Coalcorp Announces Approval of Melior Resources Inc. and Stock Symbol Change

Coalcorp Mining Inc. (TSX VENTURE:CCJ) ('Coalcorp') is pleased to announces that
it has received approval from the TSX Venture Exchange to change its name to
Melior Resources Inc. ('Melior').


Effective September 29th, 2011, the common shares of Melior will commence
trading on TSXV under the trading symbol MLR (CUSIP 58548A1049). The Company's
warrants will also commence trading on September 29th, 2011, under MLR.WT.B
(CUSIP 58548A1122).


The name change better reflects the Company's strategy to invest in mining,
metallurgical and mineral companies.


Forward Looking Statements Disclaimer

Forward Looking Statements made in this news release may be forward-looking and
therefore subject to various risks and uncertainties. Such statements can
typically be identified by terminology such as "may", "will", "could", "should",
"expect", "potential", "plan", "anticipate", "believe", "intend", "possible",
"continue", "objective" or other similar expressions concerning matters that are
not historical facts. Certain material factors or assumptions are applied in
making forward-looking statements and actual results may differ materially from
those expressed or implied in such statements. Coalcorp does not undertake to
update any forward-looking statements; such statements speak only as of the date
made.