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Greenstone Resources L.P. Signs Term Sheet to Acquire Common Shares of Coro Mining Corp.

GUERNSEY, CHANNEL ISLANDS–(Marketwired – March 24, 2017) – Further to the press release of Coro Mining Corp. (“Coro“) of 22 March 2017, Greenstone Resources L.P. (“Greenstone“) announces that it has signed a binding term sheet (the “Term Sheet“) to subscribe for, subject to satisfaction of customary conditions, a minimum of 55,934,464 common shares of Coro, at a price per common share of C$0.15, for aggregate gross proceeds of C$8,390,170 (the “Greenstone Minimum Subscription“). The Greenstone Minimum Subscription is part of a larger proposed private placement by Coro to raise up to C$16,152,000 (the “Private Placement“).