13:23:14 EDT Fri 18 Apr 2025
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Scotch Creek Ventures Inc (2)
Symbol SCV
Shares Issued 11,857,091
Close 2025-03-14 C$ 0.05
Market Cap C$ 592,855
Recent Sedar Documents

Scotch Creek closes $66,800 final tranche of placement

2025-03-14 16:36 ET - News Release

Mr. David Ryan reports

SCOTCH CREEK VENTURES CLOSES SECOND AND FINAL TRANCHE OF PRIVATE PLACEMENT

Scotch Creek Ventures Inc. has closed a second and final tranche of its private placement financing announced Feb. 6, 2025, by issuing 1.67 million units at four cents per unit for gross proceeds of $66,800.

The second and final tranche is part of a total private placement of up to six million units for gross proceeds of $240,000.

Each unit consists of one common share of the company and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share for a period of 18 months from the date of the issue at an exercise price of 7.5 cents per share.

The proceeds of the offering will be used to retire corporate indebtedness and for working capital purposes.

About Scotch Creek Ventures Inc.

Scotch Creek is a mineral exploration company, focused on the acquisition, exploration and development of lithium projects located in Tier 1 North American mining jurisdictions. Scotch Creek's mission is to become a best-in-class lithium exploration company situated in one of the most promising lithium districts in the world, Clayton Valley, Nevada.

We seek Safe Harbor.

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