CORONET METALS INC. ("CRF")
BULLETIN TYPE: Shares for Debt
BULLETIN DATE: January 13, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 11,337,303 shares at a deemed value of $0.0675 per share to settle outstanding debt for $765,268.
Number of Creditors: 4 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
Joel Dumaresq Y $493,227 $0.0675 7,307,067
Theo van der Linde Y $181,394 $0.0675 2,687,318
Steve Stine Y $65,647 $0.0675 972,548
The Company shall issue a news release when the shares are issued and the debt extinguished.
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