C., Canada - April 14, 2025 - Colonial Coal International Corp. (TSX-V: CAD) (the "Corporation" or "Colonial Coal") is saddened to announce the recent passing of Anthony (Tony) Hammond, a founding director of Colonial and a longtime friend and supporter of Colonial Coal, its management and all mining projects that Tony was instrumental in administrating and developing.
Tony served as a director of Colonial Coal since October 2010 and a director of Colonial Coal Corporation since November 2008. Tony, as a mining engineer, acted as the Chairman and Managing Director of Great Orme Mines Ltd., in North Wales, United Kingdom, since March 1990. Formerly, from 1963 to 1981, Tony worked for Anglo American Corporation in various positions, including as the Manager of Planning at the Vaal Reefs Mine in South Africa. Tony was also previously the Chief Consulting Mining engineer of Robertson Research International from 1981 to 1984, and has acted on the boards of directors of numerous public companies including NEMI.
David Austin, Colonial Coal's CEO, stated: "With Tony's passing we not only lose a valuable contributor and supporter of Colonial Coal, but we also lose a very dear and cherished friend who has supported the Corporation and me and my family personally for over 35 years. Our sincerest condolences to Tony's family; which is our family; and we wish them nothing but support and the continuing knowledge that Tony was a great person who will be missed by many".
Colonial Coal continues to work very hard and in earnest with its bankers to solicit various significant levels of interest in connection with each of its seasoned Huguenot and Flatbed coking coal projects located in northeast British Columbia; the Huguenot project itself being the subject of a prior Preliminary Economic Assessment which was published by the Corporation.
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.
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 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 other 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. 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.
For further information please contact:
Colonial Coal International Corp.
Shane Austin
604.568.4962
saustin@ccoal.ca
www.ccoal.ca
PDF Document
File: Attachment COLONIAL COAL INT. CORP. - News Release dd April 14, 2025.pdf
COLONIAL COAL INTERNATIONAL CORP.
Suite 200 -595 Howe Street, Vancouver, British Columbia, Canada, V6C 2T5
Telephone: (604) 568-4962
NEWS RELEASE
THE PASSING OF TONY HAMMOND AND A CORPORATE UPDATE
Vancouver, B.C., Canada April 14, 2025 Colonial Coal International Corp. (TSX-V: CAD)
(the "Corporation" or "Colonial Coal") is saddened to announce the recent passing of Anthony
(Tony) Hammond, a founding director of Colonial and a longtime friend and supporter of Colonial
Coal, its management and all mining projects that Tony was instrumental in administrating and
developing.
Tony served as a director of Colonial Coal since October 2010 and a director of Colonial Coal
Corporation since November 2008. Tony, as a mining engineer, acted as the Chairman and
Managing Director of Great Orme Mines Ltd., in North Wales, United Kingdom, since March
1990. Formerly, from 1963 to 1981, Tony worked for Anglo American Corporation in various
positions, including as the Manager of Planning at the Vaal Reefs Mine in South Africa. Tony
was also previously the Chief Consulting Mining engineer of Robertson Research International
from 1981 to 1984, and has acted on the boards of directors of numerous public companies
including NEMI.
David Austin, Colonial Coal's CEO, stated: "With Tony's passing we not only lose a valuable
contributor and supporter of Colonial Coal, but we also lose a very dear and cherished friend who
has supported the Corporation and me and my family personally for over 35 years. Our sincerest
condolences to Tony's family; which is our family; and we wish them nothing but support and the
continuing knowledge that Tony was a great person who will be missed by many".
Colonial Coal continues to work very hard and in earnest with its bankers to solicit various
significant levels of interest in connection with each of its seasoned Huguenot and Flatbed coking
coal projects located in northeast British Columbia; the Huguenot project itself being the subject
of a prior Preliminary Economic Assessment which was published by the Corporation.
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
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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 forward-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 other 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. 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.
For further information please contact:
Colonial Coal International Corp.
Shane Austin
604.568.4962
saustin@ccoal.ca
www.ccoal.ca
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