- The expiry date be extended by two years to Sept. 19, 2019;
- The exercise price be lowered from 50 cents to 35 cents per common share.
Coronet Metals is engaged in the business of acquiring, exploring and developing natural resource properties, with a focus on precious mineral properties/projects that have the potential for both near-term cash flow and significant exploration upside potential. Coronet's White Caps gold project is near the town of Manhattan in Northern Nye county.
The company continues to pursue other near-term, promising high-value gold and silver projects in the area that will augment its 120 patented and unpatented claims in the Manhattan district of Nevada. The company is in discussions with third parties on possible acquisitions, and to date nothing has been consummated.