Canada Coal Inc. Reports Earnings Results for the First Quarter Ended December 31, 2020

Canada Coal Inc. is a Canada-based junior resource mining company. The Company's principal business is the acquisition and exploration of coal properties in Nunavut, Canada. Its coal licenses are located on Ellesmere Island and Axel Heiberg Islands, Nunavut Territory, Canada. The project consists of 75 coal licenses geographically distributed as nine discrete exploration areas occupying a total of 989,521 hectares. The exploration areas consist of Fosheim Peninsula, Sor Fiord/Stenkul Fiord, Strathcona Fiord, Vesle Fiord/South Fosheim, May Point, Bache Peninsula, Li Fiord, Good Friday Bay and Mokka Fiord. The licenses are held by the Company's two subsidiaries: 5200 Nunavut Ltd. and Canadian Sovereign Coal Corp. The Company is at the early stages of exploration on its projects and has not generated revenues from its operations.