Crystal Lake receives subscriptions for financing

Dec 27, 2017

2017-12-27 06:37 ET – News Release

Mr. Alphonse Ruggiero reports

PRIVATE PLACEMENT SUBSCRIPTION RECEIVED

Crystal Lake Mining Corp. has received all subscription agreements and funds to complete the non-brokered private placement of 1.4 million units (totalling $700,000) previously announced on Dec. 20, 2017. Each unit consists of one common share issued at 50 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 50 cents for 24 months from 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.

Finders’ fees will be payable to qualified recipients.

All securities issued are subject to a four-month hold period. This private placement remains subject to TSX Venture Exchange approval.

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.

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