Fortbridge Media Release

Celsius Coal Limited [ASX: CLA] - Celsius secures A$10 million strategic funding from Singapore-based Blumont

Celsius Coal (ASX: CLA) has announced a strategic funding arrangement from Blumont Group Limited for A10 million.

Highlights:

� Celsius has secured A$10 million of new financing from Blumont to fully fund its 2013 exploration and development program.
� A$5 million will be available immediately through an ordinary share placement of 227,272,727 Celsius shares at A$0.022 per share.
� Additional A$5 million in the form of Convertible Notes to be drawn in the second half of 2013, with such notes convertible at A$0.025-0.030 per share and carrying 12.5% annual interest.
� Celsius and Blumont to form Strategic Alliance to review additional investment opportunities in Central Asia and whereby Blumont will nominate a director to Celsius and Celsius will provide a director to Blumont.

�I�m happy that our 2013 program is fully-funded with this strategic alliance.� said Grant Thomas, Managing Director �We are already planning an accelerated physical exploration program to commence this northern hemisphere spring. We hope the prospectivity of these projects becomes clear in the minds of investors once our maiden JORC Code compliant resource is released in March. The opportunity to cooperate with Blumont to review other potential projects in Central Asia is also exciting.�

Please click on the link below for more details.

For further information, please contact:

Ranko Matic
Company Secretary
Telephone: +61 (08) 9226 4500

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