Deal snapshot: CORONADO CLOSES ACQUISITION OF SKYRUN TECHNOLOGY ACQUISITION.

MANews-(C)2009-2019

Canada-based Coronado Resources Ltd. (NEX: CRD.H) has closed the acquisition of Vancouver-based Skyrun Technology Corp. and Coronado's "change of business" to a technology issuer, the company said. Upon completion of the Skyrun acquisition and final approval by the TSX-V, Coronado will change its name to: Interlapse Blockchain Corp.

Last November, Coronado Resources, a "utility" issuer with no operations, formally submitted a change of business application to the TSX Venture Exchange in relation to its proposed acquisition of Vancouver-based Skyrun Technology Corp. Skyrun has developed a crypto-platform, which will officially launch in Canada next month and will allow users to instantly purchase select...

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