The new Corona

The new Corona Corp. (TSE), an amalgamation of five Royex group companies, officially came into existence July 1. Shareholders voted their approval June 3 of the amalagamation of Royex Gold Mining, International Corona Resources, Lacana Mining, Mascot Gold Mines and Galveston Resources. The amalgamation creates, in Corona Corp., a major low- cost mining company which ranks among the top North American gold producers.