Mr. Alexander Stares reports

METALS CREEK RESOURCES CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH AND NON FLOW-THROUGH UNITS

Metals Creek Resources Corp. has closed a first tranche of a non-brokered private placement of flow-through and non-flow-through units.

The company has raised in this first tranche aggregate proceeds of $154,436 by issuing 4,847,866 flow-through units at three cents per unit (with each flow-through unit consisting of one flow-through common share and one common share purchase warrant) and 300,000 non flow-through units at three cents per unit (with each non-flow-through unit consisting of one common share and one common share purchase warrant). The flow-through unit warrants are exercisable for one common share of the company at an exercise price of six cents for a period of 24 months from the date of issuance. The non-flow-through unit warrants are exercisable for one common share of the company at an exercise price of five cents for a period of 24 months from the date of issuance. All securities issued pursuant to the financing are subject to a four-month-and-one-day hold period. Cash finders' fees equal to 6.0 per cent of proceeds raised pursuant to the private placement were paid in connection with this financing as well as the issuance of 200,022 finders' warrants (being 6.0 per cent of the number of units placed in the private placement), which are each exercisable for one common share of the company at six cents for a period of 24 months from the date of issuance. Two insiders of the company participated for 520,000 shares.

Closing on a further tranche is expected in early August.

About Metals Creek Resources Corp.

Metals Creek Resources is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the exchange under the symbol MEK. Metals Creek has earned a 50-per-cent interest in the Ogden gold property from Newmont Corp., including the former Naybob gold mine, located six km south of Timmins, Ont., and has an eight km strike length of the prolific Porcupine-Destor fault (P-DF). In addition, Metals Creek owns and/or has option agreements in place to acquire a 100-per-cent interest in claims in the Shabaqua Corners area of Northwestern Ontario.

We seek Safe Harbor.