Coronet Metals Inc. Announces Board and Management Changes

Coronet Metals Inc. (TSX VENTURE:CRF)(OTCQX:CORMF)(FRANKFURT:2CM) (the
"Company") is pleased to announce that at the Annual General Meeting ("AGM") of
the shareholders held on Thursday, September 27, 2012, Theo van der Linde was
elected to the Company's Board of Directors ("BOD"). At the BOD meeting
following the AGM, Mr. van der Linde was appointed President, in addition to his
position as Chief Financial Officer; Joel Dumaresq was appointed Chairman;
Stephen Stine was appointed CEO and COO, and June Hamilton was appointed
Corporate Secretary.


Mr. van der Linde, 38, a Chartered Accountant with 16 years' experience in
finance, administration, public accounting and mining, has focused on junior
exploration and producing mining companies for the past eight years. He has
worked in South Africa, the United Kingdom, Canada, West Africa, Peru and the
United States. Mr. van der Linde is President of Executive Management Solutions
Ltd. in Halifax, Nova Scotia.


"We are delighted to have Theo as a Director of the Company and to assume the
additional role of President," stated Stephen Stine, CEO and COO of the Company.
"Working with Theo over the past three years has allowed me the opportunity to
get to know him very well and I know that he will move the Company forward to
the benefit of all shareholders."


Mr. Stine continued: "The Board and I would like to thank Miguel Aramburu, who
is stepping down as a Director of the Company, for his significant contributions
towards gaining social license at our Yanamina Gold Project in Peru. Miguel has
agreed to continue to assist us in these efforts and we look forward to working
with him in the future."


About Coronet Metals Inc.

Coronet Metals Inc. is well-funded and positioned to build a substantial junior
gold mining company by acquiring advanced, near production assets in the
Americas. The proven management team has extensive experience in all aspects of
the development and financing of mining projects in Latin and North America. 


This news release contains certain forward-looking statements, and such
statements involve risks and uncertainties. The results or events predicted may
differ materially from actual results or events. Any forward-looking statement
speaks only as of the date of this news release. Except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to
update any forward-looking statement, whether as a result of new information,
future events or results, or any other occurrence.