Corona Gold Corporation

March 30, 2015 08:50 ET

Corona Gold Corporation Provides Update on Voluntary TSX Delisting and Application for Listing on Canadian Securities Exchange

TORONTO, ONTARIO--(Marketwired - March 30, 2015) - Further to its press release of February 13, 2015, Corona Gold Corporation ("Corona" or the "Company") (TSX:CRG), is providing an update on the voluntary delisting of its common shares from the Toronto Stock Exchange ("TSX"), and its application to list on the Canadian Securities Exchange (the "CSE"). It was originally expected that the common shares would be delisted from the TSX at the close of trading on or about March 27, 2015, with the common shares to begin trading on the CSE on or about March 30, 2015, immediately after its delisting on the TSX.

The Company has submitted all listing documentation to the CSE. The CSE Listings & Regulation department had certain initial comments on the documentation and the Company has provided its responses. While the CSE cannot definitively confirm a timeline for listing approval, the Company believes the transition from the TSX to the CSE should be completed in early April. The Company's common shares will continue trading on the TSX during this final part of the process. The Company will provide further updates as they become available.

Forward-Looking Information:

This press release contains certain "forward-looking information". All statements, other than statements of historical fact, that address activities, events or developments that Corona believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to the Company's expected timing relating to its delisting on the TSX and listing on the CSE) constitute forward-looking information. This forward-looking information reflects the current expectations or beliefs of Corona based on information currently available to Corona as well as certain assumptions including, without limitation, assumptions as its ability to complete its delisting on the TSX and listing on the CSE, in a timely manner in order to achieve continued uninterrupted trading of its common shares. Forward-looking information is subject to a number of significant risks and uncertainties and other factors that may cause the actual results of Corona to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on Corona. Factors that could cause actual results or events to differ materially from current expectations include, but are not limited to, the failure of the Company to achieve its delisting and concurrent listing in a timely and economic manner.

Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Corona disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although Corona believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Contact Information

  • Corona Gold Corporation
    Murray John
    (416) 482-8606