VANCOUVER, Dec. 15 /CNW/ - Emerick Resources Corp. (TSX-V: ERC) advises that its proposed private placement announced on December 2, 2009 will not be proceeding as the TSX Venture Exchange did not approve the financing terms.
Management will seek other methods of obtaining sufficient cash to allow the Company to meet its ongoing obligations.
ON BEHALF OF THE BOARD
Simon Ridgway, Chairman
Shares Issued: 11.4-million
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release
SOURCE Emerick Resources Corp.
For further information: For further information: Investor relations: Erin Ostrom, tel: (604) 801-5432