Coalcorp Mining Inc. (TSX VENTURE:CCJ) ('Coalcorp') announces that it is
formally changing its company name, subject to TSXV approval, to Melior
Resources Inc.


The name change, said Charles Entrekin, Coalcorp's Chairman and CEO, reflects
the Company's strategy to invest in mining, metallurgical and mineral companies
that are unrelated to the Company's historical activities. Recently, the Company
enhanced the Board of Directors with the addition of Daniel Dumas who has
extensive experience in mining operations. Over the last year, the Company has
liquidated the majority of its previous investments to establish a pool of
capital, in order to prepare for a potential significant investment in a
developing resource property. As Melior Resources Inc., the Company's name will
better reflect its current investment activities.


In addition the Company announces that a total of 3,875,000 stock options to
purchase common shares in the Corporation were granted to directors, officers
and a consultant of the Company at an exercise price of $0.17 per share, which
represents a 21% premium to the current market price, expiring on September
21st, 2018.


Forward Looking Statements Disclaimer

Forward Looking Statements made in this news release may be forward-looking and
therefore subject to various risks and uncertainties. Such statements can
typically be identified by terminology such as "may", "will", "could", "should",
"expect", "potential", "plan", "anticipate", "believe", "intend", "possible",
"continue", "objective" or other similar expressions concerning matters that are
not historical facts. Certain material factors or assumptions are applied in
making forward-looking statements and actual results may differ materially from
those expressed or implied in such statements. Coalcorp does not undertake to
update any forward-looking statements; such statements speak only as of the date
made.
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