VANCOUVER, March 18 /CNW/ - Iron Creek Capital Corp. (TSX-V: IRN) is pleased to announce that it has closed its previously announced non-brokered private placement of $750,000, by issuing 3.0 million units at $0.25 per unit. Each unit consists of one common share and one warrant, each warrant entitling the holder to purchase one additional common share of the Company at $0.30 exercisable for two years. The shares and warrants have a resale restriction until July 12, 2010.
The proceeds of the placement will be used for general working capital purposes.
About Iron Creek
Iron Creek Capital Corp. is a Vancouver-based mineral exploration company engaged in the acquisition and exploration of precious and base metals projects in Chile.
ON BEHALF OF THE BOARD
Michael Winn, President
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Iron Creek Capital Corp. Actual results may differ materially from those currently anticipated in such statements.
SOURCE Iron Creek Capital Corp.
For further information: For further information: Suite 830-355 Burrard Street, Vancouver, BC, Canada, V6C 2G8, T: (604) 682-1545, F: (604) 682-1514, www.ironcreekcapital.com, info(a)ironcreekcapital.com