TORONTO, May 11 /CNW/ - Coronation Minerals Inc. (TSX-V: CMV) (the "Company") announces that it has granted effective May 11, 2009 an aggregate of 3,950,000 options to management, directors and consultants of the Company with such options being exercisable until May 11, 2012 at an exercise price of $0.10. The options vest as 25% immediately and 25% after 6, 12 and 18 months from date of grant.
Coronation Minerals Inc. is a Canadian based exploration and development company. The Company presently controls and holds the Coppermine River Project, Nunavut Territory and the Rory Claims, Yukon Territory. Both of these projects are described as Copper-Nickel-Platinum-Palladium prospects.
The TSX Venture Exchange has not reviewed and does not accept responsibility for this release
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