Coronet Metals Inc. Grants Stock Options

Coronet Metals Inc. (TSX VENTURE:CRF)(OTCQX:CORMF)(FRANKFURT:2CM) (the
"Company") advises that it has granted incentive stock options to certain
directors, officers and consultants of the Company, entitling them to purchase
up to 2,110,000 common shares of the capital stock in the Company at a price of
$0.10 per share for the next four years.


The above is subject to regulatory approval.

About Coronet Metals Inc.

Coronet Metals is a junior exploration and development company focused on
"advanced stage" gold and silver projects with near-term cash flow potential.
Coronet Metals brings together a highly experienced management team and a
well-connected Board with a proven history of developing, financing, and
operating mining projects.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Coronet Metals Inc.
Theo van der Linde
President and CFO
[phone]
[e-mail]
www.coronetmetals.com


Vanguard Shareholder Solutions
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