Cresval Announces Board Changes

VANCOUVER, British Columbia, Aug. 20, 2019 (GLOBE NEWSWIRE) -- Cresval Capital Corp. ("Cresval" or "the Company") (CRV: TSX-V) announced today the resignation of Mr. Akash Patel from its Board of Directors and the appointment of Mr. Peter K. Jensen, LL.B., BCL, B.Sc.

"Cresval wishes to thank Mr. Patel for his contributions in guiding the Company and its management," said Cresval President and CEO Lee Ann Wolfin. "We would welcome the opportunity to work with him in the future."

New director Peter Jensen, who holds two law degrees from McGill University, brings a long and successful career in law, management and finance to the Cresval board. Mr. Jensen began his legal practice in 1981, focusing on the corporate and securities sectors in British Columbia. He has gained a wide range of international legal counselling experience with special expertise in trans-border transactions for companies operating in Asia, Europe, Africa and Latin America. Mr. Jensen is a former and current director of numerous private and publicly traded companies and has assisted with financings in Canada, the United States, Europe, and Asia.

"Cresval's management and directors are pleased to welcome Mr. Jensen to the Board," said Ms. Wolfin. "His wide-ranging experience through the practice of law and his understanding of the challenges facing private and publicly-traded entities will provide immense value to the Company. We look forward to working with him."

About Cresval:
Cresval is a junior copper and precious metals exploration company actively involved in three 100% owned projects situated near the productive Bralorne Gold camp in southwestern British Columbia.

For more information please visit www.cresval.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Lee Ann Wolfin"

Lee Ann Wolfin
President and Chief Executive Officer

Forward looking statements:  Neither the 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. 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.

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