Vancouver, BC – Crystal Lake Mining Corporation (the “Company” is pleased to announce that is has closed the previously announced debt settlement and has issued 1,325,577 common shares (“Shares”) to creditors, at a deemed value of $0.30 per Share, to settle debts aggregating CDN$397,673.
All securities issued have a hold period expiring July 14, 2017.
About the Company
Crystal Lake Mining Corporation is a mineral exploration company focused on creating value through the exploration and development of its British Columbia and Ontario mineral properties. Crystal Lake is presently completing the analysis of a Stage 1 drilling program in and around Emo, Ontario.
On behalf of The Board of Directors of Crystal Lake Mining Corporation. Wally Boguski, President & CEO