Western Coal Corp. - Investors

Q:

Where are the Company’s securities traded?

A:

The Company’s common shares are traded under the symbol “WTN” on the TSX and AIM of the London Stock Exchange. The Company also trades its Convertible Debentures on the TSX under the symbol of “WTN.DB” and Warrants on the TSX under the symbol “WTN.WT”

Q:

What is the impact of the name change to Western Coal Corp.?

A:

It's business as usual. Other than the CUSIP changing, everything else remains the same. The new CUSIPs are:

Common shares (TSX: WTN): 95801T107
Warrants (TSX: WTN.WT): 95801T115
Convertible debentures (TSX: WTN.DB): 95801TAA5

Q:

Which Analysts regularly follow Western Coal?

A:

Analyst	Firm	Phone
David Davidson	Paradigm Capital	416-360-3452
Tim Dudley	Arbuthnot Securities (UK)	44-20-7012-2097
William Dymott	Cenkos Securities (UK)	44-20-7397-8900
Cliff Hale-Sanders	Cormark Securities	416-943-4222
Gary Lampard	Canaccord Adams	416-867-6020
Chris Lichtenheldt	UBS Securities Canada	416-814-3719
Mike Plaster	Salman Partners	604-622-5295

Q:

How many common shares does the Company have outstanding?

A:

As at August 31, 2009 the Company had approximately 322.2 million common shares outstanding with approximately 72.1 million of those shares owned by Cambrian Mining Limited, a subsidiary of Western Coal. These shares are non-voting and are considered de facto treasury shares. It is the Company’s intention to cancel these shares as part of a corporate re-organization of its holding companies. So on a net basis, the Company has approximately 250.1 million common shares outstanding. Including the full conversion of options, warrants and convertible debentures, the Company would have approximately 279.3 million common shares outstanding.

Q:

Who owns more than 10% of the Company’s shares?

A:

As at August 19, 2009 Audley Capital Management Limited and related parties owned approximately 61.9 million shares or approximately 25% of the shares outstanding.

Q:

How do I transfer my shares from the AIM to TSX exchange?

A:

Please refer to the attached documents:
Register Removal Form UK to Canada
Western Coal Removal Instructions
Or you can call ComputerShare's Global Transaction Unit:
866-277-2086 (Canada)
+44-0-117-305-1075 (UK)

Q:

What are the details of the Company's warrants?

A:

The warrants are exercisable at $3.25 and expire June 28, 2012.

Q:

Who are the Company’s auditors?

A:

PricewaterhouseCoopers LLP
Chartered Accountants
Vancouver, BC

Q:

Does the Company pay a dividend?

A:

No, the Company presently does not pay a dividend.