Crystal Lake Mining arranges $400,000 private placement

Nov 6, 2017

2017-11-06 13:40 ET – News Release

Mr. Alphonse Ruggiero reports

ADDITIONAL NON-FLOW-THROUGH FINANCING ARRANGED

Crystal Lake Mining Corp. has arranged an additional, non-brokered two million units non-flow-through financing with total proceeds totalling $400,000. Each non flow-through unit priced at 20 cents per unit. Each unit comprises one common share and one full common share purchase warrant which may be exercised at a price of 25 cents per share for a period of 18 months following closing. The proceeds of this private placement will be used to advance exploration activities at the company’s Emo, Ont., properties and for general working capital. A work program on the company’s Emo property holdings will commence shortly. (See press release dated Oct. 18, 2017). Finder’s fees will be payable to qualified recipients at allowable rates.

All securities issued are subject to a four-month hold period and subject to Toronto Stock Exchange approvals.

The company is unaware of any material changes.

About Crystal Lake Mining Corp.

Crystal Lake Mining is a mineral exploration/development company focused on creating value through the exploration and development of its British Columbia and Ontario mineral properties.

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