CCJ Coalcorp Mining

Coalcorp Mining Inc. (TSX VENTURE: CCJ) ("Coalcorp") announced that it has made the final payment of US$8.4 million of principle and accrued interest for the remaining Senior Notes maturing August 31, 2011.

Forward Looking Statements Disclaimer

Forward Looking Statements made in this news release may be forward-looking and therefore subject to various risks and uncertainties. Such statements can typically be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "possible", "continue", "objective" or other similar expressions concerning matters that are not historical facts. Certain material factors or assumptions are applied in making forward-looking statements and actual results may differ materially from those expressed or implied in such statements. Coalcorp does not undertake to update any forward-looking statements; such statements speak only as of the date made.

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 release.

Contacts: Coalcorp Mining Inc. Steven Cresswell Chief Financial Officer 416-644-1217