Coro Mining Announces Postponement of Certain Filings & Reliance on CSA Instrument Governing Relief under COVID-19
News Release
Coro Mining Announces Postponement of Certain Filings & Reliance on CSA Instrument
Governing Relief under COVID-19
Vancouver, British Columbia, May 14, 2020 – Coro Mining Corp. (“Coro” or the “Company”) (TSX: COP)
announces that, due to the COVID‐19 pandemic, it intends to postpone certain of its continuous disclosure filings
and the 2020 Annual Meeting of Shareholders.
In connection with the continuous disclosure filings, Coro intends to rely on the extensions granted pursuant BC
Instrument 51‐515 ‐ Temporary Exemption from Certain Corporate Finance Requirements and BC Instrument 51‐
516 ‐ Temporary Exemptions from Certain Requirements to File or Send Securityholder Materials (together, the
“BC Instruments”). In accordance with the terms of the BC Instruments, Coro intends to:
• postpone the filing of its first quarter consolidated interim financial statements and related
management discussion and analysis (collectively, the “Q1 Statements”) which, under Section 4.4 of
National Instrument 51‐102 ‐ Continuous Disclosure Obligations (“NI 51‐102”), are required to be filed
before May 15, 2020;
• postpone the delivery of the Q1 Statements to any shareholder who has requested them under
Section 4.6(1) of NI 51‐102 and which, under Section 4.6(3) of NI 51‐102, are required to be delivered
before May 25, 2020; and
• postpone the filing of its executive compensation disclosure, which under Section 9.3.1 (2.2) of NI 51‐
102, is required to be filed by May 19, 2020.
The Company intends to file the Q1 Statements on or before June 29, 2020. Until such time as the Q1 Statements
are filed, Coro's management and other insiders of Coro are subject to a trading black ‐out that reflects the
principles in section 9 of National Policy 11‐207 ‐ Failure-to-File Cease Trade Orders and Revocations in Multiple
Jurisdictions.
Coro confirms there have been no undisclosed material business developments since March 30, 2020, the date
of filing the Company’s Consolidated Financial Statements for the periods ending December 31, 2019 and 2018.
Coro has received an extension from the British Columbia Corporate Registrar to delay holding its 2020 Annual
Meeting of Shareholders to December 31, 2020. Further details of the postponed 2020 Annual Meeting of
Shareholders will be shared as soon as they are known, and the appropriate notice will be provided.
Contact Information
Tavistock
+44 (0)207 920 3150
Jos Simson/ Emily Moss
2
Forward Looking Statements
This news release includes certain “forward‐ looking statements” under appl icable Canadian securities
legislation, including, without limitation: the anticipated timing of the filing of the Company’s Consolidated
Interim Financial Statements for the three months ended March 31, 2020 , the anticipated filing of the
Company's Executive Compensation Disclosure, and other matters relating to the Company’s business plans.
These statements relate to future events or the Company’s future performance, business prospects or
opportunities. Forward‐looking statements include, but are not lim ited to, statements regarding the future
development and exploration potential of the Marimaca Project. Actual future results may differ materially.
There can be no assurance that such statements will prove to be accurate, and actual results and future events
could differ materially from those anticipated in such statements. Forward‐ looking statements reflect the
beliefs, opinions and projections on the date the statements are made and are based upon a number of
assumptions and estimates that, while conside red reasonable by Coro, are inherently subject to significant
business, economic, competitive, political and social uncertainties and contingencies. Many factors, both known
and unknown, could cause actual results, performance or achievements to be materia lly different from the
results, performance or achievements that are or may be expressed or implied by such forward ‐looking
statements and the parties have made assumptions and estimates based on or related to many of these factors.
Such factors include, without limitation: the inherent risks involved in the mining, exploration and development
of mineral properties, the uncertainties involved in interpreting drilling results and other geological data,
fluctuating metal prices, the possibility of project delays or cost overruns or unanticipated excessive operating
costs and expenses, uncertainties related to the necessity of financing, the availability of and costs of financing
needed in the future as well as those factors disclosed in the Company’s 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.