New Issue: Iron Creek pockets C$1.72 million in private placement of units

By Devika Patel

Knoxville, Tenn., April 7 - Iron Creek Capital Corp. said it completed a C$1.72 million private placement of units. The deal priced for C$1.59 million on Sept. 27.

The company sold 6.5 million units, increased from 6 million units, at C$0.265 apiece. Each unit will consist of one common share and one transferable warrant. Each whole warrant is exercisable at C$0.50 for two years.

Iron Creek is a Vancouver, B.C.-based capital pool company.

Issuer:	Iron Creek Capital Corp.
Issue:	Units of one common share and one transferable warrant
Amount:	C$1,722,500
Units:	6.5 million
Price:	C$0.265
Warrants:	One warrant per unit
Warrant strike price:	C$0.50
Warrant expiration:	Two years
Pricing date:	Sept. 27
Settlement date:	April 7
Stock symbol:	TSX Venture: IRN.P
Stock price:	C$0.35 at close Sept. 26

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