CYY Coventry Resources

Coventry Resources Inc. (ASX:CYY)(TSX VENTURE:CYY) announces the following
amendments to its Information Circular and Proxy Statement dated December 17,
2013 (the "Information Circular") for its Special Meeting scheduled to be held
on January 21, 2014.


The information on page 20 of the Information Circular under the heading
"Treatment of Coventry Warrants" is deleted in its entirety and replaced with
the following: 


"Treatment of Coventry Warrants 

Pursuant to section 2.15(c) of the Coventry Warrant Indenture, the exercise
price of the Coventry Warrants and the exchange rate of the Coventry Warrants
(being the number of Coventry Shares subject to the right of purchase under each
Coventry Warrant), will be adjusted as a result of the Arrangement. The exercise
price will be adjusted in accordance with the following formula:




               Number of                                                    
               Coventry        Current         Aggregate                    
               Shares          Market Price    Fair Market                  
               Outstanding     of Coventry     Value of                     
               On            x Shares on     - Consideration                
               Distribution    Distribution    Shares                       
               Record Date     Record Date     Distributed                  
               ---------------------------------------------                
Exercise                                                       New Exercise 
price of                                                       Price of     
Coventry     x                                               = Coventry     
Warrants                                                       Warrants     
               Number of                                                    
               Coventry        Current                                      
               Shares          Market Price                                 
               Outstanding   x of Coventry                                  
               On              Shares on                                    
               Distribution    Distribution                                 
               Record Date     Record Date                                  



The exchange rate will be adjusted in accordance with the following formula:



                  Exercise Price Prior to                            
        1  x             Adjustment            =  New Exchange Rate" 
             ---------------------------------                       
                  Adjusted Exercise Price"                           



The information on page 50 of the Information Circular under the heading
"Treatment of Coventry Warrants" is deleted in its entirety and replaced with
the following:


"Treatment of Coventry Warrants 

Pursuant to section 2.15(c) of the Coventry Warrant Indenture, the exercise
price of the Coventry Warrants and the exchange rate of the Coventry Warrants
(being the number of Coventry Shares subject to the right of purchase under each
Coventry Warrant), will be adjusted as a result of the Arrangement. The exercise
price will be adjusted in accordance with the following formula:




               Number of                                                    
               Coventry        Current         Aggregate                    
               Shares          Market Price    Fair Market                  
               Outstanding     of Coventry     Value of                     
               On            x Shares on     - Consideration                
               Distribution    Distribution    Shares                       
               Record Date     Record Date     Distributed                  
               ---------------------------------------------                
Exercise                                                       New Exercise 
price of                                                       Price of     
Coventry     x                                               = Coventry     
Warrants                                                       Warrants     
               Number of                                                    
               Coventry        Current                                      
               Shares          Market Price                                 
               Outstanding     of Coventry                                  
               On            x Shares on                                    
               Distribution    Distribution                                 
               Record Date     Record Date                                  



The exchange rate will be adjusted in accordance with the following formula:



                  Exercise Price Prior to                            
        1  x             Adjustment            =  New Exchange Rate" 
             ---------------------------------                       
                  Adjusted Exercise Price"                           
                                                                            
                                                                            
THE BOARD OF DIRECTORS                                                      
OF COVENTRY RESOURCES INC.                                                  
                                                                            
STEVEN CHADWICK                                                             
President and Chief Executive Officer                                       
Coventry Resources Inc.                                                     



Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. This press release may contain
forward-looking statements, which reflect the Company's current expectation
regarding future events. These forward-looking statements involve risks and
uncertainties that may cause actual results, events or developments to be
materially different from any future results, events or developments expressed
or implied by such forward-looking statements. Such factors include, but are not
limited to, changing market conditions, the successful and timely completion of
clinical studies, the establishment of corporate alliances, the impact of
competitive products and pricing, new product development, uncertainties related
to the regulatory approval process and other risks detailed from time to time in
the Corporation's ongoing quarterly and annual reporting. We undertake no
obligation to publicly update or revise any forward-looking statements, whether
as a result of new information, future events or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Steven Chadwick, President and CEO Coventry Resources
Telephone (W): +61 8 9324 1266

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