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The Company also announces that it has withdrawn its proposal to settle an aggregate $112,750 in debt at a deemed price of $0.05 per share.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 www.cresval.com.
ON BEHALF OF THE BOARD OF DIRECTORS “Lee Ann Wolfin”