Crystallex International Corp. WKN 890 729 CA22942F1018 KRY

    TORONTO, ONTARIO, Mar 29, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY) (KRY: Crystallex International Corporation) ("Crystallex" or the "Company") announced today that it has entered into a bought deal agreement with a syndicate of underwriters (the "Underwriters"). Under the agreement, the syndicate will purchase 8,500,000 common shares ("Common Shares") of the Company at a price of CDN$4.25 per Common Share ("the Offering Price") for gross proceeds of CDN$36,125,000. The Company will grant the Underwriters an over-allotment option, to purchase an additional 1,275,000 Common Shares (CDN$5,418,750), exercisable at the Offering Price at any time until the 30th day following the Closing Date. The Company expects to file a Preliminary Short Form Prospectus with the applicable securities regulatory authorities on April 4th, 2007 to qualify the Common Shares for distribution.
    Crystallex plans to use the net proceeds from the financing to develop the Las Cristinas Project, to repay a portion of existing indebtedness and for general corporate purposes.
    The offering is subject to certain conditions including, but not limited to, the entering into by Crystallex and the underwriter of an underwriting agreement and the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and the American Stock Exchange. The offering is expected to close on or about April 24th, 2007.
    This press release is not an offer to sell or the solicitation of an offer to buy the securities, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements.
    About Crystallex
    Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and Amex (symbol: KRY) Exchanges.

    TORONTO, ONTARIO, Mar 29, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY) (KRY: Crystallex International Corporation) today reported its financial results for the year ending December 31, 2006. All dollar figures are in US Dollars unless otherwise indicated.
    Commenting on the Company's progress, Gordon Thompson, President and Chief Executive Officer of Crystallex said, "Since taking the position as Crystallex President and CEO in February, 2007, I have had several opportunities to meet with Venezuelan Officials regarding our investments there and plans for Las Cristinas. Additionally, I have confirmed the final Permit required for Las Cristinas is advancing through the Ministry of the Environment and Natural Resources ("MARN"), the final step in the process."
    Several key objectives achieved during 2006 included:
    - Converted $7.5 million of Standard Bank's ("SBL") debt to equity. SBL's outstanding bank debt reduced to $3.2 million at year-end.
    - Produced 47,345 ounces of gold at the Revemin Plant
    - Successfully completed Equity Unit Financing, Private Placement and early warrant exercise to improve Company's working capital
    - Launched in-fill and step-out drill program on Las Cristinas
    - Adopted new Shareholder Rights Plan
    - Received MIBAM (Ministry of Basic Industry and Mining) formal approval of all the technical, economic and financial aspects of the Feasibility Study for the Las Cristinas project

    TORONTO, ONTARIO, Mar 28, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY) (KRY: Crystallex International Corporation) issued today the following statement concerning the increase in its stock price and trading volume:
    "Crystallex is aware that Gold Reserve Inc (CA:GRZ) (GRZ: gold resv inc cl a) today announced that its Brisas Project had been awarded the Environmental Approval and Construction Permit from the Ministry of the Environment and Natural Resources ("MARN").
    Commenting on the news, Gordon Thompson, Crystallex President and CEO stated, "The awarding of the Brisas environmental permit is a clear signal that Venezuela is fulfilling its promise to advance mining projects. Crystallex is in the final stages of environmental permitting for the Las Cristinas project and looks forward to the timely conclusion of the permitting process at MARN."
    About Crystallex
    Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and Amex (symbol: KRY) Exchanges.

    Apr 03, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Crystallex International Corp. (KRY) has named William A. Faust as chief operating officer and senior vice-president, effective April 16.
    The Toronto mining company said Faust will direct its mining operations in Venezuela, including the development, construction and operation of the Las Cristinas gold project.
    Gordon Thompson, the company's chief executive, said Faust's position is a new one.
    Faust most recently served as vice-president Operations for Nevada Pacific Gold Ltd., which was acquired by U.S. Gold Corp. (UXG) in March.

