Mr. Alexander Stares reports
METALS CREEK RESOURCES CORP. ANNOUNCES FLOW-THROUGH PRIVATE PLACEMENT FINANCING
Subject to approval by the TSX Venture Exchange, Metals Creek Resources Corp. intends to complete a non-brokered flow-through private placement financing for proceeds of up to $200,000.
The company intends to issue up to five million flow-through units at a price of four cents per unit for aggregate proceeds of up to $200,000. Each FT unit consists of one flow-through common share and one-half of a non-flow-through common share purchase warrant, each whole FT warrant entitling the holder to purchase one additional non-flow-through common share of the company at an exercise price of six cents per common share for a period of 24 months from the date of issue. The FT shares will entitle the holder to receive the tax benefits applicable to flow-through shares in accordance with provisions of the Income Tax Act (Canada).
In connection with the financing, the company may pay finders' fees in cash or securities or a combination of both, as permitted by exchange policies. All securities issued pursuant to the financing will be subject to a four-month hold period.
About Metals Creek Resources Corp.
Metals Creek is a junior exploration company incorporated under the laws of the Province of British Columbia, 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 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.
© 2026 Canjex Publishing Ltd. All rights reserved.