VANCOUVER, British Columbia, Sept. 18, 2013 (GLOBE NEWSWIRE) -- Coalspur Mines Limited ("Coalspur" or "Company") (ASX:CPL) (TSX:CPT) is pleased to announce that Xenia Kritsos has been appointed joint Company Secretary of Coalspur.
Ms. Kritsos, who is based in Vancouver, has more than 15 years of experience as a lawyer, both in the mining industry and in private practice in Canada and overseas. Ms. Kritsos also holds the position of Vice President and General Counsel of the Company.
About CoalspurCoalspur is a thermal coal development company with approximately 55,000 hectares of coal leases located within the Hinton region of Alberta, Canada. Coalspur's flagship project is the Vista project, which covers approximately 10,000 hectares and provides for the development of a large scale, surface mineable, thermal coal operation. No regulatory authority has approved or disapproved of the information contained in this release. Cautionary Note Regarding Forward Looking Statements This release contains forward-looking information concerning Coalspur. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are statements of forward-looking information. Although the Company believes that such forward-looking information is based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from the forward-looking information. Factors that could cause actual results to differ materially from the forward-looking information, include but are not limited to: risks associated with funding requirements for Vista development; fluctuations in coal prices; uncertainties related to the availability of future financing; risks related to Coalspur's existing credit facility, risks associated with take or pay commitments with Ridley Terminals, risks associated with the need for governmental licences, permits and approvals, uncertainties related to aboriginal rights claims and multiple mineral development, and uncertainties related to general economic, market and business conditions. For more information on Coalspur, investors should review Coalspur's continuous disclosure filings that are available at www.sedar.com and www.asx.com.au.
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