December 7, 2009
METALS CREEK RESOURCES CORP. ANNOUNCES EXTENSION OF IR AGREEMENT WITH FIRST CANADIAN CAPITAL CORP. AND GRANTING OF OPTIONS
Toronto, December 7, 2009. Metals Creek Resources Corp. (the “Corporation”, TSXV: MEK) is pleased to announce that it has extended its investor relations arrangement with First Canadian Capital Corporation and has granted to them 175,000 incentive stock options. These options will have a two year term (or the earlier of 30 days following the termination of services), an exercise price of $0.17 per share, contain vesting provisions, and be subject to regulatory approval.
The Corporation also announced today the granting of 110,000 stock options to a director and a consultant of the Corporation. These options will have a term of three years, an exercise price of $0.17 per share and will be subject to vesting provisions. All stock options granted will be subject to the terms and conditions of the Corporation’s incentive stock option plan. Following these grants, the Corporation will have a total of 2,625,000 stock option grants outstanding.
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”. Metals Creek can earn a 50% interest in the Ogden Gold Property, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has a 8 km strike length of the prolific Porcupine-Destor Fault (PDF) that stretches between Timmins Ontario and Val’Dor Quebec. The Corporation is also engaged in the identification, acquisition, exploration and development of other 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts 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