CORSA COAL CORP., WILSON CREEK HOLDINGS, INC., WILSON CREEK ENERGY, LLC., MARYLAND ENERGY RESOURCES, LLC., MINCORP ACQUISITION CORP., MINCORP INC., PBS COALS, INC., ROXCOAL, INC., QUECREEK MINING, INC., CRONER, INC. and ELK LICK ENERGY, INC.

Information Officer

^{Page last updated: October 15, 2025}

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.

Status of File as of July 18, 2025

On July 18, 2025, the Court issued the Foreign Recognition and CCAA Termination Order which, among other things:

1. Recognized certain order granted by the U.S. Court;
2. Terminated the Recognition Proceedings and discharged the Information Officer;
3. Approved the activities of the Information Officer as set out in the Second Report;
4. Approved the fees and disbursements of the Information Officer and its legal counsel; and
5. Lifted the Stay of Proceedings to allow the Foreign Representative to make an assignment in bankruptcy and authorize PwC to act as Licensed Insolvency Trustee.

Status of File as of July 14, 2025

On July 14, 2025, the Foreign Representative filed its motion with the Court for an order (the “Foreign Recognition and CCAA Termination Order”) to, among other things:

1. Recognize certain order granted by the U.S. Court;
2. Terminate the Recognition Proceedings and discharge the Information Officer;
3. Approve the activities of the Information Officer as set out in the Second Report of the Information Officer, dated July 14, 2025 (the “Second Report");
4. Approve the fees and disbursements of the Information Officer and its legal counsel; and
5. Lift the Stay of Proceedings to allow the Foreign Representative to make an assignment in bankruptcy and authorize PwC to act as Licensed Insolvency Trustee.

On the same date, July 14, 2025, the Information Officer filed its Second Report with the Court, to provide the Court with the information pertaining to the:

1. Activities of the Information Officer since the First Report;
2. Events in the Chapter 11 proceedings since the First Report; and
3. Information Officer’s view on the Foreign Representative’s motion for the Foreign Recognition and CCAA Termination Order.

The motion will be heard on July 18, 2025.

Status of File as of February 24, 2025

On February 24, 2025, the Court issued the Recognition Order, among other things, approving the activities of the Information Officer and certain orders issued by the U.S. Court.

Status of File as of February 20, 2025

On February 20, 2025, the Information Officer filed its First Report (the “First Report”) with the Court to provide the Court with the information concerning the:

1. Certain background information on the Chapter 11 Debtors business and its restructuring; and
2. Foreign Representative’s motion for the Recognition Order.

On February 18, 2025, the Foreign Representative filed their motion with the Court for an order (the “Recognition Order”) among other things, approving the activities of the Information Officer and certain orders issued by the U.S. Court.

The motion will be heard on February 24, 2025.

Status of File as of January 15, 2025

On January 14, 2025, pursuant to an application of Corsa Coal Corp. (“Corsa Coal” or the “Company”) in its capacity as the foreign representative (the “Foreign Representative”) of itself, as well as Wilson Creek Energy, LLC, Wilson Creek Holdings, Inc., Maryland Energy Resources, LLC, Mincorp Acquisition Corp., Mincorp Inc., PBS Coals, Inc., Roxcoal, Inc., Quecreek Mining, Inc., Croner, Inc., and Elk Lick Energy, Inc. (collectively and together with Corsa Coal, the “Chapter 11 Debtors”), and pursuant to the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”), an order (“Initial Recognition Order”) was granted by the Ontario Superior Court of Justice (Commercial List) (the “Court”), granting relief available to the Foreign Representative of the Chapter 11 Debtors (the “CCAA Proceedings”). The Initial Recognition Order, among other things:

1. Recognized Corsa Coal as the Foreign Representative of the Chapter 11 Debtors;
2. Recognized the insolvency proceeding initiated by the Chapter 11 Debtors in the United States Bankruptcy Court for the Western District of Pennsylvania (the “U.S. Court”) as “foreign main proceedings”;
3. Granted a stay of proceedings (the “Stay of Proceedings”) in respect of the Chapter 11 Debtors until otherwise ordered by this Court.

In addition to granting the Initial Recognition Order, the Court granted another order (the “Supplemental Order”) which, among other things:

1. Recognized and enforced certain orders (as listed in para 4 of the Supplemental Order), issued by the U.S. Court (the “First Day Orders”);
2. Appointed PricewaterhouseCoopers Inc., LIT (“PwC”) as information officer (in such capacity, the “Information Officer”) in respect of CCAA Proceedings;
3. Granted the following priority charges:
   1. a first ranking “Administration Charge” against the Property (as defined in the Supplemental Order) in the amount of $200,000, as security for the payment of the professional fees and disbursements incurred and to be incurred by the Chapter 11 Debtors’ Canadian counsel, the Information Officer, and its counsel;
   2. a second ranking “D&O Charge” against the Property in the maximum amount of $100,000, as security for Corsa Coal’s obligations to indemnify its directors and officers for obligations and liabilities they may incur in such capacities after the commencement of the CCAA Proceedings;
4. Authorized the Chapter 11 Debtors to incur no further expenses in relation to any filings (the “Securities Filings”) that may be required by law respecting securities or capital markets in Canada, and declare that none of the directors and officers, employees, and other representatives of the Chapter 11 Debtors or the Information Officer shall have any personal liability for any failure by Corsa Coal to make the Securities Filings.