06:14:55 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Metals Creek Resources Corp (2)
Symbol MEK
Shares Issued 149,612,266
Close 2023-08-22 C$ 0.03
Market Cap C$ 4,488,368
Recent Sedar Documents

Metals Creek closes $30,000 second tranche of financing

2023-08-22 17:46 ET - News Release

Mr. Alexander Stares reports

METALS CREEK RESOURCES CORP. CLOSES SECOND TRANCHE AND ANNOUNCES ADDITIONAL EXTENSION OF NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH AND NON FLOW-THROUGH UNITS

Further to a news release dated July 25, 2023, Metals Creek Resources Corp. has closed a second tranche of its previously announced non-brokered private placement of flow-through and non-flow-through units for aggregate gross proceeds of up to $400,000.

The company has raised in this second tranche aggregate proceeds of $30,000 by issuing one million 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). 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. Together with the first tranche closed on July 25, 2023, the company has issued an aggregate of 5,847,866 flow-through units for gross proceeds of $175,436, and an aggregate of 300,000 non flow-through units for gross proceeds of $9,000. All securities issued pursuant to the private placement are subject to a four-month-and-one-day hold period.

The company also announces that, further to a news release dated Aug. 4, 2023, it will further extend its private placement to on or about Sept. 20, 2023.

Proceeds of this private placement will be used for continuing exploration at the company's Shabaqua Corners gold property and general working capital.

About Metals Creek Resources Corp.

Metals Creek Resources is a junior exploration company incorporated under the laws of Ontario, and a reporting issuer in Alberta, British Columbia and Ontario. 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 kilometres south of Timmins, Ont., and has an eight km strike length on the prolific Porcupine-Destor fault. 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.

© 2024 Canjex Publishing Ltd. All rights reserved.