VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 29, 2012) - Cresval Capital Corp. (the "Company") (TSX VENTURE:CRV) announces that, upon the approval of the TSX Venture Exchange (the "Exchange"), it will amend the terms of 3,530,000 common share purchase warrants (the "Warrants") that were issued by way of a private placement approved by the Exchange on October 15, 2010, and 3,375,000 Warrants that were issued by way of a private placement approved by the Exchange on May 18, 2011. The amendment will change the price of the 3,530,000 Warrants from $0.15 to $0.10 and the 3,375,000 Warrants from $0.30 to $0.22. The remaining terms of all Warrants will remain unchanged.
The Company has also granted 235,000 incentive stock options (the "Options") to directors, officers and selected consultants pursuant to the Company's approved stock option plan. The Options will be exercisable at a price of $0.16 per Option share until February 28, 2017.
About Cresval Capital
Cresval Capital is a junior copper and precious metals exploration company actively involved in two 100% owned projects situated near the productive Bralorne Gold camp in the Lillooet mining district in southwestern British Columbia.
Information on the Companies projects is available on the Company's website at www.cresval.com.
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 statement.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.
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