Williams Creek Release From Escrow Regarding Closing of Private Placement and Changes to the Management Team and Board of Direct
April 22 2010 - 6:02PM
Marketwired
Williams Creek Explorations Limited (TSX VENTURE: WCX) (the
"Company" or "WCX") announced on March 24, 2010 that it had closed,
in escrow, the previously announced private placement of 50 million
common shares (the "Shares") at a price of $0.05 per share (the
"Placement") for total proceeds of $2.5 million. It also announced
changes to the Company's management team and board of directors.
On April 5, 2010 the TSX Venture Exchange issued a bulletin that
is accepted for filing documentation with respect to the Placement
and accordingly the conditions of the Escrow have been completed
and the Closing is completed. The Shares issued under the Placement
are subject to hold periods under Canadian securities law and
regulation and the requirements of the TSX Venture Exchange which
expire July 25, 2010.
The TSX Venture Exchange has not reviewed nor accepted
responsibility for the adequacy or accuracy of this news release
which has been prepared by management.
Contacts: Williams Creek Explorations Limited Michael R.
Sonnenreich 514.393.3232 Williams Creek Explorations Limited Dov
Zigler 514.393.3232