Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) wishes to advise that it
became aware today that its largest shareholder, Benton Capital Corp.
("Benton"), (TSX:BTC), announced that it has entered into new business sector
via a binding letter of intent ("LOI") with Folium Life Science Inc. and in
addition, intends to transfer its shares in Coro to its shareholders via a
return of capital. At the date of this announcement, Benton holds approx. 38% of
the Company's common shares on a fully diluted basis and 34.3% on an undiluted
basis.


Coro would like to express its appreciation for the support provided by Benton
over the past 5 years, and wishes it well in its new endeavour. We look forward
to welcoming our new shareholders as they can now participate directly in the
development and growth of our Chilean focussed mining company.


For further information regarding the proposed Benton transaction, interested
parties should review the press release issued by Benton, which is available on
SEDAR at www.sedar.com. Coro has not approved the contents of the Benton press
release and takes no responsibility for its contents.


CORO MINING CORP.

Alan Stephens, President and CEO

About Coro Mining Corp.: 

The Company was founded with the goal of building a mining company focused on
medium-sized base and precious metals deposits in Latin America. The Company
intends to achieve this through the exploration for, and acquisition of,
projects that can be developed and placed into production. Coro's properties
include the Berta, El Desesperado, and Payen copper properties located in Chile
and the advanced San Jorge copper-gold project, in Argentina.


This news release includes certain "forward-looking statements" under applicable
Canadian securities legislation. Such forward-looking statements or information,
including but not limited to those with respect to future transactions involve
known and unknown risks, uncertainties, and other factors which may cause the
actual results, performance or achievements of the Company to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements or information. Such factors include,
among others, the actual prices of copper, the factual results of current
exploration, development and mining activities, changes in project parameters as
plans continue to be evaluated, as well as those factors disclosed in the
Company's documents filed from time to time with the securities regulators in
the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New
Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Coro Mining Corp.
Michael Philpot
Executive Vice-President
(604) 682 5546
investor.info@coromining.com
www.coromining.com

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