FORMERLY • EPM MINING VENTURES INC.

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CPM Announces Closing of EMR Private Placement

Toronto, May 26, 2016 – Crystal Peak Minerals Inc. (“Crystal Peak” or the “Company”) (TSXV: CPM, OTCQX: CPMMF) is pleased to announce that, further to its press releases dated May 2, 2016 and May 18, 2016, it has closed its previously announced non-brokered, private-placement with EMR Capital Resources Fund 1, LP (“EMR”), pursuant to which the Company issued to EMR 12,620,331 common shares at a price of C$0.4243 per common share for gross proceeds of approximately C$5.35 million (the “Offering”).

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