13236 Cliffstone Court
CANADA
13236 Cliffstone Court
Tel: 250-766-1517
Fax: 250-766-1839
www.crystallakeminingcorp.com
December 21, 2018, Vancouver , B ritish Columbia – Crystal Lake Mining Corporation (the
“Company” or “Crystal Lake”) is pleased to announce that it has completed a second tranche closing of
a non-brokered private placement of 381,000 flow-through common shares issued at a price of 35 cents per
flow-through share, raising gross proceeds of $ 133,350. The first tranche closed on December 2 0, 2018,
raising gross proceeds of $500,000.20 through the issuance of 1,428,572 flow-through shares. The total
gross proceeds raised in both tranches is $633,350.20.
The Company paid finder’s fees of 7% cash and 7% finder’s warrants to Raymond James Ltd. All securities
issued are subject to a four-month hold period from the closing date.
The Company confirms that it is proceeding with its unit financing. Each unit consists of one common
share at 30 cents per share and one-half of one common share purchase warrant, with each full warrant
exercisable at 45 cents for a period of one year.
The non-flow-through and flow-through private placements are subject to the approval of the TSX Venture
Exchange.
About Crystal Lake Mining
Crystal Lake Mining is a Canadian-based junior exploration company focused on building shareholder
value through the d iscovery of new magmatic nickel sulfide deposits and other deposit types using
technical excellence in exploration target development.
For further information please contact:
MarketSmart Communications Inc.
Tel: +1 (604) 261-4466
Toll free: 1-877- 261-4466
Email: [email protected]
Momentum PR
Tel: +1 (514) 815-7473
Email: [email protected]
On behalf of The Board of Directors of Crystal Lake Mining Corporation,
Richard Savage, President & CEO
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 statement speaks only as of the date of
NEWS RELEASE
Crystal Lake Closes Second Tranche Of
Non-Brokered Private Placement
CANADA
13236 Cliffstone Court
Tel: 250-766-1517
Fax: 250-766-1839
www.crystallakeminingcorp.com
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.
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.