Toronto, Ontario (Newsfile Corp. - October 13, 2021) - Western Exploration LLC ("Western") and Crystal Peak Minerals Inc. (TSXV: CPM.H) (OTC: CPMMF) ("Crystal") (together, the "Parties") are pleased
Western ) and Crystal Peak Minerals Inc. (
Crystal ) (NEX: CPM.H) (OTC Pink: CPMMF) are pleased to announce that they have entered into an arrangement agreement dated February 19, 2021 (the
Arrangement Agreement ) outlining the terms upon which, among other things, Western will go public by way of a reverse take-over of Crystal (the
RTO ) under the policies of the TSX Venture Exchange (the
Exchange ), as more particularly described in this news release.
In this news release, references to the
Resulting Issuer or
WEX are to Crystal after the closing of the RTO.
As part of the RTO, Western has also entered into an engagement letter dated February 19, 2021 with Canaccord Genuity Corp., as lead agent on behalf of a syndicate of agents (collectively, the