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InvestmentPitch: Correction - Coronado Resources (CSE:CRD) (TSXV:CRD) (OTCQX:CRDAF) Lists on Canadian Securities Exchange - Video News Alert on Investmentpitch

Vancouver, BC, May 20, 2014 - Correction - Coronado Resources (CSE:CRD)
(TSXV:CRD) (OTCQX:CRDAF) is one of the latest new listings on the Canadian
Securities Exchange, and is trading under the symbol "CRD". The company has
retained its TSX Venture Exchange listing, and will continue to trade on the
TSX Venture Exchange. has produced a "video news alert" which provides a brief
overview of the company. If this link is not enabled, please
visitwww.InvestmentPitch.comand enter "Coronado" in the search box.

In September, the company completed its change of business, when it acquired
all of the outstanding common shares of Opunake Hydro Limited from TAG Oil
(TSX:TAO). The company issued 13,015,410 shares of Coronado to TAG Oil, and
1,446,157 shares to Opunake Hydro Holdings Ltd, which represented a purchase
price of $5,584,000. As a result of the acquisition, TAG Oil now owns 49.18%
of Coronado.

Taranaki, New Zealand-based Opunake Hydro, operates a hydro electricity
generation facility and a gas fired generation facility. Its existing hydro
generation facility produces electricity which is fed into the local power
company`s network. The natural gas fired facility, located at the Cheal oil
and gas field, supplies electricity to both the Cheal Site and into New
Zealand`s main power grid. The company plans to significantly expand its
power generation facilities.

In the 12 months ending March 31, 2013, approximately 13% of Opunake`s
revenues were derived from sales of electricity to TAG Oil.

In addition to clean power generation and oil&gas exploration, the company
also owns, operates, and is developing the Madison Gold property in Montana
through its 100% controlled subsidiary Lynx Gold Corp., which has been mining
high-grade gold and copper since 2008.

The shares last traded at $0.135, and with 79.3 million shares outstanding,
the company is capitalized at $10.7 million.

For more information, please visit the company's
website,www.coronadoresourcesltd.comor contact Daniel Brown, CEO, at
604-683-6338 or

About InvestmentPitch, a multimedia company that provides a combined solution
for creating and hosting financial video content, and distributing it across
multiple platforms to investors and financial professionals, specializes in
producing short three minute videos based on significant news releases and
research reports. Please visit and browse the extensive
library of investment videos.

Barry Morgan, CFO


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: InvestmentPitch via Globenewswire


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