Coalspur Mines Ltd.

Highlights:

        --  Following the completion of a positive feasibility study on
            Vista, Highland Park has exercised its option to purchase an
            additional 15 million shares in the Company
        --  Following the exercise, Highland Park will own approximately
            138.5 million shares, which represents approximately 22.3% of
            the outstanding ordinary shares

CALGARY, Feb

PERTH, Western Australia, Jan. 31, 2012 /CNW/ - Coalspur Mines Limited ('Coalspur' or 'Company')

Highlights:

        --  Completed the final major technical study on the Company's
            flagship Vista Coal Project ('Vista') with the completion of a
            Bankable Feasibility Study ('BFS'). A Bankable Feasibility

Highlights:

        --  Annual marketable coal production capacity of 11.2Mtpa, after
            ramp-up to full production, and a 30 year mine life on Vista at
            a 9.2:1 clean coal strip ratio
        --  Mine gate cash costs of C$27.3/t in the initial 10 years of
            production and C$34.4/t over life of mine
        --  Average Free-on-Board cash costs of C$61.0/t in the initial 10

Highlights:

        --  Proven and Probable Marketable Coal Reserves on Vista increase
            20% to 313Mt from 260Mt
        --  Recoverable Coal Reserves increase by 8% to 566Mt
        --  Increase in Marketable Coal Reserves attributable to a larger
            pit limit, clean coal yield improvement and a refined mining
            and coal recovery plan
        --  30 year mine life on Vista with

EDMONTON and CALGARY, Nov. 10, 2011 /CNW/ - CN

The MOU establishes the framework for an