March 7 (Reuters) - Colorado Resources Ltd CXO.V :
* FORMER CEO ADAM TRAVIS SAYS INTENDS TO PROPOSE 5 DIRECTORCANDIDATES FOR ELECTION TO BOARD OF COLORADO RESOURCES AT ANNUALSHAREHOLDERS MEETING
* ADAM TRAVIS SAYS PROPOSED NOMINEES, ADAM TRAVIS, HISFAMILY,HOLD ABOUT 5.2 PERCENT SHARES OF COLORADO RESOURCES