    TORONTO, ONTARIO, Apr 03, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY: news, chart, profile) (KRY: Crystallex International Corporation) announced today the appointment of William A. Faust as Chief Operating Officer and Senior Vice President, effective April 16, 2007. Mr. Faust will direct the Company's mining operations in Venezuela, including the development, construction and operation of the Las Cristinas gold project located in Bolivar State, Venezuela.
    Mr. Faust has over 28 years of engineering and management experience, particularly in open pit mining in Mexico and the Western U.S.
    Mr. Faust most recently served as Vice President Operations for Nevada Pacific Gold Ltd., which was acquired by US Gold Corporation in March 2007. Prior to his tenure at Nevada Pacific Gold, he was President of Pan American Silver's Mexican operations, in charge of expanding the La Colorada underground silver mine in Zacatecas. He was also Vice President, Operations from 2001 to 2003 of Corner Bay Silver Inc. prior that company's sale to Pan American Silver Inc. where Mr. Faust was in charge of developing a new open pit silver mine in Sonora, Mexico.
    As Vice President Operations of Eldorado Gold Corporation from 1997 to 2001, Mr. Faust was in charge of two operating mines in Mexico and Brazil, with over 700 employees and 14 contractors with 250 employees producing 180,000 ounces of gold annually. He was also involved in project evaluations and feasibility studies at Eldorado Gold. Previously Mr. Faust worked as Manager of Engineering for Santa Fe Pacific Gold Corporation in project evaluation and development roles, after serving as Mine Manager at the Twin Creeks Mine in Nevada. Prior to that, he worked for Gold Fields Mining Company as Mine Operations Manager at the Chimney Creek Mine in Nevada, where he joined the project at the feasibility study stage as Chief Engineer, and saw the mine through construction and commissioning.
    Mr. Faust is a Registered Professional Engineer in New Mexico, and holds an MBA Finance, Management from Western New Mexico University, a BS, Mining Engineering from New Mexico Tech, and a BS, Civil Engineering from the University of New Mexico, and is fluent in Spanish.
    Commenting on Mr. Faust's appointment Mr. Gordon Thompson, Crystallex President and CEO said, "Bill's experience in building and operating mining projects in Latin America is a strategic match for Crystallex's operations, both existing and planned, in Venezuela. We are very pleased to welcome him to the team."
    Crystallex is in the final stages of environmental permitting for the Las Cristinas project.
    About Crystallex
    Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol:KRY) and AMEX (symbol:KRY) Exchanges.

    Crystallex International (KRY) slipped after the Toronto-based gold miner offered 12.5 million shares in Canada at $3.69 apiece ($4.25 Canadian), with an underwriter's option for about another 1.9 million shares to cover any overallotments. Proceeds will pay for expenses relating to one of its Venezuelan projects, Las Cristinas, as well as for debt repayment and general corporate purposes. Shares were dipping 7 cents, or 1.7%, to $4.03 in recent late trading


    Crystallex Files Preliminary Prospectus in Canada for Offering of Common Shares


    TORONTO, ONTARIO, Apr 05, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY: news, chart, profile) (KRY: Crystallex International Corporation) ("Crystallex" or the "Company") announced today that it has filed a preliminary short form prospectus with regulatory authorities in Canada relating to its proposed public offering of 12,500,000 common shares at C$4.25 per share.
    The common shares are being offered on a bought deal basis in the provinces of Ontario, Alberta, British Columbia, Manitoba, Nova Scotia and Newfoundland and Labrador and in the United States via a private placement to accredited investors. Crystallex has granted the underwriters an over-allotment option to purchase up to an additional 1,875,000 common shares, exercisable at any time, in whole or in part, for a period of up to 30 days after the closing of the offering, equal to 15% of the total number of common shares sold pursuant to the offering, at the same offering price as set forth above.
    Crystallex intends to use the net proceeds from the offering and any exercise of the over-allotment option for the development of, and pre-construction costs and post-permit expenses relating to, the Las Cristinas project, to repay portions of existing indebtedness, and for general working capital purposes.
    The offering is subject to normal regulatory approvals. A copy of the preliminary short form prospectus has been filed via SEDAR ( http://www.sedar.com).
    These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and these securities may not be offered or sold, directly or indirectly, within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) without registration under the U.S. Securities Act and any applicable state securities laws unless an exemption from registration is available. This news release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.
    About Crystallex
    Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development and which is expected to commence commercial gold production in 2009 at an initial annualized rate of some 300,000 ounces at the initial planned production rate of 20,000 tonnes of ore per day. Other key assets include the Tomi Mine, certain Lo Increible properties and the Revemin Mill. Crystallex shares trade on the TSX (symbol: KRY) and AMEX (symbol: KRY) Exchanges.

