CoTec Holdings Corp.

EastCoal is pleased to announce that pursuant to a Share Purchase Agreement with Aponet Enterprises Ltd. for the sale and purchase of 100% of the charter capital of Inter-Invest Ugol Ltd., it has completed the acquisition of the Menzhinsky Coal Mine in Ukraine. Details of the Share Purchase Agreement can be found in a news release of the Company dated April 13, 2012.

EastCoal is pleased to announce the closing of its previously announced private placement of 48,600,000 units of the Company at a price of C$0.35 per unit for aggregate gross proceeds of C$17,010,000. The offering was undertaken by a syndicate of agents co-led by Clarus Securities Inc. and Cenkos Securities Plc, and including Fraser Mackenzie Limited, Jennings Capital Inc. and Salman Partners Inc.

EastCoal is pleased to announce that the private placement financing previously announced on May 15, 2012 is fully allocated. The Company expects to raise gross proceeds of C$17,010,000 through the issuance of units on a "best efforts basis" at a price of C$0.35 per unit. Each unit will consist of one common share and one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common [...]

EastCoal is pleased to announce that it entered into an agreement with Clarus Securities Inc. and Cenkos Securities Plc as co-lead agents on behalf of a syndicate of agents (collectively, the "Agents") to proceed with a private placement offering of up to 48,600,000 units of the Company at a price of C$0.35 per unit, for aggregate gross proceeds of up to C$17,010,000. Each unit will consist of one common share and one [...]

Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, April 23, 2012:

EastCoal is pleased to announce that it has signed a Share Purchase Agreement with Aponet Enterprises for the sale and purchase of 100% of the charter capital of Inter-Invest Ugol. By acquiring the Share, the Company indirectly acquired 100% interest in the Menzhinsky Coal Mine in Ukraine.

EastCoal is pleased to announce that Abraham Jonker, a director of the Company since July 2011, has agreed to serve as the Company's President. John Byrne, Chairman of the Board, who took over as President in April 2011, will remain as Chairman. Mr. Jonker is a Chartered Accountant and holds a Masters degree in South African and International Tax from the Rand Afrikaans University. He has over 17 years of extensive [...]

EastCoal advises that the NI 43-101 technical report titled "Technical Report of the Menzhinsky Coal Mine, Lugansk Oblast, Ukraine" dated February 29, 2012" on the Menzhinsky Mine located in Ukraine filed on March 15, 2012 contains errors in the economic analysis section of the report. Wardell Armstrong International of United Kingdom, the author of the report, indicated that there were errors in its calculations [...]

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/12/12 -- EastCoal Inc. (TSX VENTURE: ECX) (the 'Company' or 'EastCoal') is pleased to announce that it will be filing a NI 43-101 compliant technical report titled 'Technical Report of the Menzhinsky Coal Mine, Lugansk Oblast, Ukraine' dated February 29, 2012' on the Menzhinsky Mine located in Ukraine (the 'Menzhinsky Mine' or the 'Mine') by March 15, 2012. The Company

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EastCoal Inc. announces that pursuant to its stock option plan and subject to approval by the TSX Venture Exchange, EastCoal has granted 150,000 options to a consultant. These options will have an exercise price of $0.65 per share and will expire on January 19, 2017. The securities represented by this grant will be subject to a four-month hold period.