Blind Creek – Applies to Reprice Warrants and Grants Options
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
BLINDCREEKRESOURCES.com
BCK : TSX.V
BLIND CREEK – APPLIES TO REPRICE WARRANTS AND GRANTS OPTIONS
May 19, 2020 - Vancouver, BC – Blind Creek Resources Ltd. (the “Company”) (TSXV: BCK) proposes to
reprice 2,121,167 warrants which had an original exercise price of $0.35 to $0.05. The warrant expiry date of
December 31, 2021 will not change but the warrants will be subject to an acceleration expiry clause w hereby if
the Company stock closes at $0.065 or higher for any 10 consecutive trading days , the Company will issue a
news release statin g the exercise period of the warrants is reduced to 30 days . The warrants were originally
issued pursuant to a non- brokered private placement of units completed by the Company in three tranches on
July 1 1, 2017, September 20, 2017 and October 19, 2017. The repricing of the warrants is subject to the
approval of the TSX Venture Exchange.
The Company also announces it has granted 1,000,000 stock options with an exercise price of $0.05 to
directors, officers, employees and consultants for a period of three years from the date of the grant.
About Blind Creek Resources Ltd
Blind Creek is a Vancouver -based junior resource company focused on lead- zinc-silver project acquisition, exploration
and development. The Company's flagship property is the Blende Deposi t in north- central Yukon. The property is 100%
owned, winter-road accessible 5,345 ha and situated 63 km northeast of Keno Hill, Yukon. The property is the largest
carbonate-hosted Zn-Pb-Ag deposit in Yukon and one of the largest undeveloped Zn- Pb-Ag deposits in Western Canada.
The property has had more than $9.2 M in past exploration ($5.2M by Blind Creek); including 25,195 meters of drilling in
132 drill holes.
On Behalf of the Board of Directors
CONTACT INFORMATION
Blind Creek Resources Ltd Corporate Inquiries:
"Glen Macdonald" Dale Dobson: : (604) 682-2928
Mr. Glen C. Macdonald, P. Geo Email: [email protected]
Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the polic ies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.