June 16, 2009
METALS CREEK RESOURCES CORP.CLOSES PRIVATE PLACEMENT
Toronto, June 16, 2009. Metals Creek Resources Corp. (the “Corporation”, TSXV: MEK) is pleased to announce that it has issued by way of private placement 793,750 units to arm’s length subscribers at a subscription price of $0.08 per unit, each unit consisting of one common share and one share purchase warrant, each warrant being exercisable for one common share at a purchase price of $0.15 for a period of 18 months from the date of issuance.
Gross proceeds from this private placement were $63,500. Arm’s length finders received warrants to acquire 79,375 common shares at an exercise price of $0.10 for a period of 18 months from the date of issuance, and cash commissions equal to $5,080.
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