Coalcorp Announces Resignation from its Board of Directors

Mon Nov 17, 7:51 AM

TORONTO, Nov. 17 /CNW/ - Coalcorp Mining Inc. (TSX-CCJ) today announced that Michael Beckett has resigned as a director, effective November 14, 2008. Mr. Beckett also served as Chairman of the Board of Directors. The company wishes to thank Mr. Beckett for his service and dedication to the company and its shareholders and wishes him well in his future endeavours.

Coalcorp is a coal mining, exploration and development company with interests in the La Francia coal mine and related infrastructure projects and a number of coal exploration properties, all located in Colombia. Further information can be obtained by visiting our websitewww.coalcorp.ca.

Contacts

Peter Volk
General Counsel and Secretary
(416) 360-4653