Capstone Partners advised EPM Mining Ventures Inc. (EPM), a development stage mining company focused on specialty fertilizers, in closing an CAD $85 million combined pre-production and development equity private placement with EMR Capital Resources Fund. Investment proceeds will be used to accelerate the development of the Company’s sulphate potash project at the Sevier Lake Playa in Utah.
In the context of the prevailing lackluster capital markets for resource companies, this financing affirms that world-class minerals assets with competitive economics, still have access to capital.
EPM changed their name to Crystal Peak Minerals, Inc. on June 25, 2015 to better communicate their strategy to develop its Sevier Lake Project to markets, shareholders, and others.
