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FORBES & MANHATTAN COAL CORP - Buffalo Coal Provides Corporate Update

Release Date: 21/07/2014 07:05:00      Code(s): BUC     
(previously Forbes & Manhattan Coal Corp.)
(Registration number: 002116278)
(External company registration number: 2011/011661/10)
Share code on the Toronto Stock Exchange: BUF
Share code on the JSE Limited: BUC
ISIN: CA1194421014


TORONTO, ONTARIO ? July 18, 2014: Buffalo Coal Corp. (?Buffalo Coal? or the ?Company?) (TSX:
BUF) (JSE: BUC) herewith announces the resignation of Mr. Bernard Wilson from the Board of Directors
with effect from July 7, 2014.

The Board of Directors of Buffalo Coal thanks Mr. Wilson for his services to the Company and wishes him
success in his future endeavours.

About Buffalo Coal

Buffalo Coal (previously Forbes & Manhattan Coal Corp.) is a growing coal producer in southern Africa. It
holds a majority interest in two operating mines through its 100% interest in Forbes Coal (Pty) Ltd, a
South African company which has a 70% interest in Zinoju Coal (Pty) Ltd (?Zinoju?). Zinoju holds a 100%
interest in the Magdalena bituminous mine and the Aviemore anthracite mine in South Africa. Buffalo
Coal has an experienced coal-focused management team.

Cautionary Notes:

This press release contains ?forward-looking information? within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to, statements with respect
to the corporate structure of Buffalo Coal. Generally, forward-looking information can be identified by the
use of forward-looking terminology such as ?plans?, ?expects? or ?does not expect?, ?is expected?,
?budget?, ?scheduled?, ?estimates?, ?forecasts?, ?intends?, ?anticipates? or ?does not anticipate?, or
?believes?, or variations of such words and phrases or state that certain actions, events or results ?may?,
?could?, ?would?, ?might? or ?will be taken?, ?occur? or ?be achieved?. Forward-looking information is subject
to known and unknown risks, uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of Buffalo Coal to be materially different from those expressed or
implied by such forward-looking information, including but not limited to: general business, economic,
competitive, foreign operations, political and social uncertainties; a history of operating losses; delay or
failure to receive board or regulatory approvals; timing and availability of external financing on acceptable
terms; not realizing on the potential benefits of the proposed transaction; conclusions of economic
evaluations; changes in project parameters as plans continue to be refined; future prices of mineral
products; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes
and other risks of the mining industry; and, delays in obtaining governmental approvals or required
financing or in the completion of activities. Although Buffalo Coal has attempted to identify important
factors that could cause actual results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company does not undertake to update any
forward-looking information, except in accordance with applicable securities laws.

Craig Wiggill
Non-Executive Chairman
Email: crwiggill@gmail.com

Malcolm Campbell
Chief Executive Officer
Email : malcolm.campbell@buffalocoal.co.za

21 July 2014

Sasfin Capital (a division of Sasfin Bank Limited)

Date: 21/07/2014 07:05:00 Supplied by www.sharenet.co.za                     
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