Crown Point Energy Inc. has completed the sale of its 50% interest in the El Valle Exploitation Concession (El Valle) for consideration of approximately US$525,000 to its former joint interest participants in El Valle.
The purchase price will be paid in 20 equal monthly installments commencing in August 2014. This sale is part of an ongoing effort to focus human and capital resources on areas that Company believes will provide the greatest return for our shareholders and drive growth in the future.
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Crown Point Energy Inc.
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