TORONTO, ONTARIO--(Marketwire - Feb. 22, 2011) - Coalcorp Mining Inc. ("Coalcorp" or the "Company") (TSX VENTURE:CCJ.H) announces that it filed today its financial statements, and related management discussion and analysis for the six-month period ending December 31st, 2010 (the "Financials").

A copy of the Financials are available on the SEDAR website at www.sedar.com and the Company's website at www.coalcorp.ca.

ABOUT COALCORP

The board of directors of the Company has adopted a new business strategy for the Company which is intended to capitalize on the Board's and management's expertise and capital and allow the Company to invest in, and aid growth in, projects in the mining, metallurgical and mineral industries. Coalcorp currently holds investments in Formation Metals Inc. and Gold Hawk Resources Inc. Further information can be obtained under the Company's profile at www.sedar.com.

Contact Information: Coalcorp Mining Inc.
Steven Cresswell
Interim Chief Executive Officer
416-644-1217
www.coalcorp.ca