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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