|July 23, 2020|
Blind Creek Announces Debt Settlement
|July 21, 2020|
Vancouver, Canada -- Blind Creek Resources Ltd. (the "Company") (TSX.V: BCK) announces that certain creditors have agreed to accept shares in the Company for past services provided to the Company of up to $500,000, by the issuance of a total of 10,000,000 common shares of the Company at a deemed value of $0.05 per share. This transaction is subject to the approval of the TSX Venture Exchange.
About Blind Creek Resources Ltd
Blind Creek is a Vancouver-based junior resource company focused on lead-zinc-silver project acquisition, exploration and development. The Company's flagship property is the Blende Deposit in north-central Yukon. The property is 100% owned, winter-road accessible 5,345 ha and situated 63 km northeast of Keno Hill, Yukon. The property is the largest carbonate-hosted Zn-Pb-Ag deposit in Yukon and one of the largest undeveloped Zn-Pb-Ag deposits in Western Canada. The property has had more than $9.2 M in past exploration ($5.2M by Blind Creek); including 25,195 meters of drilling in 132 drill holes.
On Behalf of the Board of Directors
Blind Creek Resources Ltd Corporate Inquiries:
"Glen Macdonald" Dale Dobson: : (604) 682-2928
Mr. Glen C. Macdonald, P. Geo Email: firstname.lastname@example.org
Neither the 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.
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