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 [...]
Crystal Peak Minerals Inc. is pleased to announce that, further to the original cooperative development agreement dated July 15, 2011 between the Company’s wholly-owned subsidiary, Peak Minerals Inc. and LUMA Minerals LLC , as amended, and as further amended by an option agreement dated August 20, 2018 , LUMA has granted to the Company an [...]
TORONTO, July 26, 2018 -- Crystal Peak Minerals Inc. today announced that Doug Hoadley, the former Head of Nitrogen at CRU and previous Director of Agribusiness Analysis at CF Industries, has joined the Company as its contract Director of Marketing. He will pursue placement of the anticipated Sulfate of Potash production from the Company’s [...]
TORONTO, July 20, 2018 -- Crystal Peak Minerals Inc. is pleased to announce that it has entered into a convertible loan agreement dated July 19, 2018 with EMR Capital Investment Pte. Ltd., an affiliate of EMR Capital Resources Fund 1, LP, its largest shareholder. Pursuant to the Loan Agreement, EMR has agreed to lend Crystal Peak up to [...]
TORONTO, May 23, 2018 -- Crystal Peak Minerals Inc. announced today that it has retained Questrade, Inc. to provide market-making services in accordance with TSX Venture Exchange guidelines. The term of the agreement is six months, beginning May 23, 2018, at a cost of C$5,000 per month. Either party may terminate the agreement with 30 days written [...]
Crystal Peak Minerals announced today that it has granted options to purchase common shares of the Company to a director in the amount of 250,000 options. All options vest on June 21, 2018 and are exercisable over a period of two years at a price of $0.41 per common share. The options are granted in accordance with an existing agreement and [...]
