Coronado Resources Re-prices Options
Vancouver, British Columbia CANADA, September 23, 2008 /FSC/ - Coronado Resources Ltd. (CRD - TSX Venture, CRDAF - OTCBB_Pink_Sheets), has re-priced 470,000 outstanding share options granted to employees to $0.30 per share exercisable for a period of 2 years. The company has also granted 290,000 options to officers and director at $0.30 per share exercisable for a period of 2 years.
Shipping of copper to China is in progress, an update will be issued when shipment is complete and assay results obtained.
Eugene Larabie, P. Eng. is the "qualified person" overseeing the project. For more information and photos please visit the company's website at www.coronadoresourcesltd.com on the web.
On Behalf of the Board
Eugene Larabie,
President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. The foregoing information may contain forward-looking statements relating to the future performance of Coronado Resources Ltd. Forward-looking statements, specifically those concerned with future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in filings with the appropriate securities commission.
Source: Coronado Resources (TSX-V: CRD) http://www.coronadoresourcesltd.com
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