Cline Mining Corporation

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Description

The Company has developed its wholly owned flagship underground coal mine into production using state-of-the-art technology and equipment. Our Colorado mine has a NI 43-101 compliant Measured and Indicated Resource of 618.9 million tons of metallurgical coal which is sufficient for over 30 years of mine production. The Company is also in the process of exploring its wholly owned Cline Lake gold project after establishing an initial mineral resource of over 50,000 ounces of gold.

Matt Goldfarb / Chief Restructuring Officer and Acting Chief Executive Officer Mr. Goldfarb has over 13 years of experience as both an operator and investor in natural resources, having most recently served as Chief Executive Officer of Xinergy Ltd., a Central Appalachian producer of premium quality metallurgical and thermal coal. Since 2000, Mr. Goldfarb has also acted in various roles including having served as a senior investment professional at The Blackstone Group/GSO Capital Partners, Pirate Capital LLC and Icahn Associates Corp. and as a Director of James River Coal Company.

Sandra Rosch / Chair Ms. Rosch is President of Stonecrest Capital Inc., a Canadian restructuring advisory firm which has acted as Chief Restructuring Officer for the court-supervised restructurings of Grant Forest Products Inc., Stelco Inc., Algoma Steel Inc. and Athletes World Inc. She also advised the Office of the Superintendent of Financial Institutions on the pension plan issues related to the Air Canada restructuring. In addition to over 11 years of restructuring experience, Ms. Rosch has 17 years of experience in investment banking at two fully integrated Canadian investment banks. Ms.

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