Sept 14 (Reuters) - Colorado Resources Ltd CXO.V :
* COLORADO RESOURCES EXPLORES STRATEGIC ALTERNATIVES
* COLORADO RESOURCES - HAS ENGAGED FORT CAPITAL, AN INDEPENDENT FINANCIAL ADVISORY COMPANY TO ASSIST BOARD IN EVALUATION OF ALTERNATIVES AVAILABLE TO CO
* COLORADO RESOURCES LTD - AS PART OF ITS STRATEGIC ALTERNATIVE REVIEW, ENTERED INTO A LOAN AGREEMENT WITH GOLDCORP INC
* COLORADO RESOURCES LTD - REVIEW HAS NOT BEEN INITIATED AS A RESULT OF RECEIVING ANY TRANSACTION PROPOSAL
* COLORADO RESOURCES -WILL LOOK TO COMPLETE 2018 EXPLORATION FIELD SEASON& PRESERVE WORKING CAPITAL, WHILE SUSTAINING EFFORTS FOR STRATEGIC ALTERNATIVE