Joint news release - Corona Gold Corporation/Harte Gold Corp.

About this update from Crossroads Gold Corp.

[{"type":"text","content":"\n\n\n\nTORONTO, Jan. 25 /CNW/ - Corona Gold Corporation (CRG-TSX) and Harte Gold\nCorp. (HRT-TSXV) announce that they have agreed to further extend to April 2,\n2007 the scheduled closing date for the previously-announced purchase and sale\ntransaction under which Corona has agreed to sell its 51% interest in the\nSugar Zone property located in the Sault Ste. Marie Mining Division of Ontario\nto Harte for $5.0 million in cash and warrants to purchase an aggregate of\n2,500,000 common shares of Harte at an exercise price of $0.50 per share.\nCorona will also retain an option to re-acquire at any time an undivided 20%\ninterest in the Sugar Zone property upon payment of an amount equal to the\naggregate of: $1.0 million and 20% of all costs incurred in respect of the\nproperty by Harte following the closing date. Under the terms of the latest\nextension, if the purchase by Harte is not completed by April 2, 2007, Corona\nwill have the right exercisable until July 31, 2007 to purchase Harte's 49%\ninterest in the Sugar Zone property for $5.0 million in cash. The transaction\nremains subject to regulatory approval.\n\n\nThe Toronto Stock Exchange and the TSX Venture Exchange have in no way\npassed upon the merits of the proposed transaction and have neither approved\nnor disapproved the contents of this press release.\n\n\n%SEDAR: 00012331E\n\n\n","length":1400,"tagName":"div"}]

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