Coronation Minerals announces name change



    TORONTO, Aug. 17 /CNW/ - Coronation Minerals Inc. (TSX-V: CMV) (the
"Company") is pleased to announce today that it has filed articles of
amendment to change its name to "Guyana Precious Metals Inc." The Company will
commence trading under its new name on the TSX-V at the open on August 18,
2009, under the new stock symbol "GPM".
    The Company announced a "Strategy Update" in a press release dated June
18, 2009. The release describes the Company's strategy to acquire and explore
precious metals properties in Guyana, South America with the support of its
17% shareholder, Guyana Goldfields Inc.

    ABOUT CORONATION:

    Coronation Minerals Inc. is a Canadian based exploration and development
company. The Company presently controls and holds the Coppermine River
Project, Nunavut Territory and the Rory Claims, Yukon Territory. Both of these
projects are described as Copper-Nickel-Platinum-Palladium prospects.

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

    %SEDAR: 00008455E




For further information:

For further information: Coronation Minerals Inc., Suite 1205, 141
Adelaide Street West, Toronto, Ontario, M5H 3L5, Attn: John Patrick Sheridan,
Tel: (416) 628-5936, Fax: (416) 628-6835, E-mail: info@coronationminerals.com

Organization Profile

CORONATION MINERALS INC.

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