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Coronado Resources Ltd (5)
Symbol C : CRD.H
Shares Issued 2,831,170
Close 2017-11-09 C$ 0.70
Recent Sedar Documents

Coronado Resources arranges $500,000 private placement

2017-11-09 18:20 ET - News Release

Mr. Giuseppe Perone reports

CORONADO ANNOUNCES PRIVATE PLACEMENT

Coronado Resources Ltd. has arranged a non-brokered private placement of up to 1,333,333 units at a price of 37.5 cents per unit to raise gross proceeds of up to $500,000. Each unit comprises one common share and one common share purchase warrant. Each warrant entitles the holder to purchase an additional common share of the company at a price of 50 cents per share for a period of two years from the date of closing. There will not be a finder's fee payable and all securities issued will be subject to a four-month hold period commencing from closing. The private placement is subject to the approval of the TSX Venture Exchange.

Coronado intends to use the net proceeds from this private placement to assess potential acquisition opportunities in various industries.

We seek Safe Harbor.

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