Early Warning Report Filed Under National Instrument 62-103



    TORONTO, June 25 /CNW/ -

    
    1.  Name and address of the Offeror

        SIA Funds AG
        Seedammstrasse 3
        Pfaffikon
        Switzerland
        CH-8808

    2.  The designation and number or principal amount of securities and the
        Offeror's securityholding percentage in the class of securities of
        which the Offeror acquired ownership or control in the transaction or
        occurrence giving rise to the obligation to file the news release,
        and whether it was ownership or control that was acquired in those
        circumstances.

        On April 28, 2008, the Offeror acquired control over 317,000 common
        shares (the "Common Shares") of Grande Cache Coal Corporation. As a
        result of such acquisition, the Offeror controls an aggregate of
        7,608,500 Common Shares, representing approximately 10.42% of the
        issued and outstanding Common Shares.

    3.  The designation and number or principal amount of securities and the
        Offeror's securityholding percentage in the class of securities
        immediately after the transaction or occurrence giving rise to the
        obligation to file a news release.

        The Offeror controls an aggregate of 7,608,500 Common Shares,
        representing approximately 10.42% of the issued and outstanding
        Common Shares.

    4.  The designation and number or principal amount of securities and the
        percentage of outstanding securities of the class of securities
        referred to in paragraph 3 over which:

           (i)   the Offeror, either alone or together with joint actors, has
                 ownership and control,

                 N/A

           (ii)  the Offeror, either alone or together with joint actors, has
                 ownership but control is held by other persons or companies
                 other than the Offeror or any joint actor,

                 N/A

           (iii) the Offeror, either alone or together with joint actors, has
                 exclusive or shared control but does not have ownership.

                 The Common Shares are owned by various segregated investment
                 accounts over which the Offeror exercises full discretionary
                 investment management authority. The accounts include mutual
                 fund accounts fully managed by the Offeror, with the
                 breakdown of Common Shares holdings as follows:

                 ------------------------------------------------------------
                                          Number of Issuer
                         Entity              Securities            %
                 ------------------------------------------------------------
                 LONG TERM INVESTMENT        4,873,167           6.68%
                 FUND
                 ------------------------------------------------------------
                 GLOBAL VALUE MINING         2,628,333           3.60%
                 FUND SA
                 ------------------------------------------------------------
                 LTIF - STABILITY SIA          107,000           0.15%
                 FUNDS
                 ------------------------------------------------------------

    5.  The name of the market in which the transaction or occurrence that
        gave rise to the news release took place.

        The Common Shares were acquired by the Offeror through the facilities
        of the Toronto Stock Exchange.

    6.  The value, in Canadian dollars, of any consideration offered per
        security if the Offeror acquired ownership of a security in the
        transaction or occurrence giving rise to the obligation to file a
        news release.

        The 317,000 Common Shares were acquired by the Offeror through the
        facilities of the Toronto Stock Exchange at an average price of
        6.03$.

    7.  The purpose of the Offeror and any joint actors in effecting the
        transaction or occurrence that gave rise to the news release,
        including any future intention to acquire ownership of, or control
        over, additional securities of the reporting issuer.

        The Offeror acquired the securities for investment purposes only. The
        Offeror acts as investment manager on behalf of mutual funds and
        other client accounts and in respect of the acquired securities
        specifically disclaims any beneficial ownership. The Offeror's
        managed accounts may from time to time acquire additional securities,
        dispose of some or all of the existing or additional securities, or
        may continue to hold such securities depending on market and other
        conditions.

    8.  The general nature and the material terms of any agreement, other
        than lending arrangements, with respect to securities of the
        reporting issuer, entered into by the Offeror, or any joint actor,
        and the issuer of the securities or any other entity in connection
        with the transaction or occurrence giving rise to the news release,
        including agreements with respect to the acquisition, holding,
        disposition or voting of any securities.

        N/A

    9.  The names of any joint actors in connection with the disclosure
        required by this form.

        None

    10. In the case of a transaction or occurrence that did not take place on
        a stock exchange or other market that represents a published market
        for the securities, including an issuance from treasury, the nature
        and value in Canadian dollars of the consideration paid by the
        Offeror.

        N/A

    11. If applicable, a description of any change in any material fact set
        out in a previous report by the entity under the early warning
        requirements or Part 4 of National Instrument 62-103 in respect of
        the reporting issuer's securities.

        N/A

    12. If applicable, a description of the exemption from securities
        legislation being relied on by the Offeror and the facts supporting
        that reliance.

        N/A

        Dated June 20, 2008
    





For further information:

For further information: Contact Information: Alex J. Rauchenstein,
General Manager, SIA Funds AG, Seedammstrasse 3, Postfach, CH-8808 Pfaffikon,
Switzerland, www.s-i-a.ch, +41 55 417 47 22, rauchensein@s-i-a.ch

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SIA FUNDS AG

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