09:51:03 EST Tue 09 Dec 2025
Enter Symbol
or Name
USA
CA



Metals Creek Resources Corp (2)
Symbol MEK
Shares Issued 186,891,866
Close 2025-06-23 C$ 0.025
Market Cap C$ 4,672,297
Recent Sedar Documents

Metals Creek receives conditional OK for placement

2025-06-25 04:26 ET - News Release

Mr. Alexander Stares reports

METALS CREEK RECEIVED CONDITIONAL APPROVAL FOR $400,000 PRIVATE PLACEMENT FINANCING

Further to the May 27, 2025, news release, Metals Creek Resources Corp. has received conditional approval from the TSX Venture Exchange for its private placement financing of flow-through and non-flow-through units, for aggregate gross proceeds of up to $400,000.

The financing consists of up to 10 million flow-through units, each FT unit consisting of one flow-through common share at a price of two cents and one-half of a common share purchase warrant, each full warrant being exercisable at five cents for three years from the date of issue, and up to 10 million non-flow-through units, each NFT unit consisting of one flow-through common share at a price of two cents and one common share purchase warrant, each warrant being exercisable at five cents for three years from the date of issue.

The company has closed a first tranche of the financing, issuing three million flow-through units for aggregate gross proceeds of $60,000. The company anticipates the balance of the financing closing on or before June 30, 2025.

In connection with the private placement, the company may pay finders' fees in cash or securities, or a combination of both, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the private placement will be subject to a four-month hold period. The private placement is subject to approval by the TSX Venture Exchange.

The proceeds raised from the FT units will be used for exploration on the company's Newfoundland and Ontario properties, including target generation through prospecting on the company's Ogden project, and the company will ensure that such Canadian exploration expenses qualify as a flow-through mining expenditure for purposes of the Income Tax Act (Canada).

About Metals Creek Resources Corp.

Metals Creek 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 kilometres south of Timmins, Ont., and has an eight-kilometre strike length of the prolific Porcupine-Destor fault.

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