CanAm Coal Corp. (TSX VENTURE:COE)(OTCQX:COECF) ("CanAm" or the "Company") is
pleased to announce the appointment of Jos De Smedt as Chief Executive Officer
of the Company. Jos replaces Tim Bergen who, as announced in October, took the
decision to step down as CEO in order to assume the role of Vice Chairman of the
Board responsible for business development. Jos' appointment to President and
Chief Executive Officer is effective immediately.


Commenting on Mr. De Smedt's appointment, Jon Legg, Chairman of the Board noted:
"Jos De Smedt and Tim Bergen have proven to be outstanding partners over the
last several years, as we have grown the Company consistently in our goal to
achieve 1 million tons of production, with a high degree of margin certainty.
Over the next several years, the Company is fully focused on executional
excellence and consistently delivering results that will allow the Company to
grow organically and ultimately through further acquisitions. With Tim's
decision to assume a non-executive role focusing primarily on strategy; we are
delighted to announce Jos as the new CEO. Jos' leadership skills and operational
excellence are proven both at CanAm and in his previous roles at IBM and PwC. He
has consistently managed complexity and volatility in an optimal manner and we
are delighted that Jos will lead our Company as we execute on the next phase of
our strategy, to differentiate ourselves through consistently accretive earnings
and shareholder value."


About CanAm Coal Corp.

CanAm is a coal producer and development company focused on growth through the
acquisition, exploration and development of coal resources and resource-related
technologies. CanAm's main activities and assets include its four operating coal
mines in Alabama and the Buick Coal Project which holds significant coal
resources, 188 million indicated and 103 million inferred resources, in
Colorado, USA (see the technical report entitled "Limon Lignite Project, Elbert
County, Colorado, USA", dated October 26, 2007 and filed on SEDAR on November 2,
2007). Other coal and related opportunities continue to be evaluated on an
ongoing basis.


Forward-Looking Information and Statements

This news release may contain certain forward-looking information. All
statements included herein, other than statements of historical fact, is
forward-looking information and such information involves various risks and
uncertainties. There can be no assurance that such information will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such information. A description of assumptions used to
develop such forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking information
can be found in the Company's disclosure documents on the SEDAR website at
www.sedar.com. The Company does not undertake to update any forward-looking
information except in accordance with applicable securities laws.


FOR FURTHER INFORMATION PLEASE CONTACT: 
CanAm Corporate Office
Jos De Smedt
President & CEO
403.262.3797 or Toll Free: 1.877.262.5888
jdesmedt@canamcoal.com


Brisco Capital Partners
Scott Koyich
Partner
403.262.9888
scott@briscocapital.com