HALLADOR PROMOTES BRENT BILSLAND TO CEO AND VICTOR STABIO TO CHAIRMAN OF THE BOARD

DENVER, Colorado - January 24, 2014 - (NASDAQ: HNRG)

Today at a special board meeting, David Hardie, stepped down as Chairman, but will remain on the Board.  The Board appointed Victor Stabio as Chairman and promoted Brent Bilsland to CEO.  Mr. Stabio was the CEO and Mr. Bilsland was the President.  Mr. Stabio remains an employee of the Company.  All actions are effective immediately. The Board extends its appreciation to Mr. Hardie for his many years of service as Chairman. 

For more information about Hallador and its subsidiary, Sunrise Coal, LLC, visit www.halladorenergy.com or www.sunrisecoal.com.

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 1660 Lincoln Street, Suite 2700, Denver, Colorado 80264 
 Phone:  (303) 839-5504   Fax:  (303) 832-3013    Website:  www.halladorenergy.com


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