Cresval Announces Approval of Warrant Re-pricing and Completion of Shares for Debt
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/13/12 -- Cresval Capital Corp. (the "Company") (TSX VENTURE: CRV) announces that, pursuant to a news release dated February 29, 2012, it has received acceptance for filing by the TSX Venture Exchange (the "Exchange") to amend the exercise price of 3,530,000 common share purchase warrants issued by way of private placement and approved by the Exchange on October 15, 2010, and 3,375,000 common share purchase warrants issued by way of private placement and approved by the Exchange on May 18, 2011 and May 24, 2011.
The exercise price of the 3,375,000 common share purchase warrants will be reduced to $0.22 per warrant share and will apply to all warrants. The exercise price of the 3,530,000 common share purchase warrants will be reduced to $0.10 per warrant share and will apply to all warrants, with the exception of an aggregate total of 1,055,000 warrants issued to insiders. The remaining terms, including expiration dates, of all warrants remain unchanged.
The Company also announces that it has issued an aggregate 375,901 common shares as settlement of outstanding debt. The transaction was approved by the TSX Venture Exchange on March 27, 2012.
About Cresval Capital
Cresval Capital is a junior copper and precious metals exploration company actively involved in two 100% owned projects situated near the productive Bralorne Gold camp in the Lillooet mining district in southwestern British Columbia. Information on the Company's projects is available on the Company's website at .
ON BEHALF OF THE BOARD OF DIRECTORS
Lee Ann Wolfin, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Cresval Capital Corp.
Lee Ann Wolfin
President
(604) 682-3701
CACS International Inc.
Doug Kerr
(604) 248-8736 or Toll Free: (877) 537-9064
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 14.04.2012 - 00:00 Uhr
Sprache: Deutsch
News-ID 134932
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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