Kuro Coal to acquire major coking coal project

Kuro Coal Limited (“Kuro” or the “Company”), a wholly owned subsidiary of Atrum Coal NL (“Atrum”)(ASX:ATU),
which is to be separately listed on the ASX under the code “KCO” following an Initial Public Offering, is pleased
to announce it has agreed to acquire up to a 70% interest in the Elan Coking Coal Project (“Elan”) located in
Alberta, Canada.

Click here to view the full announcement.