September 9 2015: Vancouver, B.C.: Cresval Capital Corp. ("Cresval", or the "Company") (CRV: TSX-V) is pleased to announce a non-brokered private placement of up to 3,000,000 units at a price of $0.05 per unit. Each unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share at a price of $0.10 for a period of five (5) years following the closing.
The Company may pay commissions of 5% to eligible parties in connection with this financing, payable either in cash or in warrants. The net proceeds of this Offering will be used for exploration on the Company's Bridge River Claims, located in southwestern British Columbia, and adjoining the IKE Claims currently being explored by HDI/Amarc, and for general working capital purposes
The financing is subject to the acceptance of the TSX Venture Exchange. The securities issued by the Company in connection with this financing are subject to a hold period of four months and one day from the date of distribution, as prescribed by the policies of the TSX Venture Exchange and applicable securities laws.
About Cresval Capital
Cresval is a junior copper and precious metals exploration company actively involved in the exploration of two 100% owned projects situated near the productive Bralorne Gold camp in the Lillooet Mining Division in southwestern British Columbia.
Further information on Cresval's projects is available on the Company's website at
www.cresval.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"Lee Ann Wolfin"
Lee Ann Wolfin
President
FOR FURTHER INFORMATION, PLEASE CONTACT:
Lee Ann Wolfin
President
Telephone: (604) 682-3701
Email:
[email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release contains statements that are forward-looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement.