CCK Canada Coal (delisted)

Canada Coal Inc. (the "Company" or "Canada Coal"), (TSX VENTURE:CCK) announces
that pursuant to a review conducted by the Staff of the Ontario Securities
Commission ("OSC"), the OSC has requested that the Company clarifies certain
statements made by the Company in its April 14, 2014 press release announcing
that the Company was evaluating opportunities in the medical marijuana ("MM")
space. 


The Company continues to explore potential opportunities in the MM field
although, at this time, the Company has not entered into any form of letter of
intent or definitive agreement in respect to any transaction. The Company's
efforts, to date, have focused on conducting due diligence on a potential target
company that has applied to be a "Licenced Producer" under the Marijuana for
Medical Purposes Regulations ("MMPR"). Such target company has not, to date,
received such a licence from Health Canada. The obtaining of such license would
be a condition precedent to any transaction the Company may enter into.


In respect to any transaction the Company may pursue in the MM field, the
Company cautions as follows: (i) the Company is still in an early stage of
exploration into potential MM business opportunities and there can be no
assurance that any such projects in the industry will be successfully completed;
(ii) the Company confirms that it has no intention to apply for a MMPR licence
directly; rather, the Company (as stated in its April 14, 2014 press release) is
focused on acquiring a target that has received such a licence from Health
Canada; (iii) at this time, the Company cannot quantify the time frame and costs
associated with entering the MM field since the Company is still at a
preliminary stage of investigation; (iv) any transaction to acquire a MM
business will be subject to board of director, shareholder and regulatory
approval including that of the TSX Venture Exchange; (v) furthermore, at this
time, the Company's board of directors has not passed any resolution to approve
entry into the MM field, or to authorize the Company to amend its principal
business; (vi) that Health Canada has stringent licensing requirements
applicable to all entities that obtain a MM licence, including significant
infrastructural requirements of attaining and maintaining a licence (such as an
indoor growing facility with physical barriers, visual monitoring, recording
devices, intrusion detection, air filtration systems, as well as other important
controls around distribution and access); and (vii) that any facility meeting
the rigorous licensing requirements of Health Canada must be available for
inspection by Health Canada before any licence can be granted.


About Canada Coal 

Canada Coal is a publicly listed company focused on coal exploration and
development in Nunavut. Through its two wholly-owned subsidiaries, Canada
Sovereign Coal Corp. and 5200 Nunavut Ltd., Canada Coal holds 59 active and 9
pending coal exploration licence blocks totaling 1,769,539 acres located
primarily on Ellesmere Island in Nunavut (the "Nunavut Coal Property").  


On behalf of the Board of Directors

R. Bruce Duncan, President and Chief Executive Officer 

FOR FURTHER INFORMATION PLEASE CONTACT: 
Canada Coal Inc.
R. Bruce Duncan
President and Chief Executive Officer
1-604-638-0971
info@canadacoal.com
www.canadacoal.com

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