Metals Creek Resources Corp. Announces Non-Brokered Private Placement

Core Viewpoint - Metals Creek Resources Corp. is planning a non-brokered private placement to raise funds for exploration activities, with a target closing date of November 20, 2025 [1]. Group 1: Private Placement Details - The company intends to issue up to 12,500,000 flow-through units at a price of $0.04 per unit, aiming for total proceeds of up to $500,000 [2]. - Each flow-through unit will consist of one flow-through common share and one-half of a non-flow through common share purchase warrant, with the whole warrant allowing the purchase of one additional common share at an exercise price of $0.06 for 24 months [2]. - Additionally, the company plans to issue up to 14,285,714 non-flow through units at a price of $0.035 per unit, also targeting total proceeds of up to $500,000 [3]. - Each non-flow through unit will consist of one non-flow through common share and one non-flow through common share purchase warrant, with the warrant allowing the purchase of one additional common share at an exercise price of $0.06 for 60 months [3]. Group 2: Use of Proceeds - Proceeds from the flow-through units will be allocated for exploration on the company's properties in Newfoundland and Ontario, including the Ogden Gold Project, ensuring that these expenses qualify as "flow-through mining expenditures" under the Income Tax Act (Canada) [5]. Group 3: Company Overview - Metals Creek Resources Corp. is a junior exploration company incorporated in British Columbia, listed on the TSX Venture Exchange under the symbol "MEK" [6]. - The company has a 50% interest in the Ogden Gold Property, which includes the past-producing Naybob Gold mine, located near Timmins, Ontario [7].