GRANDE CACHE COAL MINES

Grande Cache Coal Corporation has filed its annual information form for the fiscal year ended March 31, 2011 with Canadian security regulatory authorities along with an updated independent technical report prepared by AMEC Americas Limited estimating the coal resources and reserves of Grande Cache Coal in compliance with National Instrument 43-101.

Grande Cache Coal reported to have sold a record 1.77 million tonnes of coal in the fiscal year ended March 31, 2010 which represents a 67% increase over sales of 1.06 million tonnes in the previous fiscal year. Sales for the three months ended March 31, 2010 were 0.43 million tonnes versus 0.11 million tonnes in the comparable period of last year.

Grande Cache Coal announced its financial and operating results for the three and nine months ended December 31, 2009. Third quarter net income was $4.3 million, versus net income of $36.8 million, in the comparable period last year. Third quarter coal sales were 0.47 million tonnes, compared to 0.36 million tonnes sold in the same period of fiscal 2009.