Announces Grant of Stock Options
FOR IMMEDIATE RELEASE
CRYSTAL PEAK MINERALS INC.
ANNOUNCES GRANT OF STOCK OPTIONS
Toronto, December 21, 2017 – Crystal Peak Minerals Inc. (“Crystal Peak” or the
“Company”) (TSXV: CPM, OTCQX: CPMMF) announced today that it has granted an
aggregate of 3,700,000 restricted share units (“RSUs”) pursuant to its Restricted Share Unit Plan
(“Plan”) to an officer and director. The RSUs will vest into common shares of the Company in
three equal annual installments on January 15, 2018, January 15, 2019, and January 15, 2020.
About Crystal Peak Minerals Inc.
Crystal Peak is focused on the production of premium specialty fertilizers. Crystal Peak controls,
directly or through agree ment, mineral leases on more than 124,000 acres on its Sevier Playa
property in Millard County, Utah. With a brine mineral resource known to contain potassium,
magnesium, sulphate, lithium, and a suite of other beneficial minerals, Crystal Peak is targeting
the production of specialty fertilizers, initially focused on potassium sulphate ( “SOP”), through
the use of a cost -effective solar evaporation process. SOP and other specialty fertilizers are used
in the production of high value, chloride -sensitive crops such as fruits, vegetables, and tree nuts.
Crystal Peak is currently engaged in engineering and analysis designed to support a feasibility
study, environmental permitting, and ultimately mineral production.
For further information, please contact:
Lance D'Ambrosio
Chief Executive Officer
(801) 485-0223
Neither the 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.
Forward-Looking Information
This news release contains "forward -looking information" within the meaning of applicable
Canadian securities legislation. Forward-looking information includes, but is not limited to , the
feasibility study and the results thereof; the targeting of the development and production of
specialty fertilizers and associated minerals, including SOP, lithium, and magnesium compounds
through the use of a cost -effective solar evaporation process; and Crystal Peak’s future business.
Generally, forward -looking information can be identified by the use of forward -looking
terminology such as "plans", "is expected", "expects" or "does not expect", "budget",
"scheduled", "estimates", "forec asts", "intends", "anticipates" or "does not anticipate",
"believes", or variations of such words and phrases ; or terms that state that certain actions,
events, or results "may", "could", "wo uld", "might", or "will be taken", “could occur", or "be
achieved". Forward-looking information is based on the opinions and estimates of management
at the date the information is made, and is based on a number of assumptions and is subject to
known and unknown risks, uncertainties and other factors that may cause the actual results, level
of activity, performance or achievements of Crystal Peak to be materially different from those
expressed or implied by such forward-looking information. Although Crystal Peak has attempted
to identify important factors that could cause actual results to differ materially from those
contained in forward-looking information, there may be other factors that cause results not to be
as anticipated, estimated , or intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could differ materially from those
anticipated in such information. Accordingly, readers should not place undue reliance on
forward-looking informatio n. Crystal Peak does not undertake to update any forward -looking
information, except in accordance with applicable securities laws.