Coalspur Mines Limited

The Directors of Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) are pleased to announce the completion of work on a coal quality study on the Company's Vista Coal Project (the "Project") located in Alberta, Canada. The program has successfully confirmed the export quality of the coal and importantly the test results have verified the reliability of the initial historical quality data which has been previously published by Coalspur. The Vista Coal Project contains 906 million tonnes JORC/43-101 resource of low sulphur, high volatile bituminous thermal coal of which 90% is in the measured and indicated categories.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that the Company has commenced work on a mining Pre-Feasibility Study at the Company's newly renamed Vista Coal Project located near Hinton, Alberta, Canada.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that it has entered into an agreement for the acquisition of 6 coal leases held by a private Canadian corporation in Alberta, Canada ("New Leases").

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to advise that it has further strengthened its management team with the appointment of Mr David Leslie as Vice President, Technical Services.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to present its March 2010 quarterly report.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that it will make a placement to the Highland Park Group who will become a strategic investor in the Company. The placement will significantly strengthen the Company's financial position as well as provide access to Highland Park's substantial resource management skills and also greatly assist in lifting the Company's profile in North American markets. Funds from the placement will enable the Company to accelerate the development of its Hinton Coal Project based in Alberta, Canada and pursue related new business development opportunities.

ABN Newswire stocks to watch today include: AuDAX Resources Limited (ASX:ADX) (PINK:ADXRF), AusTex Oil Limited (ASX:AOK) (PINK:ATXDF), Universal Resources Limited (ASX:URL), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF), Adelaide Energy Limited (ASX:ADE) (PINK:ADEZF), Burleson Energy Limited (ASX:BUR), Beach Energy Limited (ASX:BPT) (PINK:BEPTF) and Otto Energy Limited (ASX:OEL) (PINK:OTTEF).

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to advise that it has completed its planned first phase exploration drilling program on the Hinton Coal Project ("HCP"). The 10 hole drilling program commenced in February 2010 and was completed ahead of schedule and within budget.

The Board of Directors of Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) present their report on Coalspur Mines Limited ("Company" or "Coalspur") and the entities it controlled during the half year ended 31 December 2009 ("Consolidated Entity").

ABN Newswire stocks to watch today include: Galaxy Resources Limited (ASX:GXY) (PINK:GALXF), Otto Energy Limited (ASX:OEL), Australian Bauxite Limited (ASX:ABZ), Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF), Havilah Resources NL (ASX:HAV) and Fufeng (HKG:0546) (OTC:FFNGY).