    Artikel von Ant & Sons.


    Zitat: ...Management has continually stated in numerous press releases that it is in the final stages of environmental permitting. Though a recent newspaper article from The Globe quoting the current CEO of Crystallex and hinting at a permit after the Easter holiday, we need something that is a little bit more objective and concrete to signal a permit is on its way....


    VG heron

    " TORONTO, ONTARIO, Apr 19, 2007 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY: news, chart, profile) (KRY: Crystallex International Corporation) ("Crystallex" or the "Company") announced today that it has filed a final short form prospectus with regulatory authorities in Canada relating to its previously announced public offering of 12,500,000 common shares at C$4.25 per share for gross proceeds of C$53,125,000 in respect of which a preliminary short form prospectus was filed on April 4, 2007.
    The common shares are being offered on a bought deal basis in the provinces of Ontario, Alberta, British Columbia, Manitoba, Nova Scotia and Newfoundland and Labrador and in the United States via a private placement to accredited investors. Crystallex has granted the underwriters an over-allotment option to purchase up to an additional 1,875,000 common shares, exercisable at any time, in whole or in part, for a period of up to 30 days after the closing of the offering, at the same offering price as set forth above for additional gross proceeds of C$7,968,750.
    Crystallex intends to use the net proceeds from the offering and any exercise of the over-allotment option for the development of, and pre-construction costs and post-permit expenses relating to, the Las Cristinas project, to repay portions of existing indebtedness, and for general working capital purposes.
    The offering is subject to normal regulatory approvals. A copy of the final short form prospectus has been filed via SEDAR ( http://www.sedar.com)."

    warnende Researchnote von Canaccord Capital:


    The chart to the left is that of Petrofalcon, an oil and gas junior that we wrote up several times a few years ago and as the chart tells you, it was having a great time...for a while.
    Experienced management that had previously built a significant oil and gas company were at it again and with a fairly decent master plan, things were going well…
    Then Hugo Chavez of Venezuela changed the rules for oil companies in the country and has been changing them with regularity ever since. What’s left for the oil and gas companies in Venezuela is less and less all the time and this chart of Petrofalcon, a former success story, displays what’s going on in that country.
    Meanwhile, Chavez is not just content anymore to take over oil and gas companies, but all of a sudden, utilities and other public companies are on his take-over list and now he’s even decided to shut down television stations, particularly popular ones that might actually not worship at his feet.


    Which gets us to Crystallex Intl. According to the Dow Jones Newswires today, “Venezuela’s mining ministry plans to turn over a new mining law to President Hugo Chavez for approval in two weeks, a minister said Monday.”
    “We are putting the final touches on it based on three proposals we have on hand”, Mining Minister Jose Khan told Dow Jones Newswires in a telephone interview. The article mentions that the “pro-Chavez congress unanimously gave the president special presidential powers early in the year so he can create laws for a year and a half without consulting congress.”
    “Under the new mining law, Khan said the figure of the mining concession will end because it has a history of giving holders a sense that they own the resources.” He also acknowledged that “the new law could follow in the footsteps of state oil company Petroleos de Venezuela, PdVSA, which converted oil deals into a mixed company framework.” There are those that suggest Chavez is going to be a nice guy and let Crystallex proceed in its current form and are buying the stock.
    We’ve had personal experiences that weren’t pleasant speculating in Venezuela, so we’ll take the other side...we are short Crystallex and it will be interesting to see what happens in two weeks.

    Connecting the Dots With GOLDEN STAR RESOURCES, CRYSTALLEX INTERNAT CORP, NORTHGATE MINERALS CORP, and ALBERTA STAR DEVELOPMENT


    GRANDE BAY, U.S.A., Aug 17, 2007 (MARKET WIRE via COMTEX) -- Combating the Drops in a Dropping Market Maybach Financial Group
    Maybach Financial Group is a syndicate of financial analysts, with a core group representing over 250 years of total investing experience. Our focus is to give investors the financial advantage necessary to sustain profit all markets. This week, to gauge the outcome of the resource sector, we are focusing on GOLDEN STAR RESOURCES (GSS:
    Golden Star Resources, Ltd.) , CRYSTALLEX INTERNAT CORP (KRY:
    Crystallex International Corporation) , NORTHGATE MINERALS CORP (NXG:
    Northgate Exploration Limited), and ALBERTA STAR DEVELOPMENT (ASXS.F) .

