Coro Closes Non-Brokered Private Placement

Coro Mining Corp. (TSX:COP) reported the closing of the previously announced non-brokered private placement to raise gross proceeds of up to $4,500,000. Of the total gross proceeds, $1,755,000 was subscribed for by Benton Resources Corp., a mineral exploration company listed on the TSX Venture Exchange (Symbol: BTC).

The press release is quoted as saying:

The Company was founded with the goal of building a mining company focused on medium-sized base and precious metals deposits in Latin America. The Company intends to achieve this through the exploration for, and acquisition of, projects that can be developed and placed into production. Coro’s properties include the advanced San Jorge copper-gold project, in Argentina, and the Chacay, Llancahue and Celeste copper exploration properties located in Chile.

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