Crystal Peak Minerals Inc. Announces New OTCQX Symbol
TORONTO, ONTARIO--(Marketwired - Jul 20, 2015) - Crystal Peak Minerals Inc. ("Crystal Peak" or the "Company") (TSX VENTURE:CPM) (OTCQX:CPMMF) announced today that it has obtained a new symbol (CPMMF) for trading on the OTCQX International. This new symbol is closely aligned to the symbol used for trading of the Company's shares on the TSX Venture Exchange. As a segment of the OTCQX marketplace, the OTCQX International is reserved for high-quality non-U.S. companies listed on a qualified stock exchange in their home country.
Lance D'Ambrosio, Chief Executive Officer of Crystal Peak, said; "We are very pleased to have obtained our new OTCQX symbol. Now our TSX Venture Exchange symbol, "CPM", and our OTCQX symbol, "CPMMF", are similar and easy to remember. This will help investors track our stock and should result in enhanced liquidity and a more orderly retail market."
The Company anticipates that trading under the new symbol will commence on the OTCQX on July 20, 2015. Crystal Peak will continue to trade on the TSX Venture Exchange under its existing symbol.
About Crystal Peak Minerals Inc.
Crystal Peak is an exploration-stage company focused on specialty fertilizers. Through Peak Minerals Inc., its indirect wholly-owned subsidiary, Crystal Peak controls directly or through agreement mineral leases on more than 124,000 acres on its Sevier Lake Playa property in Millard County, Utah. With a brine resource known to contain potassium, magnesium, sulphate, lithium, and a suite of other beneficial minerals, Crystal Peak is targeting the development and production of specialty fertilizers, including SOP, through the use of a cost-effective solar evaporation process. SOP and other specialty fertilizers are used in the production of high value, chloride-sensitive crops such as fruits, vegetables, and tree nuts. With the recent completion of a Preliminary Feasibility Study, the Company is currently engaged in engineering and analysis designed to support a feasibility study, environmental permitting, and ultimately mineral production.
For more information, please visit our web site at www.crystalpeakminerals.com.
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.
Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the timing and occurrence of the trading of the Company's securities under a new ticker symbol, and the obtaining of any applicable regulatory approvals therefor, the timing of the Feasibility Study and the results thereof, and the Company's future business. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
