CONTINENTAL COAL LTD - Results of Annual General Meeting

21 November 2013

                       RESULTS OF ANNUAL GENERAL MEETING

The Directors advise that resolutions 1, 3, 4 and 6 to 14 detailed in the
Notice of Annual General Meeting of Continental Coal Limited were passed by the
requisite majority on a show of hands at the Annual General Meeting of the
Company held on 21 November 2013. Resolutions 2 and 5 were withdrawn from the
meeting.

Listed below is a summary of the number of proxy votes cast in respect to the
resolutions put to shareholders at the Annual General Meeting:

       Resolution            For      Against    Proxy's      Proxy's     Abstain
                                                Discretion  Discretion
                                                  (Open)   (Conditional)

 1. Adoption of          120,583,283 13,049,565 2,396,399   17,000,000   1,203,827
    Remuneration Report

 2. Spill Resolution                       Resolution Withdrawn

 3. Election of Director 135,200,336 2,696,084  19,429,990      Nil       856,664
    - Bernard Swanepoel

 4. Election of Director 134,244,290 3,660,821  19,408,399      Nil       869,564
    - Ron Chamberlain

 5. Re-Election of                         Resolution Withdrawn
    Director - Jason
    Brewer

 6. Issue of Options to  22,625,871  3,193,233  20,208,399      Nil       402,753
    Village Main Reef
    Limited

 7. Approval for Issue   22,192,870  3,152,832  19,408,399      Nil      1,676,155
    of Convertible Notes
    to Village Main Reef
    Limited

 8. Ratification of      134,529,740 3,093,264  19,404,399      Nil      1,155,671
    Prior Issue of
    Shares to Baycrest
    Capital LLC Pursuant
    to Continuous
    Investment Agreement

 9. Ratification of      134,458,812 3,077,192  19,404,399      Nil      1,242,671
    Prior Issue of S
    hares to Susquehanna
    LLC

10. Issue of Shares to   133,517,539 3,763,231  19,506,399      Nil      1,395,905
    Susquehanna LLC

11. Ratification of      133,432,447 4,231,675  20,028,399      Nil       480,553
    Prior Issue of
    Shares to Lender

12. Ratification of      133,035,154 4,524,116  20,040,899      Nil       582,905
    Prior Issue of
    Shares and Options
    to Royalty Holders

13. Issue of Shares to   133,448,216 4,735,315  19,404,399      Nil       595,144
    Royalty Holders

14. Issue of Shares to   131,933,627 6,312,282  19,416,199      Nil       520,966
    Related Party (Mr
    Don Turvey)

The Company's Annual General Meeting presentation is available for viewing on
the Company's website at www.conticoal.com.

Dennis Wilkins

Company Secretary

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