Coronado Resources Ltd. has formally submitted a change of business application to the TSX Venture Exchange (TSX-V) in relation to its proposed acquisition of Vancouver-based Skyrun Technology Corp. (Skyrun). Skyrun has developed a crypto-platform, which will officially launch in Canada next month and will allow users to instantly purchase select cryptocurrencies in a simplified manor.
Trading in Coronado's shares will remain halted from trading pending final review and approval by the TSX-V and formal closing of the Skyrun acquisition.