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LEGAL_48035298.3

COLONIAL COAL INTERNATIONAL CORP.

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

Telephone: (604) 568-4962

NEWS RELEASE

COLONIAL COAL PROVIDES CORPORATE AND ANNUAL GENERAL MEETING UPDATES

Vancouver, B.C., Canada - November 10, 2025 - Colonial Coal International Corp. (TSXV: CAD) (the "Company" or "Colonial Coal") is pleased to report on the following.

Corporate Update

Colonial Coal reports that discussions with several interested parties have recently accelerated, such that the same are expected to be meeting with the Company over the coming weeks. Such discussions involve various proposed strategic relationships respecting the Company and its core assets; the particulars of certain of which the Company is hopeful will result in enhanced shareholder value for Colonial Coal. The Company will continue to keep its shareholders and the market apprised of any material information that becomes available in connection with any of the same.

Annual General Meeting

The Company confirms that it has now completed the mailing of its meeting materials in connection with its annual general meeting scheduled for December 10, 2025 (the "Meeting").

Meeting Date, Location and Purposes

The Meeting will be held on December 10, 2025 at 9:00 a.m. (Vancouver time) at the offices of McMillan LLP, located at Suite 1500, 1055 West Georgia Street, Vancouver British Columbia, for the following purposes:

Financial Statements and Auditor's Report: to receive the audited consolidated financial statements of the Company for the financial year ended July 31, 2025 and the auditor's report thereon;

Election of Directors: to elect directors for the ensuing year;

Appointment of Auditor: to appoint PricewaterhouseCoopers LLP, Chartered Professional Accountants, as auditor of the Company for the ensuing year and to authorize the directors to fix the auditor's remuneration;

Approval of Current Stock Option Plan: to approve the continuation of the Company's current stock option plan; and

Other Matters: to transact such other business as may properly come before the Meeting or any adjournment thereof.

For detailed information with respect to each of the matters in items 2, 3 and 4 above, please refer to the section bearing the corresponding heading in the Management Information Circular prepared in respect of the Meeting (the "Information Circular").

The Information Circular and related Meeting materials (the "Meeting Materials") have been posted to the Company's profile at www.sedarplus.ca and on the Company's website at https://www.ccoal.ca/investors/agm-materials/.

Following the recent resumption of postal services by the Canadian Union of Postal Workers, there may be delays in the delivery of the Meeting Materials to shareholders. Accordingly, shareholders are encouraged to view the Meeting Materials as posted online and to cast their votes online or by telephone, in accordance with the voting instructions provided in the Information Circular to ensure instructions are received in a timely manner.

Voting of Common Shares

Shareholders are not required to be present at the Meeting and can vote Common Shares in advance of the Meeting. Proxies or voting instruction forms, as applicable, must be received by the Company's transfer agent, Computershare Investor Services Inc. ("Computershare"), no later than 9:00 a.m. (Vancouver time) on December 8, 2025, or at least 24 hours (excluding Saturdays, Sundays and holidays) before any adjournment of the Meeting, or received by the chairman of the Meeting before the commencement of the Meeting, or any adjournment thereof.

How Registered Shareholders Can Vote

Registered shareholders are shareholders who hold their Common Shares directly in the Company, and not through a brokerage account or depository company. Registered shareholders may vote online at www.investorvote.com, or vote by telephone by following the instruction on the form of proxy. Registered shareholders who require their voting control numbers may obtain the voting control numbers by calling Computershare at 1-800-564-6253 (toll-free in North America) or at 1-800-564-6253.

How Beneficial Shareholders Can Vote

Beneficial shareholders are shareholders who hold their Common Shares through a brokerage house, depository company or other intermediary. Beneficial shareholders should contact their brokerage house or depository company or other intermediary and ask to obtain their voting control number and the steps of how to vote, which could include internet voting, completing a voting instruction form and emailing it, directing your broker over the phone on how you wish to vote or some other method as described by your brokerage house or depository company.

THE COMPANY URGES SHAREHOLDERS TO REVIEW THE INFORMATION CIRCULAR BEFORE VOTING.

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 Company'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.sedarplus.ca.

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 more information about Colonial Coal International Corp. and our projects, please visit https://www.ccoal.ca/

Contacts

Colonial Coal Investor Contact:

David Austin, President and CEO

604.644.6639

daustin@ccoal.ca