Agoracom: Small Cap Investment - Coronation Minerals - ACQUISITION OF REMAINING 50% OF COPPERMINE RIVER PROJECT

Coronation Minerals Inc

Coppermine River Project, Nunavut Territory

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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ACQUISITION OF REMAINING 50% OF COPPERMINE RIVER PROJECT

posted on Feb 19, 2009 05:16AM

Coronation acquires remaining Coppermine interest

2008-11-06 17:00 ET - News Release

Also News Release (C-GUY) Guyana Goldfields Inc

Mr. J. Patrick Sheridan of Guyana reports

JOINT PRESS RELEASE - CORONATION MINERALS INC./GUYANA GOLDFIELDS INC. ACQUISITION OF REMAINING 50% OF COPPERMINE RIVER PROJECT

Pursuant to the purchase and sale agreement (the Coppermine agreement) between Coronation Minerals Inc. and Coppercorp Inc. (CCI), a wholly owned subsidiary of Guyana Goldfields Inc., Coronation has acquired the remaining 50-per-cent interest of the Coppermine River project. Coronation acquired its initial 50 per cent in the Coppermine River project in 2002. In accordance with the terms of the Coppermine agreement, Coronation has: (i) issued five million common shares to CCI, which shares are subject to a four-month hold period that expires on March 6, 2009; (ii) granted CCI a 1.5-per-cent net smelter return royalty over the unpatented claims comprising the Coppermine River project; and (iii) granted to CCI a right of first refusal to participate in future financings of Coronation. Further details in respect of this transaction were disclosed in joint news releases issued by Coronation and Guyana in Stockwatch on June 26, 2008, and Aug. 29, 2008 (as per SEDAR-filed news release).

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