Coventry Resources Limited: Application to Cease to be a Reporting Issuer

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 17, 2016) - Coventry Resources Limited (CYY.AX) (the "Company") announces that it has applied to the Ontario Securities Commission ("OSC"), as principal regulator, for an order that the Company has ceased to be a reporting issuer in Ontario, Alberta and British Columbia. The Company is not a reporting issuer in any other Canadian jurisdiction.

If the requested order is made by the OSC, the Company will cease being a reporting issuer in any jurisdiction in Canada.

Notwithstanding a decision that the Company is not a reporting issuer in Canada, the Company will continue to file all financial statements and other continuous disclosure materials required to be filed by it in accordance with the applicable securities laws of Australia and the rules of the Australian Securities Exchange ("ASX"). All such continuous disclosure documents of the Company are publicly available to all Company securityholders on the Company's website at www.coventryres.com and the Company's securityholders resident in Canada will continue to receive copies of the continuous disclosure documents that are required to be delivered to securityholders in Australia, in the same manner and at the same time as is required under the applicable securities laws of Australia and the rules of the ASX.