- Business
- Colonial Coal International Corp. (TSX-V: CAD) is a pure-play metallurgical coal development company focused on the acquisition, exploration and development of coal properties in Canada. The company holds a 100% interest in the Huguenot project, comprising 17 coal licenses covering approximately 9,531 hectares in the Liard Mining Division of northeastern British Columbia with combined measured and indicated resources of 277.7 million tonnes and an additional 119.2 million tonnes inferred, amenable to both surface and underground mining; and the Flatbed project, including eight coal licenses spanning about 9,607 hectares in the same region featuring a proposed underground mine with approximately 298 million tonnes of inferred resources at the Gordon deposit. It also pursues interests in Watson Island near Prince Rupert, British Columbia, for potential seaport terminal and industrial park development to support coal exports. Founded in 2007 and headquartered at 595 Howe Street in Vancouver, British Columbia, Colonial Coal targets premium hard coking coal and high-quality pulverized coal injection grades for Asian steel mills amid regional merger and acquisition activity. In recent developments, the company reports accelerated discussions with multiple interested parties on proposed strategic relationships for its core assets as of November 2025, anticipated to enhance shareholder value; it completed mailing materials for its annual general meeting on December 10, 2025, urging online voting amid postal delays.