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 [...]
Crystal Peak Minerals Inc. is pleased to provide an update on a mix of project finance activities. Crystal Peak has entered into an agreement with EMR Capital Resources Fund 1, LP pursuant to which Crystal Peak will issue 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 million. Each [...]
Crystal Peak Minerals Inc. announced that it has issued 4,275,581 common shares in the capital of the Company at a deemed value of C$0.185 per Common Share to settle an interest payment pursuant to the 2018 convertible loan agreement with EMR Capital Investment Pte. Ltd., an affiliate of EMR Capital Resources Fund 1, LP, its largest shareholder [...]
Crystal Peak Minerals Inc. is pleased to provide an update on the permitting process for its Sevier Playa Potash Project located in southwestern Utah. Following the restoration of government services, the Bureau of Land Management notified the Company that the public comment period for the draft environmental impact statement had closed on January [...]
Crystal Peak Minerals Inc. is pleased to announce that it issued 29,201,455 common shares in the capital of the Company at a price of C$0.55 per Common Share following the election by EMR Capital Investment Pte. Ltd. to convert EMR’s US$12,000,000 convertible loan agreement. Crystal Peak has also issued 7,758,401 Common Shares to EMR at a [...]
Crystal Peak Minerals Inc. is pleased to announce publication in the Federal Register of the notice of availability of the draft environmental impact statement for its Sevier Playa Project located in southwestern Utah. The Bureau of Land Management prepared the DEIS in accordance with the requirements of the National Environmental Policy Act , the [...]
Crystal Peak Minerals Inc. is pleased to announce the closing of the second tranche in the amount of US$5,000,000 pursuant to the convertible loan agreement dated July 19, 2018 with EMR Capital Investment Pte. Ltd. , an affiliate of EMR Capital Resources Fund 1, LP, the Company’s largest shareholder. The aggregate value of both the first and [...]
Crystal Peak Minerals Inc. announces that, further to its news release dated August 31, 2018, it no longer intends to draw down the second tranche of the Convertible Loan Agreement with EMR Capital Investment Pte. Ltd. in early October. Crystal Peak does not require the funds at this time and will reevaluate later in October as further work on the [...]