CORAL GOLD RESOURCES LTD.
(an Exploration Stage Company)
Audited Consolidated Financial Statements
For the years ended January 31, 2010, 2009 and 2008
(in Canadian Dollars)
Management’s Responsibility for Financial Reporting
Auditors' Report to the Shareholders
Consolidated Financial Statements
Consolidated Balance Sheets
Consolidated Statements of Operations and Comprehensive Loss
Consolidated Statements of Shareholders’ Equity
Consolidated Statements of Cash Flows
Notes to Consolidated Financial Statements
MANAGEMENT’S RESPONSIBILITY FOR FINANCIAL REPORTING
The consolidated financial statements of Coral Gold Resources Ltd. are the responsibility of the Company’s
management. The consolidated financial statements are prepared in accordance with Canadian generally
accepted accounting principles and reflect management’s best estimates and judgment based on information
Management has developed and is maintaining a system of internal controls to ensure that the Company’s assets
are safeguarded, transactions are authorized and properly recorded and financial information is reliable.
The Board of Directors is responsible for ensuring management fulfills its responsibilities. The Audit Committee
reviews the results of the audit and the annual consolidated financial statements prior to their submission to the
Board of Directors for approval.
The consolidated financial statements as at and for the years ended January 31, 2010 and 2009 have been
audited by Smythe Ratcliffe LLP, Chartered Accountants, and their report outlines the scope of their examination
and gives their opinion on the consolidated financial statements.
" Lisa Sharp”
May 26, 2010