Metals Creek Files for Final Approval, Closes Second Tranche of Private Placement Financing

Core Viewpoint - Metals Creek Resources Corp. has filed for final approval of its private placement financing and has successfully closed the second tranche of this financing, raising a total of $663,500 through the issuance of flow-through and non-flow-through units [1][2][3]. Financing Details - The second tranche involved the issuance of 1,400,000 flow-through units at $0.04 each, contributing to a total of 10,025,000 flow-through units and 7,500,000 non-flow-through units across both tranches [2]. - Each flow-through unit consists of one common share and half a common share purchase warrant, with full warrants exercisable at $0.06 for two years [2]. - The non-flow-through units consist of one common share and one common share purchase warrant, with warrants exercisable at $0.06 for five years [2]. Use of Proceeds - Proceeds from the financing will be allocated for exploration activities on the company's properties in Newfoundland and Ontario, specifically targeting the Ogden project [4]. Company Background - Metals Creek Resources Corp. is a junior exploration company based in British Columbia, with its shares traded on the TSX Venture Exchange under the symbol "MEK" [5]. - The company holds a 50% interest in the Ogden Gold Property, which includes the former Naybob Gold mine, located south of Timmins, Ontario [5].