CRYSTAL PEAK MINERALS INC.

Controlling over 124,000 acres on the Sevier Playa in Millard County, Utah, Crystal Peak Minerals Inc. expects to develop a world-class mining site. The project intends to produce sulfate of potash and other beneficial minerals using an environmentally-friendly solar evaporation process.

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Helping Agriculture Feed the World

Crystal Peak Minerals Inc. is a development-stage mining company with a primary focus on a world-class potash project on the Sevier Playa in southwestern Utah.

CPM Announces Exercise of EMR Warrants

Toronto, May 2, 2016 – Crystal Peak Minerals Inc. (“Crystal Peak” or the “Company”) (TSXV: CPM, OTCQX: CPMMF) is pleased to announce that EMR Capital Resources Fund 1, LP (“EMR”) exercised its full contingent of 34,516,129 warrants at a price of C$0.4243 per common share for gross proceeds of C$14.65 million pursuant to its subscription agreement with the Company (dated May 29, 2015 and available on SEDAR at www.SEDAR.com). In addition, Crystal Peak Minerals is concluding negotiations with EMR for an additional non-brokered, private-placement investment of 12,620,331 common shares (“Common Shares”) at a price of $0.4243 per Common Share for gross proceeds of C$5.35 million (the “Offering”). The Offering remains subject to the execution of definitive agreements and TSX Venture Exchange approval.

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What is Potash

Crystal Peak Minerals Inc.

(TSXV: CPM – OTCQX: CPMMF)

Last Trade: $0.27
Trade Time: 11:31am
Change:  -0.01 – -3.57%
Previous Close: 0.28
Open: 0.29
Bid: 0.27
Ask: 0.28
1yr. Target Est: N/A
Day’s Range: 0.27 – 0.29
52wk Range: 0.13 – 0.42
Volume: 31000
Avg Daily Vol: 25748
Market Cap: N/A
P/E Ratio: N/A
EPS (ttm): N/A
Div & Yeild: N/A

For additional information visit: SEDAR

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