Coronet Metals Inc. Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 20, 2011) - Coronet Metals Inc. (the "Company") (TSX VENTURE:CRF) advises that it has granted incentive stock options to certain directors, officers and consultants of the Company, entitling them to purchase up to 1,235,000 common shares of the capital stock in the Company at a price of $0.415 per share for the next 4 years.

The above is subject to regulatory approval.

On behalf of the Board of Directors

Joel Dumaresq, Chief Executive Officer & Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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