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22:09:30 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Copper Creek Gold Corp (2)
Symbol CPV
Shares Issued 29,940,704
Close 2016-10-27 C$ 0.08
Market Cap C$ 2,395,256
Recent Sedar Documents

Copper Creek investor Jung now holds 15.3%

2016-10-28 18:49 ET - News Release

Shewchuk Subject: Press Release in Connection with Early Warning Report Please disseminate the enclosed. Linda Shewchuk Securities Paralegal 401 - 1231 Barclay Street Vancouver, BC V6E 1H5 Toll Free: (888) 909-4767 Cell: (604) 306-8854 Fax: (604) 259-0339 Email: missy222@telus.net File: Press Release (Bing Jung).docx BING JUNG Suite 1705, 5611 Goring Street Burnaby, BC V5B 2Z8 Tel: 604-657-4317 NEWS RELEASE BING JUNG ANNOUNCES CHANGE IN HOLDINGS OF COPPER CREEK GOLD CORP. Vancouver, British Columbia, October 28, 2016 - Bing Jung announces that he currently has ownership and control over 5,111,809 common shares in the capital of Copper Creek Gold Corp. (TSX: CPV) (the "Issuer"), representing approximately 15.3% of the issued and outstanding common shares. He also has ownership and control over 2,000,000 share purchase warrants, entitling him to acquire an additional 2,000,000 common shares of the Issuer. If he were to exercise all of his warrants, he would own 7,111,809 common shares, representing approximately 20.1% of the then issued shares, assuming no other common shares are issued by the Issuer. On October 27, 2016 the Issuer completed a non-brokered private placement through the issuance of an aggregate of 3,537,000 units in the capital of the Company at a price of $0.06 per unit. Each unit consisted of one common share and one share purchase warrant. In addition, an aggregate of 3,475,000 share purchase warrants held by Bing Jung had expired. Prior to completion of the private placement that triggered the requirement to file this report. Bing Jung had ownership and control over 5,111,809 common shares or 17.1% of the issued and outstanding common shares and 2,000,000 share purchase warrants, or 22.3% on a semi-diluted basis. As a result of the private placement and expiry of share purchase warrants, the percentage of securities held by Bing Jung has been reduced. Bing Jung acquired the units for investment purposes. He has no current intention to obtain beneficial ownership of additional securities of the Issuer, however, he may, in the ordinary course of business, acquire additional securities of the Issuer for investment purposes, subject to his undertaking not to exercise any warrants or stock options (of which he has none) if such exercise would result in him holding 20% or greater of the issued and outstanding share capital of the Issuer, unless shareholder approval is received. The head office of Copper Creek Gold Corp. is located at Suite 710 - 750 West Pender Street, Vancouver, British Columbia, V6C 2T7. Bing Jung will file with the Canadian regulators within the prescribed period an early warning report providing details on the acquisition. The report will be available on SEDAR. In addition, a copy of the report may be obtained by contacting Bing Jung at 604-657-4317. To review the report associated with this news release, please go to the Issuer's profile on the SEDAR website www.sedar.com.

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