CONSOL Mining Corporation, a Delawarecorporation formed in connection with the announcement by its parent corporation, CONSOL Energy Inc. (NYSE: CNX), of its intention to separate its interests in its coal business from its oil and gas exploration business (the "Separation"), today announced the pricing of $300 million of its 11.00%senior secured second lien notes due 2025 at a price of 100% of their face value in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended. The Notes will pay interest semi-annually in arrears. The offering is expected to close on or about November 13, 2017, subject to the satisfaction of customary closing conditions.

The gross proceeds of the offering will initially be deposited into a segregated account held by the Company. The release of the proceeds is conditioned upon the consummation of the Separation. If the Separation is not consummated on or prior to 5 p.m. Eastern Time March 15, 2018 (the "Outside Date"), the Company will redeem the Notes in a special mandatory redemption at a price equal to 100% of the initial issue price of the Notes, plus accrued and unpaid interest to, but excluding, the payment date of the special mandatory redemption.

About CONSOL Mining Corporation

CONSOL Mining Corporation was formed in connection with the Separation to hold CONSOL Energy Inc.'s coal business. Following the Separation, the Company will hold the assets and liabilities of CONSOL Energy Inc. relating to (i) its interests in the Pennsylvania Mining Complex, (ii) its interests in CNX Coal Resources LP, (iii) its wholly-owned terminal in the Port of Baltimore, and (iv) its greenfield reserves and certain related coal assets and liabilities.