/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
VANCOUVER, May 29, 2018 /CNW/ - (TSX.V:BCK) –
Blind Creek Resources Ltd. ("Blind Creek" or the
"Company"), further to its press release of May 28, 2018 (the "Prior Press Release"),
wishes to confirm that the effective date for the plan of
arrangement (the "Plan of Arrangement") with Engineer Gold
Mines Ltd. ("Engineer Gold Mines") will occur June 1, 2018 (the "Effective Date").
Shareholders of record of Blind Creek as of the close of trading on
the Effective Date will retain their Blind Creek common shares and
be entitled to receive one Engineer Gold Mines common share for
each two Blind Creek common shares held on that day. For more
information, see the Company's Information Circular dated
April 18, 2018 filed under the
Company's profile on SEDAR at www.SEDAR.com.
For settlement reasons, Blind Creek common shares purchased on
or after May 31, 2018 (the
"Ex-Date") – AND NOT MAY 30,
2018 AS ANNOUNCED IN THE PRIOR PRESS RELEASE – will not
be eligible to participate in the distribution of Engineer Gold
Mines common shares pursuant to the Plan of Arrangement.
Computershare Investor Services Inc. will forward to each Blind
Creek shareholder who is entitled to receive Engineer Gold Mines
common shares, certificates representing their allotted number of
such shares in accordance with the Arrangement. Shareholders
should not deliver certificates for Blind Creek common shares as
certificates representing Blind Creek common shares are not being
exchanged pursuant to the Arrangement.
About Engineer Gold Mines Ltd.
Engineer Gold Mines is a wholly owned subsidiary of Blind Creek
which was incorporated on January 16,
2018 to enter into the Arrangement Agreement with Blind
Creek. Following completion of the Arrangement, Engineer Gold Mines
will focus on the Engineer Gold Mine project situated 32 km
southwest of Atlin, B.C in
northern British Columbia.
About Blind Creek Resources Ltd.
Blind Creek is a Vancouver-based junior resource company
focused on lead-zinc-silver and gold-silver project acquisition,
exploration and development in Yukon (Blende Property), Northwest Territories (AB Property) and
British Columbia (Engineer Gold
Mine). The Company's flagship property is the Blende Property in
north-central Yukon. More recently the company has signed an
agreement to acquire a 100% interest in the AB Property (MV-Type
Zinc-Lead) in the Northwest Territories.
For additional information please visit the company website
www.blindcreekresources.com.
On behalf of the Board of
Directors,
Mr. Brian P. Fowler,
P.Geo.
President
bfowler@blindcreekresources.com
Cautionary Note Regarding Forward-Looking Statements
Certain statements made and information contained herein in the
press release constitutes "forward-looking information" and
"forward-looking statements" within the meaning of applicable
securities legislation (collectively, "forward-looking
information"). The forward-looking information contained in this
press release is based on information available to the Company as
of the date of this press release. Except as required under
applicable securities legislation, the Company does not intend, and
does not assume any obligation, to update this forward looking
information. Generally, this forward-looking information can
frequently, but not always, be identified by use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes",
or variations of such words and phrases or statements that certain
actions, events, conditions or results "will", "may", "could",
"would", "might" or "will be taken", "occur" or "be achieved" or
the negative connotations thereof.
All statements other than statements of historical fact may be
forward-looking statements. Forward-looking information is
necessarily based on estimates and assumptions that are inherently
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance
or achievements of the Company to be materially different from
those expressed or implied by such forward-looking information,
including but not limited to: risks and uncertainties relating to,
among other things, the risk of the Company; the risk of unexpected
tax consequences to the Arrangement, the risk of unanticipated
material expenditures required by the Company prior to completion
of the Arrangement; risks of the market valuing Blind Creek and
Engineer in a manner not anticipated by the Company; risks relating
to the benefits of the Arrangement not being realized or as
anticipated, the inherent uncertainties regarding cost estimates,
changes in commodity prices, currency fluctuation, financing,
unanticipated resource grades, infrastructure, results of
exploration activities, cost overruns, availability of materials
and equipment, timeliness of government approvals, taxation,
political risk and related economic risk and unanticipated
environmental impact on operations, as well as other risks
uncertainties and other factors, which may cause the actual
results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied
by such forward-looking information.
The Company believes that the expectations reflected in the
forward-looking statements and information included in this press
release are reasonable but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements and information should not be unduly relied upon.
The TSXVE has in no way passed upon the merits of the
proposed transaction and has neither approved nor disapproved the
contents of this press release.
Neither the TSXVE nor its Regulation Services Provider (as
that term is defined in the policies of the TSXVE) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Blind Creek Resources Ltd.
