Crystal Lake receives subscriptions for 2 million units
2017-10-25 06:38 ET – News Release
Mr. Alphonse Ruggiero reports
UPDATE TO PRIVATE PLACEMENT
Crystal Lake Mining Corp. has received subscription agreements for two million units totalling $400,000 for the non-brokered private placement previously announced on Oct. 4, 2017. Each unit consists of one common share issued at 20 cents per share and one common share purchase warrant. Each warrant may be exercised by the holder to purchase an additional common share at a price of 25 cents for 18 months from closing.
The proceeds of this private placement will be used to advance exploration activities at the company’s Emo properties, Ontario, and for general working capital.
A finder’s fee will be payable to qualified recipients.
All securities issued are subject to a four-month hold period and subject to Toronto Stock Exchange approvals.
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.
We seek Safe Harbor.
http://crystallakeminingcorp.com/news.html
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