Canam Coal Corp (fka COECF)

[buddhabelly2]

CanAm Coal Corp. (TSX VENTURE: COE)(OTCQX: COECF) ("CanAm" or the "Company") is pleased to announce that effective June 1, 2012, Mr. Scott Bolton has formally joined the Company as Chief Financial Officer. Concurrent with this appointment, Mr. Jos De Smedt, the former CFO has assumed the role of President and Chief Operating Officer. Mr. Tim Bergen continues in his role as Chief Executive Officer.

Mr. Bolton was formerly a Senior Partner and Canadian Energy Leader with PwC, based in Calgary. Scott brings considerable experience in a broad range of technical areas including business strategy, mergers and acquisitions, accounting and auditing, and valuations. A Chartered Accountant by training, Mr. Bolton worked for PwC for 27 years, including 15 years as a Partner.

"I am excited to join CanAm, a company that has transformed itself into a profitable coal producer and is poised for significant growth in the years to come. I am looking forward in working with the leadership team as we execute on our strategic plan to achieve an annual production target of 3 million tons in the next 3 to 5 years", said Scott Bolton.