Colonial Coal hires Canaccord Genuity and Maxit Capital as financial advisers

   Colonial Coal International {TSX.V: CAD}

Colonial Coal has engaged both Canaccord Genuity Corporation  and Maxit Capital as its financial advisers.

Both are mining investment banks, and familiar with achieving best value for their clients.

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Colonial hires Canaccord, Maxit as financial advisers

2019-02-11 06:51 ET – News Release

Mr. Shane Austin reports

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COLONIAL COAL ANNOUNCES ENGAGEMENTS OF CANACCORD GENUITY CORP. AND MAXIT CAPITAL

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Colonial Coal International Corp. has engaged each of Canaccord Genuity Corp. and Maxit Capital as its financial advisers.

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Canaccord Genuity is a leading independent global investment bank who provides innovative corporate and advisory solutions that are tailored to helping their clients achieve a wide range of strategic and financial goals. Canaccord Genuity is also able to offer cross-border capabilities based on their global perspective and sector insights.

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Maxit Capital is a leading independent mining investment bank and its highly experienced team of professionals has a long track-record of success sourcing and executing on some of the largest and most complex transactions in the natural resource industry.

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Mr. Austin stated: “We are extremely pleased to have an opportunity to work with each of Canaccord Genuity and Maxit in order to bring greater potential value to our shareholders, as we expect that Canaccord Genuity’s innovative and global perspectives, coupled with Maxit’s specialized knowledge, will ensure that we are provided with very professional, experienced, trusted and unbiased advice in the best interests of our company going forward”.

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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 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.

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Additional information can be found on the Company’s website www.ccoal.ca

or by viewing the Company’s filings at www.sedar.com

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