Home : April 2012 : April 23, 2012 News : Crystallex Announces Court Approval of DIP Financing

Crystallex Announces Court Approval of DIP Financing

April 23, 2012

TORONTO, ONTARIO--(Marketwire - April 23, 2012) - Crystallex International Corporation (OTCQB:CRYFQ) ("Crystallex" or the "Company") announced today that the Ontario Superior Court of Justice (Commercial List) issued an order (the "CCAA Order") approving the Company's debtor-in-possession (DIP) financing of US$36,000,000 provided by an entity managed by Tenor Capital Management Company LLC (together with any successors, assigns or transferees as permitted, the "Lender").

http://www.marketwire.com/mw/release.do?id=1647575&sourceType=3
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