Blind Creek Applies to Extend Warrants
BLIND CREEK RESOURCES LTD. (BCK: TSX-V) Suite 804 - 750 West Pender Street Vancouver, B.C. V6C 2T7 Telephone: 604-682-2928 www.blindcreekresources.com
Blind Creek Applies to Extend Warrants
June 29, 2018
Vancouver, BC – Blind Creek Resources Ltd. (the “Company”) (TSXV: BCK) proposes to extend the term of an aggregate of 2,121,167 outstanding share purchase warrants which were to expire on July 11, 2018 (as to 671,167), September 20, 2018 (as to 1,035,000) and October 19, 2018 (as to 415,000).
The new expiration date of all 2,121,167 warrants will now be December 31, 2021.
The warrants were issued pursuant to a non-brokered private placement of units completed by the Company in three tranches on July 12, 2017, September 21, 2017 and October 20, 2017 with an original term of one year. The exercise price of the warrants will remain at $0.35 per share. The extension of the warrants is subject to the acceptance of the TSX Venture Exchange.
The Company also wishes to announce that it has granted incentive stock options to officers and directors entitling them to purchase up to 800,000 common shares for two years at a price of $0.15.
On Behalf of the Board of Directors of Blind Creek Resources Ltd.
“Thomas Kennedy”
Thomas Kennedy, Chief Executive Officer
Nelson Da Silva – Manager Corporate Communications (604) 722-0041
This press release contains “forward-looking information” within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, included herein, including statements regarding the proposed share consolidation and seeking shareholder approval therefor, the proposed shares for debt settlement transactions and approval for the creation of a new control person, are forward-looking information. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions or are those which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, there can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. The Company cautions investors that any forward-looking information disclosed by the Company is not a guarantee of future performance, and that actual results may differ materially from those in forward- looking information. Accordingly, readers should not place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
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.