Cresval Capital Closed Private Placement
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/23/11 -- Cresval Capital Corp. (the "Company") (TSX VENTURE: CRV) announces that it has closed a private placement (the "Offering") originally announced November 1, 2011. The Company placed 400,000 units (the "Units") at a price of $0.125 cents per unit for aggregate proceeds totaling $50,000.
Each Unit placed in connection with the Offering consists of one flow-through common share and one non-transferable, non-flow-through common share purchase warrant. Each warrant is exercisable to acquire one common share of the Company at a price of $0.30 per share for a period of two years from the closing date of the Offering.
Proceeds from the offering will be used to fund continued exploration programs at the Bridge River copper-gold project and the New Raven property.
About Cresval Capital
Cresval Capital is a junior copper and precious metals exploration company actively involved in two 100 percent owned projects situated near the productive Bralorne Gold camp in the Lillooet mining district in southwestern British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Lee Ann Wolfin, President
Forward looking statements: This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any 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
CACS International Inc.
Doug Kerr
604-248-8736 or Toll Free 877-537-9064
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.12.2011 - 18:14 Uhr
Sprache: Deutsch
News-ID 99819
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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