Mantra Resources Limited

Coalspur Mines Limited (ASX:CPL) (TSE:CPT) is is pleased to announce that it has further strengthened its management team with the appointment of Mr Wayne Drier who will join the Company as Vice President, Commercial.

Australian Market Report of November 16, 2010 includes: Mantra Resources Limited (ASX:MRU) Nyota resource increases by 20% to 101.4 Mlbs U3o8 in southern Tanzania; CBD Energy Limited (ASX:CBD) has begun work on its solar power plant in Thailand; Peninsula Minerals Limited (ASX:PEN) has completed a further 46 development drillholes at the Ross Project; Iron Mountain Mining Ltd (ASX:IRM) announced a 44.2Mt inferred bauxite resource increase in WA.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that Mr Colin Steyn has been appointed as a Non-Executive Director of the Company. Mr Steyn has over 30 years experience in the resources sector. His appointment follows the recently completed placements to the Highland Park Group who have become a strategic investor in the Company.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to present its March 2010 quarterly report.

Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) is pleased to announce that it will make a placement to the Highland Park Group who will become a strategic investor in the Company. The placement will significantly strengthen the Company's financial position as well as provide access to Highland Park's substantial resource management skills and also greatly assist in lifting the Company's profile in North American markets. Funds from the placement will enable the Company to accelerate the development of its Hinton Coal Project based in Alberta, Canada and pursue related new business development opportunities.