- Metals Creek Resources Corp. (TSXV: MEK) announces a non-brokered private placement to raise up to $200,000.
- The offering includes 10,000,000 common share units at $0.02 per unit, each with a warrant exercisable at $0.05.
- The financing is set to close by May 29, 2025, subject to TSX Venture Exchange approval.
Metals Creek Resources Corp. (TSXV: MEK) has announced a non-brokered private placement financing aimed at raising up to $200,000. The company plans to issue up to 10,000,000 common share units priced at $0.02 per unit. Each unit will comprise one common share and one warrant, with the warrants exercisable at $0.05 per share for a period of 36 months from the date of issuance.
The expected closing date for the financing is on or before May 29, 2025, pending approval from the TSX Venture Exchange. The proceeds from this financing will be utilized for general working capital purposes. Additionally, the company may compensate finders with fees in cash or securities, and all issued securities will be subject to a four-month hold period.
Metals Creek Resources Corp., a junior exploration company, has a 50% interest in the Ogden Gold Property near Timmins, Ontario, and is listed on the TSX Venture Exchange under the symbol "MEK". The company recently completed a diamond drilling program at the Tillex Copper Project and holds several projects available for option, offering further opportunities to interested parties.
