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TORONTO, ONTARIO--(Marketwired - June 22, 2017) - Crystal Peak Minerals Inc. ("Crystal Peak" or the "Company") (TSX VENTURE:CPM)(OTCQX:CPMMF) is pleased to announce that it has entered into a convertible loan agreement (the "Loan Agreement") with EMR Capital Investment (No. 5B) Pte. Ltd., an affiliate of EMR Capital Resources Fund 1, LP ("EMR"), its largest shareholder, pursuant to which EMR will lend Crystal Peak US$12,000,000 (the "Loan"). The Loan will mature in 18 months from the date of issuance, and will bear interest at the rate of 12%, compounded quarterly. |
