Cresval Announces Settlement of Civil Claim

Cresval Announces Settlement of Civil Claim

ID: 318942

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/20/13 -- Cresval Capital Corp. ("Cresval", or the "Company") (TSX VENTURE: CRV) announces that, further to the Company's news releases dated February 15, 2013, and April 5, 2013, in which it disclosed that it had been served with a Notice of Civil Claim (the "Claim") alleging monies were owed to Vancouver Island Exploration Inc. ("VIE"), a drilling contractor, of $143,913 for diamond drilling conducted in 2011, the Company is pleased to confirm that the parties have reached an amicable settlement.

The Company has paid the sum of $40,000 in full and final settlement of the Claim. Further, the parties have reached a settlement of all issues, including all cross claims and damages sought in connection with the Claim. The action has been dismissed and all liens discharged.

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, President

Forward looking statements: 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



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Bereitgestellt von Benutzer: Marketwired
Datum: 20.11.2013 - 23:51 Uhr
Sprache: Deutsch
News-ID 318942
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VANCOUVER, BRITISH COLUMBIA



Kategorie:

Mining & Metals



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