VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 17, 2012) - Cresval Capital Corp. (the "Company") (TSX VENTURE:CRV.V - News) announces that it has arranged a debt settlement with certain creditors. The debt settlement will allow the Company to restructure approximately $37,590 in outstanding debt through the issuance of up to 375,900 common shares of the Company.
The debt settlement is subject to TSX Venture Exchange approval.
About Cresval Capital
Cresval Capital is a junior copper and precious metals exploration company actively involved in two 100 percent owned projects situated near the productive Bralorne Gold camp in the Lillooet mining district in southwestern British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS
Lee Ann Wolfin, President
Forward looking statements: This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements.
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.
- TSX Venture Exchange