/NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE
VANCOUVER, June 30 /CNW/ - Pebble Creek Mining Ltd. (the "Company" or
"Pebble Creek") announces a non-brokered private placement ("Private
Placement") of up to 15,000,000 units ("Units") at a price of $0.07 per Unit
for gross proceeds of up to $1,050,000. Each Unit will consist of one common
share of the Company and one-half of one common share purchase warrant
("Warrant"). Each whole Warrant will entitle the holder to purchase one common
share of the Company at a price of $0.15 for a period of two years from the
issue date of the Warrant. Certain directors and officers of the Company may
participate in the Private Placement.
The Private Placement is subject to the TSX Venture Exchange's approval.
The net proceeds from the Private Placement will be used for exploration
and development of the Company's projects and for working capital.
The securities described herein have not been and will not be registered
under the U.S. Securities Act of 1933, as amended ("1933 Act") or any state
securities laws, and may not be offered or sold in the United States unless
registered under the 1933 Act or unless an exemption from registration is
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Andrew Nevin, President & CEO, Telephone: (604)
250-1795; Mike Romanik, Investor Relations, Verenex Capital Corp., Telephone: