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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 21, 2016) - CRYSTAL EXPLORATION INC. (the "Company" and "Crystal") (TSX VENUTRE:CEI) closes the financing previously announced on December 2, 2016 for gross proceeds totaling $314,270. The Company issued 670,000 common share units at a price of $0.11 per unit for gross proceeds of $73,700 and 1,782,000 flow-through units at a price of $0.135 per share for gross proceeds of $240,570. Each whole warrant entitles the holder to purchase one additional common share of the Company at an exercise price of $0.15 per share for twelve months from the date of issue, expiring on December 19, 2017. |
