VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 08/25/11 -- Coronet Metals Inc. (TSX VENTURE: CRF) -
Mr. Joel Dumaresq, CEO, reports:
On June 1, 2011, Coronet Metals Inc. ('Coronet') closed a non-brokered CDN$10.8 million private placement in conjunction with Coronet's US$14 million acquisition of the Yanamina gold project ('Yanamina') in Ancash province, Peru. US$5.5 million of the proceeds from this financing
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