Coronado Announces Shareholder Approval for the Acquisition of Opunake Hydro Limited

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[{"type":"text","content":"\n\n\nVANCOUVER, Aug. 29, 2013 /CNW/ - Coronado Resources Ltd. (TSX-V: CRD) and (OTCQX: CRDAF) (\"Coronado\") is pleased to announce that, at the annual general and\n special meeting of Coronado's shareholders held earlier today (the\n \"Meeting\"), Coronado's proposed change of business acquisition\n previously announced on May 14, 2013 (the \"Acquisition\"), was approved\n by the disinterested shareholders of Coronado. If the Acquisition is\n completed, Coronado will acquire of all of the outstanding common\n shares of Opunake Hydro Limited (\"OHL\") from TAG Oil Ltd. and Opunake\n Hydro Holdings Limited in exchange for 14,461,567 common shares of\n Coronado.\n\n\nThe completion of the Acquisition remains subject to the satisfaction of\n a number of conditions, including final approval from the TSX Venture\n Exchange, and the requisite regulatory approvals in New Zealand. Coronado expects the Acquisition will be completed during the third\n calendar quarter of 2013.\n\n\nAt the Meeting, the shareholders of Coronado also elected the board of\n directors, re-appointed its auditors, re-approved Coronado's stock\n option plan, and approved an advance notice policy.\n\n\nFurther information regarding the Meeting and the proposed Acquisition\n is contained in Coronado's information circular dated July 29, 2013\n that has been filed on Coronado's SEDAR profile and can be obtained at www.sedar.com.\n\n\nCompletion of the Acquisition remains subject to a number of conditions,\n including TSX Venture Exchange acceptance and New Zealand regulatory\n approval. There can be no assurance that the Acquisition will be\n completed as proposed or at all. \n\n\nThe TSX Venture Exchange has in no way passed upon the merits of the\n proposed Acquisition and has neither approved nor disapproved the\n contents of this press release.\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release.\n\n\nCautionary Note Regarding Forward-Looking Statements:\n\n\nStatements contained in this news release that are not historical facts\n are forward-looking statements that involve various risks and\n uncertainty affecting the business of Coronado and the Acquisition.\n Such statements can generally, but not a...

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