Extrends Deadline to Complete Rto
FOR IMMEDIATE RELEASE
CRYSTAL PEAK MINERALS INC.
EXTRENDS DEADLINE TO COMPLETE RTO
Toronto, July 16, 2021 – Crystal Peak Minerals Inc. (Crystal Peak or the Company) (TSXV NEX:
CPM.H) announced today that Crystal Peak and Western Exploration LLC ( Western) have entered
into an amending agree ment regarding the previously disclosed arrangement agreement dated
February 19, 2021 (the Arrangement Agreement) based upon which Western will "go public", among
other things, by way of a "reverse take-over" of Crystal Peak.
The parties have agreed to extend the Completion Deadline , as defined in the Arrangement
Agreement, to October 29, 2021, and to revise the consolidation ratio of the issued and outstanding
common shares of Crystal Peak from 490.97 to 1 to 363.30 to 1.
For further information, please contact:
Woods Silleroy
Corporate Secretary
801-984-3350
Neither the NEX board of the TSX Venture Exchange, the TSXV, 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 press release contains “forward-looking information” within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to 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”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, “believes”, or variations of
such words and phrases; or terms that state that cer tain actions, events, or results “may”, “could”,
“would”, “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. 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 information. Crystal Peak does not
undertake to update any forward-looking information, except in accordance with applicable securities
laws.