EastCoal Inc. (TSX VENTURE:ECX)(AIM:ECX) ("EastCoal" or the "Company") announces
that on January 16, 2014 the Supreme Court of British Columbia (the "Court")
issued a court order approving the Company's application for the sale of its
subsidiaries as announced on January 16, 2104 (the "Disposals"). In addition,
the Court issued the Company with a 46 day extension to make a proposal to its
creditors under the Bankruptcy and Insolvency Act (Canada) ("BIA"). The
extension has the effect of allowing the Company until March 3, 2014 in which to
make a proposal to creditors. 


The Company has also received conditional approval of the TSX Venture Exchange
for the Disposals.


FOR FURTHER INFORMATION PLEASE CONTACT: 
EastCoal Inc.
Abraham Jonker
President
+1 (604) 681-8069
info@eastcoal.ca
www.eastcoal.ca


Cenkos Securities plc
Alan Stewart/Derrick Lee
+44 (0) 131 220 6939
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