Cobalt Coal Ltd.
TSX VENTURE : CBT

Cobalt Coal Ltd.

May 29, 2012 11:55 ET

Cobalt Coal Ltd. Announces Q1 Results

CALGARY, ALBERTA--(Marketwire - May 29, 2012) - Cobalt Coal Ltd. ("Cobalt" or the "Company") (TSX VENTURE:CBT), announces it has filed its financial statements and Management Discussion & Analysis for the quarter ended March 31, 2012 on SEDAR (www.sedar.com).

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.

READER ADVISORY

Statements in this news release may contain forward-looking information. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. These risks include, but are not limited to, the risks associated with the coal mining industry, commodity prices and exchange rate changes. Industry related risks could include, but are not limited to, operational risks in exploration, development and production, delays or changes in plans, risks associated to the uncertainty of reserve estimates, health and safety risks and the uncertainty of estimates and projections of production, costs and expenses. The reader is cautioned not to place undue reliance on this forward-looking information.

Neither TSX Venture Exchange nor its regulation/service 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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