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CRV - Cresval Capital News Story

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Last Trade - 11/06/20

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Position in Universe th / 2678

BRIEF-Cresval Capital Intends To Raise Up To $350,000 By Way Of Non-Brokered Private Placement Of Up To 7 Million Units Of Company At Price Of 5 Cents Per Unit

Mon 21st October, 2019 12:43pm
Oct 21 (Reuters) - Cresval Capital Corp  CRV.V :
    * CRESVAL ANNOUNCES NON-BROKERED PRIVATE PLACEMENT AND DEBT
SETTLEMENT TRANSACTION
    * INTENDS TO RAISE UP TO $350,000 BY WAY OF A NON-BROKERED
PRIVATE
PLACEMENT OF UP TO 7 MILLION UNITS OF CO AT A PRICE OF
$0.05/UNIT
    * PROPOSES TO EFFECT A DEBT CONVERSION TO SETTLE AN
AGGREGATE
$112,750 OWING TO INSIDERS
    * DEBT CONVERSION WILL RESULT IN ISSUANCE OF 2,255,000
COMMON
SHARES OF COMPANY AT A DEEMED PRICE AT $0.05/SHARE

Source text for Eikon:  ID:nGNX8SSTTh 
Further company coverage:  CRV.V 

 ((Reuters.Briefs@thomsonreuters.com;))
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