Company Pine Valley Mining Corporation Other OTC

Pine Valley Mining Corporation is engaged in the development, mining and marketing of metallurgical coal from its Willow Creek Coal Mine located near Chetwynd, British Columbia, Canada. The Company has been producing low volatile pulverized coal for injection (PCI) at its Willow Creek coal property since August 2004, and began mining its coking coal in November 2005. The Company has an interest in the Pine Pass property, located adjacent to the Willow Creek mine site and has initiated a drill program to further develop reserves at this coal deposit. It has a 90% interest in certain leases located in the Mackenzie Mining Division of the Northwest Territories. The Company operates in one industry and as of March 31, 2006, substantially all of the Company's assets were located in Canada.