VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 6, 2013) - Colonial Coal International Corp. (TSX VENTURE:CAD) (the "Company" or "Colonial Coal").
David Austin, Colonial Coal's President and CEO, is pleased to report that The Honourable John D. Reynolds, P.C., has been appointed as a member of the Company's Advisory Board effective immediately:
"We are extremely pleased that Mr. Reynolds has agreed to work with us as an invaluable member of the Company's Advisory Board team. John will be of great assistance to all of the Company's various governmental relations and financing-related activities and initiatives going forward," stated Mr. Austin.
About Honourable John D. Reynolds, P.C.
Mr. Reynolds' career includes substantial experience in venture capital development, consumer products marketing, resource sector development and elected political office, both federal and provincial. Mr. Reynolds began his career in the sales and marketing field; was western sales manager for Rust Craft Greeting Cards; joined Ethicon Sutures Ltd. (a subsidiary of Johnson & Johnson) and at that time was the youngest manager ever appointed by that company. Mr. Reynolds political career began in 1972, when he was elected to the House of Commons as a Progressive Conservative Member of Parliament for the British Columbia riding of Burnaby-Richmond-Delta. He was re-elected in the 1974 general election. During his time as an MP (1972-1977), he served on numerous standing committees, health and welfare, sport and fitness, transportation, and justice and legal affairs. He chaired the Progressive Conservative Caucus Committee responsible for the Department of Supply and Services. Following his tenure as an elected official, Mr. Reynolds pursued work in the private sector, which included directorships on the boards of numerous public companies, including International Corona Resources; one of the largest gold discoveries in North America.
Mr. Reynolds began his provincial government political career in 1983, elected as Member of the Legislative Assembly for British Columbia for the riding of West Vancouver-Howe Sound. Re-elected in 1986 and elected Speaker of the Legislative Assembly on March 9, 1987, a post he served with distinction until his appointment to Cabinet on November 1, 1989, as Minister of Environment. During Mr. Reynolds term as Speaker of the Legislative Assembly and as a consequence of his particular interest in the Commonwealth, he held the position of President of the British Columbia branch of the Canadian Commonwealth Parliamentary Association. In September 1989, he was elected Vice-Chairman of the executive Committee of the Commonwealth Parliamentary Association, for a three-year term. Mr. Reynolds is the first British Columbian politician elected to the executive of this association, which is composed of representatives from 112 Commonwealth nations, states and provinces.
As Minister of Environment in British Columbia, Mr. Reynolds chaired the Cabinet Committee on Environment and Land Use, was a member of the Planning and Priorities Committee of Cabinet, Regional and Economic Development Committee of Cabinet, Native Affairs Committee of Cabinet, Cultural Heritage Committee of Cabinet, and the Vancouver International Airport Cabinet Committee. He was also a member of the BC/Alberta Boundary Commission, the BC/Yukon/NWT Boundary Commission, and the Environmental Appeal Board. Following the 1991 provincial election, Mr. Reynolds moved to Scottsdale, Arizona where he resided from 1992 to 1996. During that four-year period he was President of a Venture Capital Company, involved in numerous projects.
In 1997, Mr. Reynolds returned to British Columbia and on June 2, 1997, he was again elected to the House of Commons as a Reform Party Member of Parliament for the riding of West Vancouver-Sunshine Coast. He was appointed on June 20, 1997, to the 'shadow cabinet' of the Official Opposition as Critic for Citizenship and Immigration. One year later, in June 1998, he took over as Chief Opposition Critic for Fisheries and Oceans and on August 31, 1998, Mr. Reynolds was asked to take over the Justice portfolio as Chief Opposition Critic. On August 1, 2000, the new leader of the Canadian Alliance, Stockwell Day, appointed Mr. Reynolds Chief Opposition Whip. In this capacity, Mr. Reynolds was a member of the Procedure and House Affairs Committee, and a member of the Board of Internal Economy, which manages the budget of the House of Commons. On November 27, 2000, Mr. Reynolds was re-elected by the electorate of West Vancouver - Sunshine Coast for a second term and was re-appointed as Chief Opposition Whip. In January 2001, Mr. Reynolds was appointed as the Official Opposition House Leader. In December 2001, Mr. Reynolds was elected Leader of the Opposition in the House of Commons by the Canadian Alliance Caucus, and Leader of the Canadian Alliance by the national council of the Canadian Alliance Party.
On May 13, 2002, after Stephen Harper's election as Member of Parliament in Calgary Southwest, Mr. Harper became the Leader of the Opposition and appointed Mr. Reynolds as the Official Opposition House Leader. In January 2004, he resigned that position to become Co-chair of the Stephen Harper Leadership Campaign. Following Mr. Harper's successful bid to become Leader of the Conservative Party of Canada, Mr. Reynolds was again appointed Official Opposition House Leader on March 22, 2004. Mr. Reynolds was vice-chair of the Commonwealth Parliamentary Association and vice-chair of the Canada/UK Parliamentary Association.
Mr. Reynolds' community activities have included being a founding member and chairman of the Gordie Howe Foundation for Disabled Athletes, member of the International Churchill Society, and he served as a member of the Board of Governors for the 1994 Victoria Commonwealth Games Society. He was awarded the Queens Medal in 1978 and 2002. He was re-elected in the June 28, 2004 general election. Shortly after the election Stephen Harper appointed Mr. Reynolds as the Official Opposition House Leader and Critic for Sports. On January 24, 2005, Mr. Reynolds stepped aside as Official Opposition House Leader after deciding not to seek re-election. John Reynolds served as co-chair of the successful national Conservative Party campaign for the January 23, 2006 federal election, in which Stephen Harper was elected the Prime Minister of Canada. Mr. Reynolds was appointed as a member of the Queen's Privy Council for Canada on February 6, 2006.
About Colonial Coal International Corp.
Colonial is a publicly traded pure-play coking coal company in British Columbia. The northeast Coal Block of British Columbia, within which our Company's projects are located, hosts a number of proven deposits and has been the subject of M&A activities by Xstrata, Walter Energy, Anglo-American and others.
Information set forth in this news release may involve forward-looking statements. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address a company's expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing; reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; and the volatility of common share price and volume. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and except as required by law, the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
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