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Coronado Updates Skyrun Technology Corp. Acquisition

Jan 09, 2019 - PR Newswire
Mergers and Acquisitions

PR Newswire

Coronado Resources Ltd. (NEX: CRD.H / OTC: CRDAF) announced today that the Company continues to engage with the TSX Venture Exchange ("TSX-V") in order to complete Coronado's "change of business" to a technology issuer and the acquisition of Vancouver-based Skyrun Technology Corp. ("Skyrun"), as announced onAugust 28, 2018.

In support of the acquisition, Coronado will be providing Skyrun with a $75,000 loan, which will be secured and bear interest at the business prime ra...