Coronet Metals Announces Argus' Termination of Its Acquisition of the Yanamina Gold Project

January 06, 2015 8:14 AM EST | Source: MegumaGold Corp.

Vancouver, British Columbia--(Newsfile Corp. - January 6, 2015) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTCQX: CORMF) ("Coronet" or the "Company") announces that further to news releases dated June 16, 2014 and October 8, 2014, Argus has terminated its planned acquisition of the Yanamina Gold Project in Peru. Management is reconsidering alternatives for the project.

ON BEHALF OF THE BOARD OF DIRECTORS

Theo van der Linde
President & CFO

FOR FURTHER INFORMATION AND ENQUIRIES CONTACT:
Coronet Metals Inc.
2630 - 1075 West Georgia Street
Vancouver, BC
V6E 3C9
Tel: + 1 604 336-3193
Website: www.coronetmetals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

We seek safe harbour.

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