| Cresval Capital Announces Close of Non-Brokered Private Placement | |
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January 8, 2016: Vancouver, B.C.: Cresval Capital Corp. ('Cresval', or the 'Company') (CRV: TSX-V) is pleased to announce that it has closed a non-brokered private placement (the 'Offering') announced on December 29, 2015. The Company has raised an aggregate $40,000 through the sale of 400,000 units and 400,000 flow-through units at a price of $0.05 per unit.
The net proceeds of this Offering will be used for exploration on the Company's Bridge River Claims, located in southwestern British Columbia, and adjoining the IKE Claims currently being explored by HDI/Amarc, and for general working capital purposes
The financing is subject to the acceptance of the TSX Venture Exchange. The securities issued by the Company in connection with this financing are subject to a hold period of four months and one day from the date of distribution, as prescribed by the policies of the TSX Venture Exchange and applicable securities laws.
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'
Lee Ann Wolfin
President
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lee Ann Wolfin
President
Telephone: (604) 682-3701
Email: [email protected]
Neither the 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. 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 statement.
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Cresval Capital Corp.
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DEVELOPMENT STAGE |
CODE : CRV.V |
ISIN : CA2264111063 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cresval Capital is a silver and gold exploration company based in Canada. Cresval Capital develops silver, gold, copper and molybdenum in Canada. Its main asset in development is BRIDGE RIVER in Canada. Cresval Capital is listed in Canada. Its market capitalisation is CA$ 581 831 as of today (US$ 467 447, € 400 742). Its stock quote reached its highest recent level on March 11, 2011 at CA$ 0.29, and its lowest recent point on August 21, 2015 at CA$ 0.01. Cresval Capital has 23 273 231 shares outstanding. |