10:08:15 EDT Fri 03 May 2024
Enter Symbol
or Name
USA
CA



Blind Creek Resources Ltd (2)
Symbol BCK
Shares Issued 15,184,715
Close 2017-03-03 C$ 0.28
Market Cap C$ 4,251,720
Recent Sedar Documents

ORIGINAL: Blind Creek to acquire Engineer, Gold Hill projects

2017-03-03 17:13 ET - News Release

Received by email:

File: BCK NR Acquisition of Engineer Mine and Gold Hill Properties March 3, 2017.doc

BLIND CREEK RESOURCES LTD.  P.O. Box 48778 Stn. Bentall Centre  Vancouver, B.C.  V7X 1A6



Telephone: 604-682-2928 TSX Venture Exchange
Facsimile: 604-492-1944 Trading Symbol: "BCK" 
 

BLIND CREEK TO ACQUIRE
THE ENGINEER MINE AND GOLD HILL PROPERTIES

March 3, 2017

Vancouver, BC - Blind Creek Resources Ltd. (TSXV: BCK) (the "Company" ) is pleased to announce that it has entered int
--->o an agreement (the "Agreement") to acquire 100% interest in the Engineer Mine property and the adjoining Gold Hill pr
--->operty, situated approximately 32 kilometres southwest of Atlin, British Columbia (the "Transaction") with BCGold Corp
--->. ("BCGold"). The Engineer Mine property includes 6 Crown-granted mineral claims and 3 mining claims, while the Gold H
--->ill property is comprised of 5 mineral claims.  Upon completion of the Transaction, the Company will have consolidated
---> land holdings over the Engineer Mine and Gold Hill properties.
The Company has paid BCGold the purchase price of $350,000, the majority of which funds are held in trust pending rece
--->ipt of all necessary documentation required to close the transaction.  As part of the Transaction, the Company has als
--->o agreed to assume certain liabilities owed by BCGold.  In addition, the Company will grant to BCGold a 1.0% net smelt
--->er return royalty ("BCGold's Royalty") on the Engineer Mine property, the Gold Hill property, and the Company's Blind 
--->Creek property that borders the west and south sides of the Engineer Mine property and Gold Hill property. Guardsmen w
--->ill retain a 2.5% net smelter return royalty ("Guardsmen's Royalty") on the Gold Hill property. The Company has rights
---> under the Agreements to buy back all of BCGold's Royalty and up to 2% of Guardsmen's Royalty. 
A further news release will follow upon closing. 
No securities of the Company were issued as consideration for the Transaction. The Transaction constitutes an Exempt T
--->ransaction in accordance with TSX Venture Exchange ("Exchange") Policy 5.3, and therefore the Exchange's approval was 
--->not sought or received.
On Behalf of the Board of Directors of Blind Creek Resources Ltd.

"Thomas Kennedy"

Thomas Kennedy,  Chief Executive Officer 

For further information please contact: Christopher P. Cherry, Chief Financial Officer  Tel: (604) 908-3095 *bullet* F
--->ax: (604) 669-3041

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 news release includes certain forward-looking information or forward-looking statements for the purposes of appli
--->cable securities laws. These statements include, among others, statements with respect to the timing and completion of
---> the Transaction and acquisition of properties thereunder.  These statements address future events and conditions and,
---> as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, perfor
--->mance or achievements to differ materially from those anticipated in such statements. Important factors that could cau
--->se actual results to differ materially from the Company's expectations include, among others, the timing and completio
--->n of the Transaction and acquisition of properties thereunder, the anticipated benefits of the Transaction to the Comp
--->any, the timing and success of the Company's future exploration and development activities, exploration and developmen
--->t risks, market prices, exploitation and exploration results, availability of capital and financing, general economic,
---> market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, mate
--->rials and equipment, unanticipated environmental impacts on operations and other exploration risks detailed herein and
---> from time to time in the filings made by the Company with securities regulators. In making the forward-looking statem
--->ents, the Company has applied several material assumptions including, but not limited to, the assumptions that the Tra
--->nsaction will proceed as planned, the anticipated benefits of the Transaction will be realized, the proposed explorati
--->on and development of the Company's mineral projects will proceed as planned, market fundamentals will result in susta
--->ined metals and mineral prices, and any additional financing needed will be available on reasonable terms.  The Compan
--->y expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a resu
--->lt of new information, future events or otherwise except as otherwise required by applicable securities legislation.



