Crystallex Reaches Agreement in Principle on Settlement with the SEC

TORONTO, ONTARIO--(Marketwired - May 1, 2013) - Crystallex International Corporation ("Crystallex" or the "Company") announced today that it had reached a settlement with the U.S. Securities and Exchange Commission (the "SEC") in which Crystallex will consent to an order revoking its registration under the Securities Exchange Act of 1934 (the "Act").

The settlement follows the commencement by the Division of Enforcement of the SEC of administrative proceedings against Crystallex seeking to revoke Crystallex's registration under the Act as a result of failures by Crystallex to comply with certain of its filing requirements under the Act (the "SEC Administrative Proceeding"). Notwithstanding the revocation of the registration, Crystallex will not be prevented from reapplying for registration under the Act in the future.http://www.marketwire.com/press-release/crystallex-reaches-agreement-in-principle-on-settlement-with-the-sec-otcbb-cryfq-1785264.htm