Corsa Coal Corp. announced that George G. Dethlefsen will step down from his role as Chief Executive Officer of the Company and a member of the Board of Directors to pursue other opportunities effective July 12, 2019. Dethlefsen's departure is not the result of any dispute or disagreement with the Company or any matter related to the Company's operations, policies, management or board of directors.

The Board of Directors will appoint Peter V. Merritts, the Company's current President of the Northern Appalachia Division as CEO and a director of the Company effective July 12, 2019. Merritts has been responsible for Corsa's metallurgical coal operations in Pennsylvania and Maryland since February 2015 and has over 40 years of experience in the coal industry, including as the President of the Pennsylvania-based AMFIRE Mining Company, a former subsidiary of Alpha Natural Resources, and leadership positions at Mapco Coal Inc. (now Alliance Resource Partners, LP) and Bethlehem Steel Corporation. In connection with the annual and special meeting of shareholders of the Company scheduled to be held on August 13, 2019, Mr. Dethlefsen will no longer stand for election and the Board of Directors has therefore set its size at six for the purposes of such election.