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CONTINENTAL COAL LTD - Appendix 3B - Issue of Securities

June 30, 2014

30 June 2014 Company Announcements Office Australian Securities Exchange Level 6, 20 Bridge StreetSYDNEY NSW 2000 Via E Lodgement Appendix 3B - Issue of Securities Continental Coal Limited ("Continental" or the "Company") announces that it has issued 40,000,000 fully paid ordinary shares in the capital of the Company in lieu of financing costs relating to A$2m of the A$5m bridging finance facility announced on 13 February 2014. A full Appendix 3B in relation to the issue of these fully paid ordinary shares is available from the Company's website at The Company has applied for the new shares to be admitted on both the ASX and AIM markets, with the shares expected to be admitted to AIM on or around 3 July 2014. Following the issue of these securities, the Company has the following total number of securities on issue: 745,692,712 Ordinary Shares 65,679,134 Listed Options (exercise price $0.50, expiry 30/06/2015) 12,500,000 Unlisted Options (exercise price $0.2216, expiry 15/05/2015) 8,000,000 Unlisted Options (exercise price $0.20, expiry 16/07/2016) 13,950,893 Unlisted Options (exercise price $0.368, expiry 23/08/2016) 6,000,000 Unlisted Options (exercise price $0.057, expiry 06/12/2017) 5,000,000 Unlisted Options (exercise price $0.05382, expiry 18/12/2017) 15,000,000 Unlisted Options (exercise price $0.06, expiry 15/05/2016) For and behalf of the Board Paul D'Sylva Interim Executive Chairman For further information please contact: Media (Australia) David Tasker Professional Public Relations T: +61 8 9388 0944 Nominated Advisor Oliver Morse and Trinity McIntyreRFC Ambrian Limited T: +61 8 9480 2500 Brokers Jonathan WilliamsRFC Ambrian Limited T : +44 203 440 6817 About Continental Coal LimitedContinental Coal Limited (ASX:CCC/AIM: COOL) is a South African thermal coal producer with a portfolio of projects located in South Africa's major coal fields including two operating mines, the Vlakvarkfontein and Penumbra Coal Mines, producing approx. 2Mtpa of thermal coal for the export and domestic markets. A Feasibility Study was also completed on a proposed third mine, the De Wittekrans Coal Project with a mining right granted in September 2013. Forward Looking Statement This communication includes certain statements that may be deemed "forward-looking statements" and information. All statements in this communication, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects to take place in the future are forward-looking statements and information. Although the Company believes the expectations expressed in such forward-looking statements and information are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements and information. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, drilling and development results, production rates and operating costs, continued availability of capital and financing and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those stated. South Africa Australia T +27 11 881 1420 F +27 862064487 W T +61 8 9488 5220 F +61 8 9324 3400 W 9th Floor Fredman Towers, 13 Fredman Ground Floor, 1 Havelock Street, West Drive, Sandton 2196 Perth, WA 6005 PO Box 787646, Sandton 2146 PO Box 684, West Perth, WA 6872 Interim Executive Chairman: Dr Paul D'Sylva Interim Executive Director: Mr Peter Landau Non-Executive Directors: Mr Connie Molusi and Dr Lars Schernikau

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Source: PR Newswire (UK Disclosure)

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