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Coronet Metals Inc.

10:34 AM EST - Coronet Metals Inc. : Provided the following Corporate update: During 2015 management focused on cleaning up the Company's balance sheet, which included the sale of its 100% owned subsidiary, Coronet Metals U.S. Inc. and of its Peruvian subsidiary, which held a 100% interest in the Yanamina Gold Project. As a result, the Company is in an ideal position to re-capitalize and to re-focus all attention on the The White Caps Gold Project. Coronet Metals Inc. shares V.CRF are trading up $0.055 at $0.26.