Property Asset Agreement Approved as Crystal Lake Targets Rainy River District FOR New Nickel-Rich Sulphide Discoveries
CANADA
13236 Cliffstone Court
Lake Country BC V4V 2R1
Tel: 250-766-1517
Fax: 250-766-1839
www.crystallakeminingcorp.com
NEWS RELEASE
February 27, 2018 Symbol: TSX-V: CLM
PROPERTY ASSET AGREEMENT APPROVED AS CRYSTAL LAKE TARGETS
RAINY RIVER DISTRICT FOR NEW NICKEL-RICH SULPHIDE DISCOVERIES
Vancouver, B .C. – Crystal Lake Mining Corporation (the “Company” or “Crystal Lake” )
announces the TSX Venture Exchange has accepted for filing a purchase agreeme nt dated
September 28, 2017 , between the Company and Emerald Lake Development Corporation (the
“Vendor”), a private Onta rio company, whereby Crystal Lake has acquired certain mineral rights
subject to a 2% NSR located in the Rainy River district near Emo, Ontario.
As consideration for 100% of the mineral rights, Crystal Lake will pay $50,000 on closing and issue
10,500,000 common shares of the Company. Significantly, the Vendor has agreed to an 18 -month
voluntary hold period on selling the shares issued in connection with the transaction. For further
information, please refer to the Company’s news release dated October 5, 2017.
The transaction is arm’s length in nature and there are no finder’s fees.
The six separate prospective claim blocks that have bee n acquired are targeting nickel, copper,
cobalt and platinum group minerals.
Crystal La ke is rapidly approaching the start of its exploration/drilling program and eagerly
anticipates updating shareholders regarding its plans in the very near future.
About Crystal Lake Mining
Crystal Lake Mining is a Canadian -based junior explora tion company focused on building
shareholder value through new nickel-rich sulphide discoveries in the under-explored Rainy River
district of northern Ontario using technica l excellence in exploration target development and
technologies.
For further information please contact:
Momentum PR (450) 332-6939
or:
MarketSmart Communications Inc.
Tel: +1 (604) 261-4466
Toll free: 1-877-261-4466
Email: [email protected]
CANADA
13236 Cliffstone Court
Lake Country BC V4V 2R1
Tel: 250-766-1517
Fax: 250-766-1839
www.crystallakeminingcorp.com
Forward-Looking Information
This news release may contain certain “forward looking statements”. Forward-looking statements
involve known and unknown risks, uncertainties, assumptions and other factors that may cause the
actual results, performance or achievements of the Company to be materially different from any
future results, performance or achievements expressed or implied by the forward -looking
statements. Any forward -looking stateme nt speaks only as of the date of this news release and,
except as may be required by applicable securities laws, the Company disclaims any intent or
obligation to update any forward-looking statement, whether as a result of new information, future
events or results or otherwise.
On behalf of The Board of Directors of Crystal Lake Mining Corporation.
Alphonse Ruggiero, Director/CFO
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 release.