Brief: Crystal Peak Minerals Says Board Negotiated Restructuring Agreement With EMR
02/10/2020 12:09
Oct 2 (Reuters) - Crystal Peak Minerals Inc CPM.V :
* CRYSTAL PEAK MINERALS - BOARD NEGOTIATED RESTRUCTURING
AGREEMENT
WITH EMR TO SATISFY IN OBLIGATIONS UNDER LOAN
* CRYSTAL PEAK MINERALS INC - EMR WILL FORECLOSE ON 100% OF
SHARES
OF PEAK MINERALS
* CRYSTAL PEAK MINERALS - EMR WILL SURRENDER 120.0 MILLION
SHARES
IT OWNS IN CO, REDUCING ITS INTEREST FROM ABOUT 61% TO 36%
* CRYSTAL PEAK MINERALS INC - EMR'S BOARD NOMINEES, RODERICK
LYLE
AND DONALD CARROLL, WILL RESIGN FROM BOARD UPON ENFORCEMENT
Source text for Eikon: ID:nGNX8ZJhk0
Further company coverage: CPM.V
((Reuters.Briefs@thomsonreuters.com;))
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