April 28, 2009

METALS CREEK RESOURCES CORP.CLOSES THIRD TRANCHE OF ITS PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT WITH MINERALFIELDS GROUP

Toronto, April 28, 2009. Metals Creek Resources Corp. (the “Corporation”, TSXV: MEK) is pleased to announce that is has closed the third tranche of its private placement previously first announced on February 20, 2009 (the “Offering”).  The Corporation issued today 3,181,818 flow-through units at a subscription price of $0.11 per unit, each unit consisting of one flow-through common share and one half of one share purchase warrant, each whole warrant being exercisable for one common share at a purchase price of $0.20 for a period of 18 months from the date of issuance.  Gross proceeds from the closing of this third tranche were $350,000.  The Corporation intends to close the final tranche of the Offering within the next three weeks, market conditions permitting. 

In connection with the private placement, the Corporation paid a finder’s fee to Limited Market Dealer Inc. in the amount of $17,500, being 5% of gross proceeds.  The Corporation also issued 318,182 broker options to Limited Market Dealer Inc., each option entitling the holder to acquire, at an exercise price of $0.11 for a period of 18 months following the closing date, one common share. 

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities®, a division of Limited Market Dealer Inc., is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of MineralFields Group.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol “MEK”. The Corporation is engaged in the identification, acquisition, exploration and development of mineral resource properties, and presently has mining interests in Ontario and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under the company’s profile at www.sedar.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information, please contact:
Alexander (Sandy) Stares, President and CEO
Telephone: (709)-256-6060
Fax: (709)-256-6061
Email: astares@metalscreek.com