3 October 2007

Corona completes successful placement

Corona Gold Ltd has today placed 7,800,000 ordinary fully paid shares at 12.5 cents per share, raising A$975,000, enabling the Company to resume its exploration activities.

The placement went to cornerstone investor Macquarie Bank and several other sophisticated and/or professional investors.

Corona Gold Ltd is an UNLISTED company
To obtain shareholder statements or enquire as to your shareholding, please call Security Transfer Registrars on 08 9315 2333.

For all other enquires, please phone Michael Wright on 08 9322 2788
 
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