June 22, 2017 / 9:14 PM / 2 months ago

BRIEF-Crystal Peak announces convertible loan agreement with EMR

June 22 (Reuters) - Crystal Peak Minerals Inc:

* Crystal Peak announces convertible loan agreement with EMR

* Crystal Peak Minerals Inc - ‍entered into a convertible loan agreement with emr capital investment​

* Crystal Peak Minerals Inc - ‍pursuant to aggrement EMR will lend Crystal Peak U.S.$12 million

* Crystal Peak Minerals Inc - ‍loan will mature in 18 months from date of issuance, and will bear interest at rate of 12pct, compounded quarterly​

* Crystal Peak Minerals- to use funds received from loan to fund continuing development program for its specialty fertilizer project on sevier playa​ Source text for Eikon: Further company coverage:

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