Blind Creek Resources Ltd. Extends Private Placement And Closes Second Tranche
Blind Creek Resources Ltd. Extends Private Placement And Closes Second
Tranche
VANCOUVER, Sept. 21, 2017 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. ("Blind Creek" or
the "Company") is pleased to announce that it has closed a second tranche of its private placement
previously announced on July 5, 2017 and extended o n August 15, 2017.
The Company has raised $414,000 through the issuanc e of 2,070,000 units ("Units") at a price of $0.20
per Unit. Each Unit is comprised of one common sha re and one-half of one share purchase warrant (a
"Warrant"). Each whole Warrant is exercisable to purchase one common share of the Company at a price
of $0.35 per share for a period of one year expiring September 20, 2018. All securities are subject to a
four month hold period expiring January 21, 2018. The Company paid $6,000 in cash commissions. This
is in addition to $268,467 raised through the issuance of 1,342,335 units previously announced by the
Company in a first tranche closing (see July 12, 2017 news release).
The Company also announces that further to its news releases dated July 5th and July 12, 2017, the TSX
Venture Exchange has granted an extension to the de adline for filing final documentation for this private
placement to October 20, 2017. The proceeds from th is financing will be used primarily to provide for
costs associated with advancing the Blende (Zn-Pb-A g), AB (Zn-Pb) and Engineer Gold Mine (Au-Ag)
Properties, and for general working capital.
About Blind Creek Resources Ltd.
Blind Creek is a Vancouver-based junior resource company focused on lead-zinc-silver and gold-silver
project acquisition, exploration and development in Yukon (Blende Property), Northwest Territories (AB
Property) and British Columbia (Engineer Gold Mine). The Company's flagship property is the Blende
Property in north-central Yukon, one of the largest undeveloped zinc-lead-silver deposits in Western
Canada. More recently the company has signed an ag reement to acquire a 100% interest in the AB
Property (MV-Type Zinc-Lead) in the Northwest Terri tories and purchased the historic and fully-permitt ed
Engineer Gold Mine, situated 32 km southwest of Atlin, B.C.
For additional information please visit the company website www.blindcreekresources.com .
On behalf of the Board of Directors,
Mr. Brian P. Fowler, P.Geo.
President
Tel: (604) 617-8191
Neither TSX Venture Exchange nor its Regulation Ser vices Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This news release contains certain forward looking statements which involve known and unknown risks,
delays, and uncertainties not under the control of Blind Creek Resources Ltd. which may cause actual
results, performance or achievements of Blind Creek Resources Ltd to be materially different from the
results, performance or expectation implied by these forward looking statements. By their nature, forw ard
looking statements involve risk and uncertainties because they relate to events and depend on factors
that will or may occur in the future. Actual results may vary depending upon exploration activities, i ndustry
production, commodity demand and pricing, currency exchange rates, and, but not limited to, general
economic factors. 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 accura cy
of this release.
SOURCE Blind Creek Resources Ltd.
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CO: Blind Creek Resources Ltd.
CNW 07:00e 21-SEP-17