Stockwatch

Copper Creek Gold Corp (2)
Symbol	CPV
Shares Issued	11,890,673
Close 2014-11-27	C$ 0.045
Market Cap	C$ 535,080
Recent Sedar Documents

Copper Creek arranges $500,000 private placement

2014-11-28 11:47 ET - News Release

Shewchuk Subject: Copper Creek Gold Corp. - Press Release Please disseminate the enclosed press release. Linda Shewchuk Securities Paralegal 401 - 1231 Barclay Street Vancouver, BC V6E 1H5 Tel: (604) 200-7855 Toll Free: (888) 909-4767 Cell: (604) 306-8854 Fax: (604) 259-0339 Email: missy222@telus.net File: 2014-11-28 Press Release (final).doc Copper Creek Gold Corp. Suite 615 - 700 West Pender Street Vancouver, BC V6C 1G8 Telephone: (604) 662-3004 ext. 101 Fax: (604) 662-3063 Email: bjung@clearbridgecapital.com Website: www.coppercreekgold.com NEWS RELEASE TSXV Trading Symbol: CPV COPPER CREEK ANNOUNCES PRIVATE PLACEMENT VANCOUVER, BRITISH COLUMBIA - November 28, 2014 - Copper Creek Gold Corp. ("Copper Creek" or the "Company"; TSX-V: CPV) announces a non-brokered private placement consisting of up to 8,333,333 units ("Units") at a price of CDN $0.06 per Unit to raise gross proceeds of up to CDN $500,000 (the "Private Placement"). Each Unit will consist of one common share ("Common Share") in the capital of the Company and one transferable share purchase warrant ("Warrant"). Each Warrant will entitle the holder thereof to purchase one additional Common Share in the capital of the Company for a period of eighteen months from the closing date ("Warrant Expiry Date"), at a purchase price of CDN $0.10 per share. The Warrants are subject to an early acceleration clause which provides that if the closing price of Copper Creek's Common Shares on the TSX Venture Exchange (following the expiry of the required statutory hold period), is equal to, or greater than CDN $0.15 for a period of 10 consecutive trading days, the Company may accelerate the Warrant Expiry Date to the date which is 30 days following the date upon which notice of the accelerated expiry date is provided by the Company to the holders of the Warrants. The Warrants will automatically expire if the Warrant holders do not exercise them within this 30 day period. The Company may pay finder's fees on a portion of the Private Placement in accordance with applicable securities laws and the policies of the TSX Venture Exchange. All securities issued under the Private Placement will be subject to a four month and one day "hold period" under applicable Canadian securities legislation. The Private Placement is subject to approval of the TSX Venture Exchange. The sale of the Units under this Private Placement will be conducted in reliance upon certain prospectus exemptions, including the exemption allowing issuers to raise capital by distributing securities to existing shareholders (the "Existing Shareholder Exemption") contained in Multilateral CSA Notice 45-313 and the various corresponding blanket orders and rules of participating jurisdictions (but excluding Ontario, Newfoundland and Labrador where the Existing Shareholder Exemption is not available) as well as other available prospectus exemptions, including sales to accredited investors and close personal friends and business associates of directors and officers of the Company. In accordance with the Existing Shareholder Exemption, the Company confirms there is no material fact or material change related to the Company which has not been generally disclosed. The Company has set November 27, 2014 as the record date for the purpose of determining existing shareholders entitled to purchase Units pursuant to the Existing Shareholder Exemption. Subscribers purchasing Units under the Existing Shareholder Exemption will need to represent in writing that they meet certain requirements of the Existing Shareholder Exemption, including that they were, as of the record date and continue to be as of the date of closing for their subscription, a shareholder of the Company. The aggregate acquisition cost to a subscriber under the Existing Shareholder Exemption cannot exceed CDN $15,000 unless that subscriber has obtained advice from a registered investment dealer regarding the suitability of the investment. There is no minimum subscription. Assuming the Private Placement is fully subscribed, the Company intends to allocate the net proceeds as follows (i) finder's fees, legal, stock exchange and securities regulatory fees - CDN $50,000; (ii) general and administrative expenses - CDN $80,000; (iii) accounts payable - CDN $120,000; and (iv) identify and evaluate assets or businesses, for acquisition - CDN $250,000. Although the Company intends to use the proceeds of the Private Placement as described above, the actual allocation of net proceeds may vary from the uses set forth above, depending on future operations, unforeseen events or opportunities. If the Private Placement is not fully subscribed, the Company will apply the proceeds to the above uses in priority and in such proportions as the Board of Directors and management of the Company determine is in the best interest of the Company. Existing shareholders of the Company are directed to contact the Company for further information concerning subscription for Units under the Private Placement in reliance on the existing Shareholder Exemption as follows: Contact Person: Bing Jung Telephone: (604) 662-3004 ext. 101 Email: bjung@clearbridgecapital.com If the aggregate subscription for Units under the Private Placement exceeds the maximum number of Units proposed to be distributed, subscriptions will be accepted in whole or in part at the discretion of the Company, however in the event the sale of Units under the Private Placement is over-subscribed, subscriptions for Units will be processed by the Company on a first come, first served basis. About Copper Creek Gold: Copper Creek Gold Corp. is a Canadian-based mineral exploration company which holds exploration properties in the Eskay Creek area of Northern British Columbia and the Blackwater area of Central British Columbia. ON BEHALF OF THE BOARD Bing Jung, Chief Executive Officer FOR FURTHER INFORMATION CONTACT Bing Jung, CEO Tel. 604-662-3004, ext. 101 bjung@clearbridgecapital.com www.coppercreekgold.com Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release. This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek's plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.