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Coronado Resources Ltd (5)
Symbol C : CRD.H
Shares Issued 2,831,170
Close 2018-01-18 C$ 0.72
Recent Sedar Documents

Coronado closes $150,000 private placement

2018-01-18 12:04 ET - News Release

Mr. Giuseppe Perone reports

CORONADO ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Coronado Resources Ltd. has completed its previously announced non-brokered private placement by issuing a total 400,000 units, at a price of 37.5 cents per unit, to raise gross proceeds of $150,000. 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 one year from the date of closing, and all securities issued will be subject to a four-month hold period commencing from closing.

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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