Western Exploration Inc. is pleased to release exploration and development plans for its 100% owned Aura Project, located in North Elko County. Update on 2022 Objectives for Aura Project The Company has a three-pronged approach to advancing the Aura Project in 2022: Surface Exploration - Geophysics, geochemistry and geology will be completed over [...]
Western Exploration Inc. is pleased to announce that its common shares are expected to begin trading through the facilities of the TSXV effective at the opening of markets on Wednesday, Jan. 19, 2022, under the symbol "WEX". Please refer to the news release of Western Exploration dated Dec. 22, 2021 for additional details of the recently-completed [...]
Western Exploration Inc. today announces the terms of a proposed shares-for-debt settlement, pursuant to which the Company has agreed to issue an aggregate of 169,205 units of the Company at a deemed price of $2.65 per Unit in full satisfaction of an aggregate of $448,394 in outstanding professional fees owed to a service provider of the Company [...]
Western Exploration Inc. is pleased to announce the successful completion of its "go public" transaction by way of a reverse takeover of Crystal Peak Minerals Inc. under the policies of the TSXV. The RTO was implemented pursuant to a statutory plan of arrangement under the Business Corporations Act. It is anticipated that the common shares of [...]
Crystal Peak Minerals Inc. announced today that Crystal Peak and Western Exploration LLC have entered into an amending agreement regarding the previously disclosed arrangement agreement dated February 19, 2021 based upon which Western will "go public", among other things, by way of a "reverse take-over" of Crystal Peak. The parties have agreed to [...]
Crystal Peak Minerals Inc. today announced that, effective at the opening of trading on Friday, November 13, 2020, the listing of its common shares will be transferred from the TSX Venture Exchange to the NEX board of the TSXV. This is a result of the restructuring transaction described in the Company’s press release dated October 20, 2020. The [...]
Crystal Peak Minerals Inc. announced that it has completed the restructuring with EMR Capital Investment Pte. Ltd., an affiliate of EMR Capital Resources fund 1, LP , that was disclosed in its October 2, 2020 press release . Pursuant to the Restructure, EMR enforced its security provision under the convertible note agreement and foreclosed on the [...]
Crystal Peak Minerals Inc. today provided an update on the Company’s financial position. As noted in Crystal Peak’s September 9, 2020 news release, the Company’s cash balance has dropped below $500,000 putting Crystal Peak in breach of the minimum cash balance covenant included as part of the convertible note agreement with EMR Capital Investment [...]
Crystal Peak Minerals Inc. today provided an update on the Company’s financial position. As disclosed in the Crystal Peak’s August 9, 2020 news release, challenging market conditions have had a significant impact on the Company’s ability to raise financing for the development of the Sevier Playa project. As a result, the Company has been pursuing [...]
Crystal Peak Minerals Inc. today announced that John Mansanti, Crystal Peak’s President and Chief Executive Officer, tendered his resignation to the Company to pursue other business interests and will also be resigning from the Board of Directors . His resignation will be effective August 31, 2020 and he will no longer stand for re-election at the [...]
Crystal Peak Minerals Inc. today announced that the Board of Directors for the Company would like to provide an update regarding the impact of the COVID-19 pandemic on Crystal Peak’s plans. The Board would first like to extend its sympathies to those who have been touched directly by the disease. We also wish to thank all front-line medical and [...]
Crystal Peak Minerals Inc. is pleased to announce that, further to its news release dated January 10, 2020, it has closed its previously announced loan transaction with EMR Capital Investment Pte. Ltd., an affiliate of EMR Capital Resources Fund 1, LP , to invest US$13,124,421.69 in the Company to continue development of the Sevier Playa Project [...]