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COE

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Share Name Share Symbol Market Type
TSXV:COE TSX Venture Common Stock
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  0.00 0.00% 0 -

CanAm Sells a Record 67,500 Tons in July 2013, a 20% Increase Over the Average Monthly Sales of 56,000 Tons in Q2

26/08/2013 2:01pm

Marketwired Canada


CanAm Coal Corp. (TSX VENTURE:COE)(OTCQX:COECF) ("CanAm" or the "Company") is
pleased to report preliminary coal sales for the month of July 2013 of
approximately 67,500 tons. This establishes another record for the Company and
represents a 10% increase over June sales of approximately 61,500 tons. With
initial mine development and transition now completed, monthly production/sales
from the Company's four mines should be between 60,000 to 70,000 tons per month.
This represents a substantial increase from average actual Q1 and Q2 sales of
approximately 50,000 and 56,000, respectively. 


Company President and CEO, Jos De Smedt commented: "We are extremely pleased
with our July production/sales results as the hard work of our team to
transition from mine development to steady state production has resulted in
another record month in the history of our Company. With all of our mines now in
full production mode and all of this production fully contracted for by our
customers, we have a great start to the second half of 2013.


The Company is expected to release its second quarter full financial results at
the end of August 2013.


About CanAm Coal Corp.

CanAm is a coal producer and development company focused on growth through the
acquisition, exploration and development of coal resources. CanAm's main
activities and assets include its operating coal mines in Alabama and the Buick
Coal Project which holds significant coal resources, 188 million indicated and
103 million inferred resources, in Colorado, USA (see the technical report
entitled "Limon Lignite Project, Elbert County, Colorado, USA," dated October
26, 2007 and filed on SEDAR on November 2, 2007). Other coal and related
opportunities continue to be evaluated on an ongoing basis. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


Forward-Looking Information and Statements

This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the Company's disclosure documents on the SEDAR website at
www.sedar.com. The Company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CanAm Corporate Office:
Jos De Smedt
President & CEO
403.262.3797 or Toll Free: 1.877.262.5888
jdesmedt@canamcoal.com
www.canamcoal.com

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