    :rolleyes: warum finde ich immer der anderen Glück :rolleyes: ;) :D


    Crystallex International Corporation: Venezuelan National Assembly's Permanent Commission for Economic Development Issues Report and Recommendation for the development of Las Cristinas
    Friday October 26, 11:47 am ET


    TORONTO, ONTARIO--(MARKET WIRE)--Oct 26, 2007 -- Crystallex International Corporation (Toronto:KRY.TO - News)(AMEX:KRY - News) reported that the Venezuelan National Assembly's Commission of Economic Development has today published a report following its October 4th, 2007 Las Cristinas hearings. The Commission's Report noted that representatives from the Ministry of the Environment and Natural Resources of Venezuela (MinAmb), the Ministry of Basic Industries and Mining ("MIBAM"), the Corporacion Venezolana de Guayana ("CVG"), and Crystallex testified at the hearings.....
    http://biz.yahoo.com/iw/071026/0320635.html


    http://de.advfn.com/p.php?pid=staticchart&s=T%5Ekry&p=0&t=1


    linar :)

    Nov 14, 2007 (Dow Jones Commodities News via Comtex) -- DOW JONES NEWSWIRES
    Crystallex International Corp. (KRY) posted a larger loss and lower revenue in the third quarter, as production fell by nearly 50%.
    The Toronto mining company said it had a loss of $9.3 million or 4 cents a share, compared with last year's loss of $8.8 million or 4 cents.
    Revenue of $2.2 million was down from $9.8 million.
    The company said production fell to 6,688 ounces of gold from 12,040 ounces, and sales fell to 6,430 ounces from 15,661 ounces.
    Because of the company's selling arrangement to the Central Bank of Venezuela, the average realized price was just $340 an ounce in the latest quarter, down from $624 a year earlier. This decline reflects the widening spread between the official and "parallel" spreads for the Bolivar and the U.S. dollar.

    So much potential, so little to show for it. Crystallex International Corp. (KRY) met all the requirements months ago for an environmental permit to develop the Las Cristinas gold deposit in Venezuela. But with no permit in sight from president Hugo Chavez's government, the stock has sunk below $3.00 a share despite a fantastic run for gold prices.
    Crystallex investors got more bad news from the recent technical report, in which the company announced its capital cost for the project is now $356-million, 22% higher than its last estimate. Forecast operating costs have increased 28% to US$9.80 a tonne. The company is also dealing with water inflow and higher amounts of mined waste.
    Wellington West Capital Markets analyst Catherine Gignac has cut her price target on the company's Toronto-traded on the stock in half, from $10.00 a share to $5.00. But, she is maintaining a "strong buy" rating because of the logical reasons: high gold prices, a lack of new development projects, and the industry's need for growth and acquisition.
    She currently estimates net present value for Crystallex to be $4.71 a share, and applies a discount rate of 3%. She does not include any premium for growth or management, as she does not believe they are justified.
    The only thing on anyone's mind right now is the permit.
    "The Environmental Impact Statement was approved, a reclamation-related bond (Compliance Guarantee Bond) was posted and taxes were paid related to the permit. Five months later, no permit has been issued yet," she wrote in a note to clients.
    So where is it?

    TORONTO, ONTARIO, Feb 11, 2008 (MARKET WIRE via COMTEX) -- Crystallex International Corporation (CA:KRY) (KRY: KRY) ("Crystallex" or the "Company") announced today that it has completed its previously announced offering of 32,890,000 units at C$2.10 per unit for gross proceeds of C$69,069,000, including 4,290,000 units issuable upon the exercise of the over-allotment option by the syndicate of underwriters.
    Crystallex plans to use the net proceeds from the financing to develop the Las Cristinas Project, for debt service and for general corporate purposes.
    These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or the securities laws of any state of the United States and these securities may not be offered or sold, directly or indirectly, within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) without registration under the U.S. Securities Act and any applicable state securities laws unless an exemption from registration is available. This news release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction.


    Contacts:
    Crystallex International Corporation
    Richard Marshall
    VP
    1-800-738-1577
    Email: info@crystallex.com





    SOURCE: Crystallex International Corporation


    mailto:info@crystallex.com

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