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Manson Creek Announces Non-Brokered Financing
Published : October 15, 2012
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Keywords :   Diamond | Gold | Market | Silver |

CALGARY, ALBERTA--(Marketwire - Oct. 15, 2012) - Manson Creek Resources Ltd. (News - Market indicators) ('Manson Creek') is pleased to announce a non-brokered private placement to raise up to $200,000. Proceeds of the financing will fund the Company's Up Town Gold project fall exploration program and be used for general working capital purposes. The Up Town Gold project exploration plans include small diameter Diamond drilling and detailed channel sampling on the high grade gold and silver zones discovered in the spring.

The private placement will consist of a combination of Common Units ("Common Units") at a price of $0.05 per Common Unit and Flow Through Units ("Flow Through Units") at a price of $0.05 per Flow Through Unit. Each Common Unit will consist of one common share and one common share purchase warrant. Each whole common share purchase warrant (a "Warrant") will entitle the holder to purchase one additional common share at a price of $0.10 per share for a period of five years following closing. Each Flow Through Unit will consist of one Flow Through common share and one half of a common share purchase warrant with each whole common share purchase warrant entitling the holder to purchase one additional common share at a price of $0.10 per share for a period of two years following closing.

The Common Units and Flow Through Units are to be offered on a non-brokered basis by way of private placement to accredited investors and any securities issued will be subject to a hold period of four months plus one day from the date of closing. This financing is subject to TSX Venture Exchange approval.

Regan Chernish, P. Geol., President and Director

Except for the historical and present factual information contained herein, the matters set forth in this news release, including words such as "expects", "projects", "plans", "anticipates" and similar expressions, are forward-looking information that represents management of Manson Creek's internal projections, expectations or beliefs concerning, among other things, future operating results and various components thereof or the economic performance of Manson Creek. The projections, estimates and beliefs contained in such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause Manson Creek's actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, those described in Manson Creek's filings with the Canadian securities authorities. Accordingly, holders of Manson Creek shares and potential investors are cautioned that events or circumstances could cause results to differ materially from those predicted. Manson Creek disclaims any responsibility to update these forward-looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release.

Manson Creek Resources Ltd.
Regan Chernish, P. Geol.
President and Director
1.403.233.0464
www.manson.ca

Manson Creek Resources Ltd.

EXPLORATION STAGE
CODE : MCK.V
ISIN : CA5644491063
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Manson Creek Res. is a silver and gold exploration company based in Canada.

Manson Creek Res. holds various exploration projects in Canada.

Its main exploration properties are VIRGIN ARM, BLACK LAKE, MERIDIAN, CR, CUPRUM and PALOMINO in Canada.

Manson Creek Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 10.0 millions as of today (US$ 7.6 millions, € 6.2 millions).

Its stock quote reached its highest recent level on July 29, 2011 at CA$ 1.80, and its lowest recent point on April 15, 2016 at CA$ 0.01.

Manson Creek Res. has 31 250 000 shares outstanding.

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Financings of Manson Creek Resources Ltd.
4/30/2014Closes Financing
11/2/2012Manson Creek Closes First Tranche in Non-Brokered Financing
11/1/2012Closes First Tranche in Non-Brokered Financing
10/15/2012Manson Creek Announces Non-Brokered Financing
10/15/2012Announces Non-Brokered Financing
5/17/2012Manson Creek Completes $106,000 Non-Brokered Financing
4/17/2012Manson Creek Announces Non-Brokered Financing
Nominations of Manson Creek Resources Ltd.
6/18/2012Manson Creek Appoints Interim Chief Financial Officer
Project news of Manson Creek Resources Ltd.
11/14/2013Provides Exploration Update
8/12/2013Closes the Option of the Up Town Gold Project, NWT
7/24/2013Commences Field Work on Grommet Property in Yukon and Approv...
11/5/2012Manson Creek Reports Exploration Underway on Up Town Gold Pr...
7/25/2012Manson Creek Identifies Large Target Beneath =?ISO-8859-1?Q?...
6/13/2012Manson Creek Reports Exploration Underway on Tell Project in...
4/30/2012Manson Creek Provides Up Town Gold Project Update
1/24/2012Manson Creek Acquires Gold Project Adjacentto 7 Million Ounc...
1/9/2012Manson Creek Secures Diamond Drill For Tell Property in Yuko...
8/22/2011Manson Creek Confirms Mineralized Gossans at the Tell Proper...
8/8/2011Manson Creek Completes Diamond Drilling On Virgin Arm Gold P...
7/25/2011Manson Creek Discovers Three New Gossans on Tell Project, Yu...
7/14/2011Manson Creek Commences Diamond Drilling on its Virgin Arm Go...
7/14/2011(Virgin Arm)Commences Diamond Drilling on its Virgin Arm Gold Project
6/27/2011(Cr)Exploration Underway on Manson Creek's Yukon Project
6/22/2011(Cr)Douglas Bryan, Manson Creek Resources Ltd. Director, Passes ...
5/25/2011Trenching Program Underway on Manson Creek's Virgin Arm Gold...
5/25/2011(Virgin Arm)Trenching Program Underway on Manson Creek's Virgin Arm Gold...
5/5/2011(Virgin Arm)Receives 2011 Exploration Permits and Secures Diamond Drill
5/4/2011Manson Creek Receives 2011 Exploration Permits and Secures D...
Corporate news of Manson Creek Resources Ltd.
7/14/2015Manson Creek Appoints Cornell McDowell as a Director and Pro...
12/22/2014December 12 2014: Manson Creek Terminates Option on Uptown G...
12/22/2014Manson Creek Terminates Option on Uptown Gold Property, NWT
9/22/2014Manson Creek Outlines Large Anomalous Silver-Zinc Intersecti...
8/20/2014Manson Creek Completes Phase 1 Drilling at the Guaman Projec...
7/23/2014Manson Creek Announces Filing of a 43-101 Report on the Guam...
7/14/2014Manson Creek Announces Results of Annual & Special Meeting a...
6/23/2014Manson Creek Completes Phase 1 Program on the Guaman Project...
4/22/2014Manson Creek Resources Ltd.: Completion of Share Consolidati...
4/15/2014Manson Creek Provides a Corporate and Technical Update
1/10/2014Announces Change of Auditor
11/26/2013President and Director Resigns from Manson Creek
3/12/2013Manson Creek Options the Up Town Gold Proj =?ISO-8859-1?Q?ec...
3/12/2013Options the Up Town Gold Project, NWT to Petro-Occidente Cap...
1/22/2013Manson Creek Extends Gold Mineralization at Up Town Gold Pro...
1/22/2013Extends Gold Mineralization at Up Town Gold Project, NWT
9/14/2012Manson Creek Provides Corporate Update
9/14/2012Provides Corporate Update
6/26/2012Manson Creek Finds Widespread High Grade Gold and Silver at ...
5/24/2012Manson Creek Announces Annual Meeting Results
4/16/2012Manson Creek Provides Corporate Update
3/30/2012Manson Creek Extends Warrants
9/7/2011Manson Creek Intersects 5=2E75 g/t Gold Over 1=2E0 Meter at ...
7/19/2011Manson Creek Expands Tell Claim Block, Yukon
7/19/2011Expands Tell Claim Block, Yukon
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