Coalspur appoints new Chairman and Director

CALGARY, Sept. 6, 2011 /CNW/ --
CALGARY, Sept. 6, 2011 /CNW/ - Coalspur Mines Limited ('Coalspur' or 'Company') (ASX: CPL, TSX: 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.

The appointments of Messrs Steyn and Breese, both with extensive
corporate and operational experience, is part of Coalspur's transition
from a coal exploration company into a major coal development company
on the cusp of bringing the Vista Coal Project into production. The
Bankable Feasibility Study ('BFS') remains on target for completion by the end of 2011 and preliminary
work on project financing and product off-take is now underway.

Appointment of Colin Steyn as Chairman

Mr Steyn has been a non-executive director of Coalspur since October 21,
2010 and his appointment as Chairman is effective immediately.

Mr Steyn has over 30 years experience in the resources sector and was
previously President and CEO of Toronto based LionOre Mining
International Limited ('LionOre') prior to it being acquired by Norilsk
Nickel International ('Norilsk') in 2007. He was one of the original
founders of LionOre and was instrumental in the growth and development
of LionOre into a major international mining house. During his time as
CEO, LionOre grew from a market capitalisation of US$100 million to
over US$6 billion. More recently, he was a non-executive Director of
Mantra Resources Limited, until its acquisition by Uranium One Inc
('Uranium One').

Mr Ian Middlemas has resigned as Chairman of the Company and will remain
as a non-executive Director of the Company.

Appointment of Peter Breese as a non-executive Director

Mr Breese has over 25 years operational experience in the global mining
industry, having predominantly worked across southern Africa (South
Africa, Botswana, Tanzania and Zimbabwe) and Australia in the uranium,
nickel, platinum and chrome sectors. He has held a number of senior
management positions in TSX and ASX publicly listed companies,
including CEO of Mantra Resources, before its US$1 billion acquisition
by Uranium One, Chief Executive of Norilsk, following its US$6 billion
acquisition of LionOre, where he was Chief Operating Officer, as well as
senior executive and board positions with Impala Platinum Holdings,
Mimosa Mining Company, Zimasco and BCL. He holds a PMD from Harvard
Business School.

Importantly Mr Breese will provide Coalspur with access to his strong
track record of successful project development and operations
management and will complement the Company's highly experienced
management team as the BFS nears completion and the Vista Coal Project
advances into the construction phase.

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