0001477932-20-006448.txt : 20201112 0001477932-20-006448.hdr.sgml : 20201112 20201112163905 ACCESSION NUMBER: 0001477932-20-006448 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20201112 FILED AS OF DATE: 20201112 DATE AS OF CHANGE: 20201112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORAL GOLD RESOURCES, LTD. CENTRAL INDEX KEY: 0000813639 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 000000000 FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15688 FILM NUMBER: 201307384 BUSINESS ADDRESS: STREET 1: 570 GRANVILLE ST STE 900 CITY: VANCOUVER STATE: A1 ZIP: V6C 3P1 BUSINESS PHONE: 604 6823701 MAIL ADDRESS: STREET 1: 570 GRANVILLE ST STREET 2: STE 900 CITY: VANCOUVER BC STATE: A1 ZIP: V6C 3P1 FORMER COMPANY: FORMER CONFORMED NAME: CORAL ENERGY CORP DATE OF NAME CHANGE: 19871103 FORMER COMPANY: FORMER CONFORMED NAME: CORAL GOLD CORP DATE OF NAME CHANGE: 19870430 6-K 1 coral_6k.htm FORM 6-K coral_6k.htm

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

 

FORM 6-K 

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

 

UNDER THE SECURITIES EXCHANGE ACT OF 1934 

 

For the month of November, 2020

 

Commission File Number: 0-15688 

 

CORAL GOLD RESOURCES LTD.

(Translation of registrant's name into English) 

 

900-570 Granville Street, Vancouver, BC V6C 3P1

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. ☒ Form 20-F       ☐ Form 40-F 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ☐  No ☒

 

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _________ 

 

 

 

 

 

SUBMITTED HEREWITH

 

Exhibits

 

99.1

News Release dated November 12, 2020

 

 

2

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

CORAL GOLD RESOURCES LTD.

(Registrant) 

      

Date: November 12, 2020

By: 

/s/ Dorothy Chin

Dorothy Chin 

Corporate Secretary 

  

 

3

EX-99.1 2 coral_ex991.htm NEWS RELEASE coral_ex991.htm

EXHIBIT 99.1

 

 

November 12, 2020    

 

Trading Symbol: TSX Venture – CLH

 

Coral Shareholders Approve Arrangement

with Nomad Royalty Company Ltd.

 

Coral Gold Resources Ltd. (TSX-V – CLH; OTCQX: CLHRF; “Coral” or the “Company”) is pleased to report that its shareholders have voted overwhelmingly in favour of the previously-announced arrangement (“Arrangement”) [see news release of Coral dated August 24, 2020] whereby Nomad Royalty Company Ltd. (“Nomad”) will acquire all of the outstanding common shares of Coral.

 

At today’s annual general and special meeting, Coral’s common shareholders voted 98.86% in favour of the special resolution to approve the Arrangement, and also approved the Arrangement by a majority of its minority shareholders.

 

Coral will apply for a final order of the Supreme Court of British Columbia for approval of the Arrangement on November 16, 2020, and, assuming receipt of Court approval and that all other remaining conditions to the Arrangement are either satisfied or waived, the Company expects that the closing date of the Arrangement (the “Effective Date”) will occur on or about Thursday, November 19, 2020.

 

Under the terms of the Arrangement, Coral shareholders on the Effective Date will receive 0.80 of an unit of Nomad (a “Nomad Unit”), and $0.05 for every Coral share held. Each whole Nomad Unit will consist of one common share and one-half share purchase warrant of Nomad. For complete details of the Plan of Arrangement, interested persons are directed to the Information Circular filed on SEDAR (www.sedar.com) on October 14, 2020 by Coral under its profile.

 

Coral intends to request a trading halt of its common shares on the TSX Venture Exchange (the “Exchange”) three (3) trading days in advance of the Effective Date, pending completion of the Arrangement. In result, November 13, 2020 will be the last trading day of Coral’s common shares on the Exchange, as Coral’s common shares would not be expected to return to trading, assuming the Arrangement is completed. The common shares of Coral will be delisted from the Exchange, because Coral will become a wholly-owned subsidiary of Nomad on the Effective Date.

 

No Offer or Solicitation

 

This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell common shares of Coral or an offer to sell or a solicitation of an offer to buy common shares of Nomad.

 

 

1

 

  

About Coral Gold Resources Ltd.

 

Coral is a precious metals exploration company, where it has explored one of the world’s richest gold districts in Nevada for over 30 years. The Company’s primary asset is a sliding scale net smelter returns production royalty on Barrick’s Robertson Property in Nevada. The Company also holds a portfolio of strategically-located exploration projects near Barrick’s Pipeline/Cortez Mine Complex on Nevada’s Battle Mountain/Cortez Trend.

 

ON BEHALF OF THE BOARD

  

“David Wolfin”

David Wolfin,

 

President & Chief Executive Officer

 
Coral Gold Resources Ltd.  

  

NEITHER THE TSX VENTURE EXCHANGE, NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

 

This release contains statements that are forward-looking statements and are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks described in the Information Circular in relation to the Arrangement, and which are inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.

  

 

2

 

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