Manson Creek Announces Closing of Last Tranche of Private Placement
MANSON CREEK RESOURCES LTD.
SUITE 800, 808 - 4
TH
AVENUE S.W., CALGARY, ALBERTA, T2P 3E8
PH: 403.233.0464 FAX: 403.266.2606 WWW.MANSON.CA
NEWS RELEASE 17-03 APRIL 17, 2017
Trading Symbol: TSX Venture- MCK
For Further Information Contact: Jean-Pierre Jutras at 1.403.233.0464
Web: http://www.manson.ca
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
MANSON CREEK ANNOUNCES CLOSING OF
LAST TRANCHE OF PRIVATE PLACEMENT
Calgary, Alberta - Manson Creek Resources Ltd. (TSX.V: MCK) (“Manson”) is pleased to announce that it
has closed the final tranche of its previously announced non-brokered private placement (the “Offering”)
consisting of 600,000 Units at a price of $0.05 per Unit to raise gross proceeds of $30,000. Each unit
consisted of one common share and one half of a common share warrant. Each full common share
purchase warrant (a “Warrant”) entitles the holder to purchase one half of an additional common share at
a price of $0.10 per share until April 17, 2019.
In connection with the final tranche of the Offering, Manson has agreed to pay finder’s fees of $1,250. All
securities issued in connection with the Offering were subject to a four month hold period from the date of
each closing.
Manson issued a total of 7,600,000 Units pursuant to this private placement for gross proceeds of
$380,000.
The net proceeds from the Offering will be used for working capital, general corporate purposes and
property exploration expenditures.
On Behalf of the Board of Directors,
“Jean-Pierre Jutras”
Jean-Pierre Jutras,
President/Director
The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.
Except for the historical and present factual information contained herein, the matters set forth in this news release, including words
such as “expects”, “projects”, “plans”, “anticipates” and similar expressions, are forward-looking information that represents
management of Manson Creek’s internal projections, expectations or beliefs concerning, among other things, future operating
results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs
contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause
Manson Creek’s actual performance and financial results in future periods to differ materially from any projections of future
performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among
other things, those described in Manson Creek’s filings with the Canadian securities authorities. Accordingly, holders of Manson
Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those
predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.