Coro Mining Announces a CAD$7.3 million Private Placement
Suite 1280 – 625 Howe St
Vancouver, B.C. V6C 2T6
News Release
TSX SYMBOL: COP
www.coromining.com
NOT FOR DISSEMINATION IN THE UNITED STATES
Coro Mining Announces a CAD$7.3 million Private Placement
September 11, 2017 , Coro Mining Corp. (“Coro” or the “ Company”) (TSX Symbol: COP) announce s a non-
brokered private placement financing of up to 56,067,692 common shares at a price of CA $0.13 to raise gross
proceeds of up to CAD $7.3 million (the “Private Placement”). The main use of proceeds will be to complete a
Definitive Feasibility Study (“DFS”) at the Company’s Marimaca copper development project in Chile, including
geotechnical, metallurgical and infill drilling, to earn Coro’s 75% interest in the project and to fast -track
Marimaca to production. The remainder of the funds may be used for working capital purposes.
It is anticipated that Greenstone Resources L.P. (“ Greenstone”), the Company’s major shareholder, will
exercise its pre-emptive right and continue to participate in financing the Company.
About Coro Mining Corp.:
Coro is a copper producer in Chile with a strategy to grow through the discovery, development and operation
projects at any stage of development, which are well located with respect to infrastructure and water, have
low permitting risk, and have the potential to achieve a short and cost effective timeline to production. The
Company’s preference is for open pit heap leach copper projects, where minimizing capital investment and
creating profitability are priorities and where the projected capital cost is financeable relative to the
Company’s market capitalization. The Company's assets include the Marimaca development project; its 65%
interest in the SCM Berta company, which owns the Berta mine and Nora plant and the Llancahue prospect.
Contact Naomi Nemeth, VP Communications/IR at +1 (647) 556 1023, +1 (604) 682 5546 ext. 202, Toll free +1
877 702 2676, ext. 202 or [email protected]
Visit our website site at www.coromining.com
Email us at [email protected]
Follow us on Twitter @coromining1
Cautionary Note Regarding Forward Looking Statements
Certain statements contained in this press release constitute forward -looking information within the meaning of applicable
securities laws. These forward looking statements relate to future events or the Company’s future performance, business
prospects or opportunities including, without limitation, statements relating to the completion of the Private Placement.
The Company believes that the expectations reflected in such forward looking information are reasonable, but no
assurance can be given that these expectations will prove to be correct and such forward- looking information should not
be unduly relied upon. These statements speak only as of the date of this press release. Forward looking information
involves risks and uncertainties which may cause actual results to be materially different from those expressed or implied
by such forwa rd looking information. Such risk and uncertainties relate to, among other things: receipt of shareholder
approval of the Private Placement, receipt of Toronto Stock Exchange approval of the Private Placement and the
Company’s ability to find suitable inv estors for the Private Placement as well as other risks disclosed in the Company's
News Release
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documents filed from time to time with the securities regulators in the Provinces of British Columbia, Alberta,
Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.
Accordingly, readers should not place undue reliance on forward- looking statements. Coro undertakes no obligation to
update publicly or otherwise revise any forward- looking statements contained herein whether as a result of new
information or future events or otherwise, except as may be required by law.