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 [...]
Crystal Peak Minerals Inc. is pleased to announce that it has entered into a convertible loan agreement 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 through 2020 . US$2,000,000 of the Loan will be used by [...]
Crystal Peak Minerals Inc. announced today that it has granted options to purchase common shares of the Company to certain officers, employees, and contractors; and has issued Restricted Share Units to certain employees and contractors. Crystal Peak granted an aggregate of 775,000 options to certain officers of the Company; an aggregate of 250,000 [...]
Crystal Peak Minerals Inc. is pleased to announce receipt of the Record of Decision from the U.S. Department of the Interior for its Sevier Playa Project located in west central Utah. Major milestone in the continued development of CPM – significantly “de-risks” the Project On-playa construction is authorized to begin Enables [...]
Crystal Peak Minerals Inc. is pleased to announce publication in the Federal Register of the notice of availability of the final environmental impact statement for its Sevier Playa Project located in southwestern Utah. The publication of the FEIS is consistent with previously released timelines. A statutory 30-day period is all that remains before [...]
Crystal Peak Minerals Inc. is pleased to announce that, further to its news release dated April 25, 2019, it has closed its previously announced non-brokered private placement with EMR Capital Resources Fund 1, LP . The Company issued to EMR 39,215,686 units of Crystal Peak at a price of C$0.17 per Unit for gross proceeds of approximately US$5 [...]