File: BCK NR Acquisition of Engineer Mine and Gold Hill Properties March 3, 2017.pdf

                             BLIND CREEK RESOURCES LTD.
                              P.O. Box 48778 Stn. Bentall Centre
                                 Vancouver, B.C. V7X 1A6



Telephone: 604-682-2928                                                  TSX Venture Exchange
Facsimile: 604-492-1944                                                 Trading Symbol: "BCK"


                          BLIND CREEK TO ACQUIRE
                THE ENGINEER MINE AND GOLD HILL PROPERTIES

March 3, 2017

Vancouver, BC   Blind Creek Resources Ltd. (TSXV: BCK) (the "Company" ) is pleased to
announce that it has entered into an agreement (the "Agreement") to acquire 100% interest in
the Engineer Mine property and the adjoining Gold Hill property, situated approximately 32
kilometres southwest of Atlin, British Columbia (the "Transaction") with BCGold Corp.
("BCGold"). The Engineer Mine property includes 6 Crown -granted mineral claims and 3
mining claims, while the Gold Hill property is comprised of 5 mineral claims. Upon completion
of the Transaction, the Company will have consolidated land holdings over the Engineer Mine
and Gold Hill properties.

The Company has paid BCGold the purchase price of $350,000, the majority of which funds are
held in trust pending receipt of all necessary documentation required to close the transaction. As
part of the Transaction, the Company has also agreed to assume certain liabilities owed by
BCGold. In addition, the Company will grant to BCGold a 1.0% net smelter return royalty
("BCGold's Royalty") on the Engineer Mine property, the Gold Hill property, and the
Company's Blind Creek property that borders the west and south sides of the Engineer Mine
property and Gold Hill property. Guardsmen will retain a 2.5% net smelter return royalty
("Guardsmen's Royalty") on the Gold Hill property. The Company has rights under the
Agreements to buy back all of BCGold's Royalty and up to 2% of Guardsmen's Royalty.

A further news release will follow upon closing.

No securities of the Company were issued as consideration for the Transaction. The Transaction
constitutes an Exempt Transaction in accordance with TSX Venture Exchange ("Exchange")
Policy 5.3, and therefore the Exchange's approval was not sought or received.
 On Behalf of the Board of Directors of Blind Creek Resources Ltd.

"Thomas Kennedy"

Thomas Kennedy,
Chief Executive Officer

For further information please contact:
Christopher P. Cherry, Chief Financial Officer
Tel: (604) 908-3095 dot Fax: (604) 669-3041

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 news release includes certain forward-looking information or forward-looking statements for the
purposes of applicable securities laws. These statements include, among others, statements with respect
to the timing and completion of the Transaction and acquisition of properties thereunder. These
statements address future events and conditions and, as such, involve known and unknown risks,
uncertainties and other factors, which may cause the actual results, performance or achievements to
differ materially from those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include, among others, the timing and
completion of the Transaction and acquisition of properties thereunder, the anticipated benefits of the
Transaction to the Company, the timing and success of the Company's future exploration and
development activities, exploration and development risks, market prices, exploitation and exploration
results, availability of capital and financing, general economic, market or business conditions, uninsured
risks, regulatory changes, defects in title, availability of personnel, materials and equipment, unanticipated
environmental impacts on operations and other exploration risks detailed herein and from time to time in
the filings made by the Company with securities regulators. In making the forward-looking statements, the
Company has applied several material assumptions including, but not limited to, the assumptions that the
Transaction will proceed as planned, the anticipated benefits of the Transaction will be realized, the
proposed exploration and development of the Company's mineral projects will proceed as planned,
market fundamentals will result in sustained metals and mineral prices, and any additional financing
needed will be available on reasonable terms. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements whether as a result of new information,
future events or otherwise except as otherwise required by applicable securities legislation.
 


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