Manson Creek Updates JADE Sample Preparation Progress and Announces Financing
MANSON CREEK RESOURCES LTD.
SUITE 800, 808-4
TH
AVENUE S.W., CALGARY, ALBERTA, T2P 3E8
PH: 403.233.0464 FAX: 403.266.2606
NEWS RELEASE: 17-9 DECEMBER 5, 2017
Trading Symbol: TSX Venture- MCK
For Further Information Contact: Jean Pierre Jutras at 1.403.233.0464
http://www.manson.ca
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
MANSON CREEK UPDATES JADE SAMPLE PREPARATION PROGRESS
AND ANNOUNCES FINANCING
Calgary, Alberta - Manson Creek Resources Ltd. (TSX.V: MCK) (“Manson”, or “the Company”) is
pleased to announce progress towards finalizing its evaluation of first pass samples from its summer
exploration work at the DJ Jade project.
Two of the Company’s executives have recently returned from the 2017 Zi Gang Cup Jade and Stone
Works Exhibition, held in Suzhou, Jiangsu province, China. While there they had an opportunity to
present an initial suite of some of the DJ Jade project’s samples and consult with some of the world’s
most recognized Jade carvers, including both Chinese and International artists. In addition, market
research was conducted to evaluate current market trends including rough and final product prices,
and some specialized tools were procured to complete sample preparation.
Manson expects to have a final range of representative sample specimens cut, polished and
photographed for dissemination within the coming weeks.
The Company also announces a non-brokered private placement of up to 1 million Units, at a price of
$0.20 per Unit. Each Unit consists of one common share and one half of a common share purchase
warrant. Each full common share purchase warrant (a “Warrant”) will entitle the holder to purchase
an additional common share at a price of $0.30 per share for a period of two years following closing.
The Units are to be offered on a non-brokered basis by way of private placement to accredited
investors and all securities issued under the offering will be subject to a hold period of four months
plus one day from the date of closing. A finder’s fee of 5% may be paid to eligible agents upon
closing. This financing is subject to TSX Venture approval.
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