USA:
1021-100 Easy St.
Carefree, AZ 85377 Tel: (480) 575-1220 Fax: (480) 488-3492 [email protected] Canada: 13236 Cliffstone Crt.
Lake Country, BC V4V 2R1 Tel: (250) 766-1517 Fax: (250) 766-1836 www.crystallakeminingcorp.com
NEWS RELEASE
January 9, 2017 Symbol:-TSXV.CLM
CRYSTAL LAKE ANNOUNCES RESULTS OF AGM
VANCOUVER, BC – Crystal Lake Mining Corporation (the “Company”) is pleased to announce the results of the Annual General and Special meeting of shareholders (the “Meeting”) that was held on December 15, 2016.
At the Meeting, all resolutions were accepted by Company shareholders.
Messrs. Wally Boguski, Alphonse Ruggiero and Robert Michor were elected as directors. Davidson & Company LLP, Chartered Accountants were re-appointed as the auditor. The Company’s 10% rolling stock option plan was renewed by shareholders.
Shareholders also approved a Special Resolution authorizing a change of control to Emerald Lake Development Corp. (“ELD”) if the Company exercises all or a part of a right of first refusal (“ROFR”) granted to the Company by ELD. The ROFR is for the Company to acquire additional properties in and around Emo, Ontario as part of its growing land base in the area. The ROFR is described in the Company’s press release of September 30, 2016.
Mr. Boguski w ill remain Chief Executive Officer and President; Mr. Ruggie ro w ill remain C hief Financial Officer and will assume the office of Secretary.
Following the meeting Mr. Boguski stated: ‘We are extremely pleased by this endorsement from our shareholders and the flexibility that we now have to expand our relationship with Emerald Lake as we continue to acquire key properties which fit our growing understanding of this highly prospective area of Ontario.’
About the Company
Crystal Lake Mining Corporation is a mineral exploration company focused on creating value through the exploration and development of its British Columbia and it growing portfolio of Ontario mineral properties.
USA:
1021-100 Easy St.
Carefree, AZ 85377 Tel: (480) 575-1220 Fax: (480) 488-3492 [email protected] Canada: 13236 Cliffstone Crt.
Lake Country, BC V4V 2R1 Tel: (250) 766-1517 Fax: (250) 766-1836 www.crystallakeminingcorp.com
On behalf of The Board of Directors
Wally Boguski
President & CEO, Crystal Lake Mining Corporation
This news release contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the control of Crystal Lake Mining Corporation which may cause actual results, performance or achievements of Crystal L ake Mining Corporation on to be materially different from the results, performance or expectation implied by these forward looking statements.
Neither 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 press release, which has been prepared by management.