Metals Creek Resources Corp. Announces Flow-Through Private Placement Financing
TMX Newsfile·2025-12-17 21:58

Core Viewpoint - Metals Creek Resources Corp. plans to conduct a non-brokered flow-through private placement financing to raise up to $200,000, subject to approval by the TSX Venture Exchange [1]. Group 1: Financing Details - The company intends to issue up to 5,000,000 flow-through units at a price of $0.04 per unit, aiming for total proceeds of up to $200,000 [2]. - Each flow-through unit consists 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]. - The flow-through shares will provide tax benefits as per the Income Tax Act (Canada) [2]. Group 2: Finder's Fees and Securities - In connection with the financing, the company may pay finders' fees in cash, securities, or a combination of both, in accordance with Exchange policies [3]. - All securities issued will be subject to a four-month hold period [3]. 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" [4]. - The company holds a 50% interest in the Ogden Gold Property, which includes the former Naybob Gold mine, located 6 km south of Timmins, Ontario [4]. - Metals Creek has an 8 km strike length of the prolific Porcupine-Destor Fault [4].

Metals Creek Resources Corp. Announces Flow-Through Private Placement Financing - Reportify