Rio Cristal announces the closing of the Units for Debt Transaction and private placement approved by the Shareholders on February 26, 2015. In connection with the Debt Transaction, the Company issued 25,618,106 units for debt at a deemed price of $0.05 per Debt Unit. Each Debt Unit is comprised of one common share and one common share purchase warrant (a "Debt Warrant"), to settle an aggregate debt of $1,280,905.36 owing
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