Coronado Resources Ltd. (TSXV:CRD.H) announced a non-brokered private placement of 1,333,333 units at CAD 0.375 per unit for gross proceeds of CAD 500,000 on November 9, 2017. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of CAD 0.50 per share for a period of 24 months from the date of closing. The company will not pay finder’s fee in the transaction. The securities issued are subject to a hold period of four months from the date of issuance. The transaction is subject to TSX Venture Exchange.