Announcement • Apr 03
Metals Creek Resources Corp. announced that it expects to receive CAD 0.35 million in funding Metals Creek Resources Corp. has announced a non-brokered private placement to issue up to 7,500,000 flow-through units at a price of CAD 0.035 per unit for aggregate proceeds of up to CAD 262,500. non-flow through and to issue up to 2,500,000 non-flow through units at a price of CAD 0.035 per unit for aggregate proceeds of up to CAD 87,500 for total aggregates of CAD 3,50,000 on April 2, 2026. Each FT Unit will consist of one flow-through common share and one-half of a non-flow through common share purchase warrant. Each whole FT Warrant will entitle the holder to purchase one additional non-flow through common share of the Company at an exercise price of CAD 0.06 per common share for a period of 36 months from the date of issue. Each NFT Unit will consist of one non-flow through common share and one non-flow through common share purchase warrant. Each non-flow through Warrant will entitle the holder to purchase one additional non-flow through common share of the Company at an exercise price of $0.06 per common share for a period of 36 months from the date of issue. In connection with the private placement, the Company may pay finders' fees in cash or securities or a combination of both, as permitted by the policies of the TSX Venture Exchange. All securities issued pursuant to the Private Placement will be subject to a four-month hold period. The Private Placement is subject to approval by the TSX Venture Exchange.
On the same day amended the terms a non-brokered private placement to issue up to 14,285,714 flow-through units at a price of CAD 0.035 per unit for aggregate proceeds of up to CAD 500,000. non-flow through and to issue up to 16,666,667 non-flow through units at a price of CAD 0.03 per unit for aggregate proceeds of up to CAD 500,000 for total aggregates of CAD 10,00,000. New Risk • Apr 02
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$6.48m market cap, or US$4.66m). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Announcement • Feb 11
Aruma Resources Limited (ASX:AAJ) completed the acquisition of 85% stake in Tillex Copper-Silver Project from Metals Creek Resources Corp. (TSXV:MEK). Aruma Resources Limited (ASX:AAJ) executed a binding heads of agreement to acquire 85% stake in Tillex Copper-Silver Project from Metals Creek Resources Corp. (TSXV:MEK) for CAD 1.8 million on January 22, 2026. A cash consideration of CAD 0.1 million will be paid by Aruma Resources Limited. The consideration consists of common equity of Aruma Resources Limited having a value of CAD 0.13 million to be issued for assets of Tillex Copper-Silver Project. Aruma Resources Limited will pay an earnout/contingent payment of CAD 0.53 million cash and of CAD 1.07 million common equity. As part of consideration, CAD 1.82 million is paid towards assets of Tillex Copper-Silver Project.
Aruma Resources Limited (ASX:AAJ) completed the acquisition of 85% stake in Tillex Copper-Silver Project from Metals Creek Resources Corp. (TSXV:MEK) on February 11, 2026.