Cobalt Coal Corp.
TSX VENTURE : CBT

July 07, 2011 16:01 ET

Cobalt Coal Corp. Announces Name Change, Share Consolidation and New Trading Symbol

CALGARY, ALBERTA--(Marketwire - July 7, 2011) - Cobalt Coal Corp. ("Cobalt" or the "Company") (TSX VENTURE:CBT), announces that the Company has completed its previously announced share consolidation and name change to "Cobalt Coal Ltd." and effective July 8, 2011, the consolidated common shares will begin trading on the TSX Venture Exchange under the symbol "CCF".

On June 29, 2011, the shareholders approved the consolidation of the capital of the Company on the basis of ten (10) old common shares for one (1) new common share and a name change to Cobalt Coal Ltd.

About Cobalt

Cobalt is a publicly traded coal exploration and production company headquartered in Calgary, Alberta, Canada with a regional office in Welch, West Virginia USA. Cobalt was created to capitalize on the growth opportunities that exist in the metallurgical coal mining industry.

Neither 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.

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