VANCOUVER, April 17, 2015 /CNW/ - Coronado Resources
Ltd. (TSX-V: CRD) and (OTCQX:
CRDAF) reports that following the appointment of the
Company's new CEO, management has initiated a review of all assets
of the Company including its power generation assets, platinum
exploration permits, and precious metal development properties.
Management is focused on maximizing shareholder value and
minimizing capital expenditures.
Neither 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 release.
Cautionary Note Regarding Forward-Looking Statements:
Statements contained in this news release that are not
historical facts are forward-looking statements that involve
various risks and uncertainty affecting the business of
Coronado. Such statements can
generally, but not always, be identified by words such as
"expects", "plans", "anticipates", "intends", "estimates",
"forecasts", "schedules", "prepares", "potential" and similar
expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur.
Forward-looking statements and information concerning the
review of all assets of the Company are based on
management's assumptions using information currently available and
include Coronado's expectations
regarding the proposed review and anticipated results. In making
the forward-looking statements in this news release, Coronado has applied certain factors and
assumptions that are based on information currently available to
Coronado as well as Coronado's current beliefs and assumptions
made by Coronado. Although
Coronado considers these beliefs
and assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect, and the
forward-looking statements in this release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward-looking statements. Although Coronado has attempted to identify important
factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking information. Coronado does not undertake to update any
forward-looking information, except in accordance with applicable
securities laws.
SOURCE Coronado Resources Ltd.