VANCOUVER, Dec. 24 /CNW/ - Happy Creek Minerals Ltd. (TSX-V: HPY) (the
"Company") announces that it has revised the terms for a non brokered private
placement previously announced December 20th 2007. The revised private
placement will consist of up to 750,000 units having gross proceeds of up to
$300,000. The private placement is subject to acceptance by the TSX-Venture
The Company will issue up to 750,000 flow-through units at a price of
$0.40 per unit. Each flow-through unit will be comprised of one flow-through
common share and one half of one share purchase warrant. Each whole warrant
will entitle the holder to purchase one non flow-through common share of the
Company at a price of $0.50 for a period of 12 months from closing.
Total proceeds of the flow through private placement will be allocated to
exploration of the Company's B.C. properties.
On behalf of the Board of Directors,
"David E Blann"
David E Blann, P.Eng.
This News Release has neither been approved nor disapproved by the
TSX-Venture Exchange. The TSX-Venture Exchange does not accept responsibility
for the accuracy or adequacy of the contents of this News Release. This News
Release may contain statements that are forward looking and subject to risk
and uncertainty more fully described in the Company's Prospectus and Public
Filings located on SEDAR.
For further information:
For further information: Office phone: (604) 662-8310, Toll Free Phone:
1-877-662-8310, www.happycreekminerals.com, Info@happycreekminerals.com