|By Marketwired .||
|April 14, 2014 01:36 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/14/14 -- Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) wishes to advise that it became aware today that its largest shareholder, Benton Capital Corp. ("Benton"), (TSX:BTC), announced that it has entered into new business sector via a binding letter of intent ("LOI") with Folium Life Science Inc. and in addition, intends to transfer its shares in Coro to its shareholders via a return of capital. At the date of this announcement, Benton holds approx. 38% of the Company's common shares on a fully diluted basis and 34.3% on an undiluted basis.
Coro would like to express its appreciation for the support provided by Benton over the past 5 years, and wishes it well in its new endeavour. We look forward to welcoming our new shareholders as they can now participate directly in the development and growth of our Chilean focussed mining company.
For further information regarding the proposed Benton transaction, interested parties should review the press release issued by Benton, which is available on SEDAR at www.sedar.com. Coro has not approved the contents of the Benton press release and takes no responsibility for its contents.
CORO MINING CORP.
Alan Stephens, President and CEO
About Coro Mining Corp.:
The Company was founded with the goal of building a mining company focused on medium-sized base and precious metals deposits in Latin America. The Company intends to achieve this through the exploration for, and acquisition of, projects that can be developed and placed into production. Coro's properties include the Berta, El Desesperado, and Payen copper properties located in Chile and the advanced San Jorge copper-gold project, in Argentina.
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Such forward-looking statements or information, including but not limited to those with respect to future transactions involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors include, among others, the actual prices of copper, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's documents filed from time to time with the securities regulators in the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.
May. 31, 2016 12:00 PM EDT Reads: 1,497
May. 31, 2016 12:00 PM EDT Reads: 1,493
May. 31, 2016 12:00 PM EDT Reads: 2,608
May. 31, 2016 11:45 AM EDT Reads: 2,108
May. 31, 2016 11:45 AM EDT Reads: 887
May. 31, 2016 11:30 AM EDT Reads: 1,635
May. 31, 2016 11:30 AM EDT Reads: 832
May. 31, 2016 11:15 AM EDT Reads: 906
May. 31, 2016 11:00 AM EDT Reads: 1,916
May. 31, 2016 11:00 AM EDT Reads: 3,268
May. 31, 2016 10:45 AM EDT Reads: 3,089
May. 31, 2016 10:15 AM EDT Reads: 2,909
May. 31, 2016 09:30 AM EDT Reads: 1,086
May. 31, 2016 09:00 AM EDT Reads: 2,440
SYS-CON Events announced today that BMC Software has been named "Siver Sponsor" of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. BMC is a global leader in innovative software solutions that help businesses transform into digital enterprises for the ultimate competitive advantage. BMC Digital Enterprise Management is a set of innovative IT solutions designed to make digital business fast, seamless, and optimized from mainframe to mo...
May. 31, 2016 08:45 AM EDT Reads: 2,421