Coalcorp Announces Board Appointment and Resignation



    TORONTO, Jan. 9 /CNW/ - Coalcorp Mining Inc. (TSX-CCJ) today announced
the appointment of Bruce Barraclough to the board of directors of the company,
subject to regulatory approval, effective today.
    Mr. Barraclough worked for Ernst & Young LLP for 37 years, 27 of which
were as a Partner. His clients consisted of large and small TSX or Venture
Exchange-listed companies with both domestic and international operations, as
well as Foreign Private Issuers registered in the United States. He has been
involved with IPOs, due diligence and spin-offs. Mr. Barraclough is a Fellow
of the Institute of Chartered Accountants of Ontario. He also has an MBA from
the Schulich School of Business at York University and a Bachelor of Applied
Science from the University of Toronto.
    The company also announced that Miguel Rodriguez has resigned as a
director, effective today. The company wishes to thank Mr. Rodriguez 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.





For further information:

For further information: Peter Volk, General Counsel and Secretary,
(416) 360-4653

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Coalcorp Mining Inc.

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