Cresval Announces Non-Brokered Private Placement and Debt Settlement Transaction

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Oct 19, 2019
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VANCOUVER, British Columbia, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Cresval Capital Corp. (“Cresval” or “the Company”) (CRV: TSX-V) announces that it intends to raise up to $350,000 by way of a non-brokered private placement of up to 7,000,000 units of the Company at a price of $0.05/unit. Each unit shall comprise of one common share and one common share purchase warrant, exercisable at $0.07 per warrant share for a period of two years following the close of the private placement. The Company may pay a finder’s fee consisting of cash, shares and/or warrants to eligible finders as permitted under applicable securities laws and TSX Venture Exchange policies. Proceeds from the offering will be used for general corporate purposes.