Cresval Capital Closes Private Placement
VANCOUVER, British Columbia, Dec. 31, 2019 (GLOBE NEWSWIRE) -- Cresval Capital Corp. (“Cresval”, or the “Company”) (CRV: TSX-V) announces that it has closed its private placement announced on October 18, 2019. The Company raised $120,000 by issuing 2,200,000 units and 200,000 ‘flow-through’ units at a price of $0.05 per unit.
All units consist of one common share and one common share purchase warrant exercisable at a price of $0.07 per warrant share for a period of two years following the close of the private placement.
Debt Conversion Settlement
The Company also announces that it has withdrawn its proposal to settle an aggregate $112,750 in debt at a deemed price of $0.05 per share.
About Cresval Capital
Cresval is a junior copper and precious metals exploration company actively involved in the exploration of two 100% owned projects situated near the productive Bralorne Gold camp in the Lillooet Mining Division in southwestern British Columbia.
Further information on Cresval’s projects is available on the Company’s website at .
ON BEHALF OF THE BOARD OF DIRECTORS
“Lee Ann Wolfin”
Lee Ann Wolfin, President
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lee Ann Wolfin, President
Telephone: (604) 682-3701
Email: