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Slide #74. Coronado Resources Ltd. — Opunake Hydro Limited
Coronado Resources Ltd. (CRDAF)
Opunake Hydro Limited
Coronado Resources Ltd. announced that it has entered into a binding share purchase agreement dated May 13, 2013 (the "Share Purchase Agreement"), whereby Coronado has agreed to acquire all of the outstanding common shares of Opunake Hydro Limited ("OHL") from TAG Oil Ltd. ("TAG") and Opunake Hydro Holdings Limited ("OHHL") in exchange for common shares of Coronado (the "OHL Acquisition"), subject to the terms and conditions of the Share Purchase Agreement.
Interlapse Technologies is a natural resource group and capital company engaged in clean power generation, gold mining, and oil & gas exploration. Co. produces clean power through hydro and natural gas, providing electricity for industry and residential customers in New Zealand, with significant expansion plans in progress. Co. 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.
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