Coalspur Mines Limited

Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is pleased to announce that Mr Colin Steyn has been appointed as Chairman of the Company and Mr Peter Breese has been appointed as a non-executive Director to the Company, effective immediately.

Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is is pleased to announce that it has further strengthened its management team with the appointment of Mr Wayne Drier who will join the Company as Vice President, Commercial.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that it has successfully completed its previously announced private placement of 6,000,000 ordinary shares at C$1.85 each to raise a further C$11.1 million, before costs.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce a Coal Resource upgrade of 87.2 million tonnes on Vista. This increases the Company's total Coal Resource to 1.46 billion tonnes.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that it has further expanded its coal lease position with the acquisition of an additional 1,200 hectares of Crown Coal Leases. The acquisition increases the Company's land position to 33,271 hectares.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that it has recently completed additional drilling on the Vista South Coal Project which has confirmed further mineralization outside the current resource model. The results from the recent drilling will be utilized to increase the understanding of the geological structure and coal quality and update the existing Coal Resource estimate on Vista South.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that Coalspur Mines (Operations) Ltd, a wholly-owned subsidiary of the Company, has been granted a mine permit and coal processing plant approval from the ERCB in relation to the Company's Vista Coal Project located in Alberta, Canada.

Coalspur Mines Limited (ASX:CPL) (TSE:CPT) (PINK:CSPZF) is pleased to announce that it has successfully completed its public offering of 24,000,000 ordinary shares of the Company at an issue price of C$1.85 per Ordinary Share for gross proceeds to the Company of C$44.4 million. This was announced to the market on April 13, 2011.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) is pleased to announce that the Government of Alberta has issued three Orders In Council which authorize the Energy Resources Conservation Board (the "ERCB") to: (1). amend Approval No. C 82-2 by changing the holder's name for the Coal Processing Plant #8 approval to a subsidiary of the Company; (2). amend Mine Permit No. C82-60 into two distinct mine permits; and (3). transfer one of the two new distinct mine permits (McPherson Creek Mine No. 1815) to a subsidiary of the Company.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) (TSE:CPT) has entered into an agreement with a syndicate of agents led by Haywood Securities Inc., BMO Capital Markets and RBC Capital Markets under which the Agents have agreed to place up to 24,000,000 ordinary shares of the Company at an issue price of C$1.85 per Ordinary Share for gross proceeds to the Company of up to C$44.4 million.