Clear Creek Resources Ltd.

Clear Creek Resources Ltd.

June 26, 2012 01:06 ET

Clear Creek Withdraws Prospectus and Waits for Market Conditions to Improve

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2012) - Clear Creek Resources Ltd. (the "Company") announces that due to current adverse market conditions, it has withdrawn its prospectus, dated March 30, 2012.

Access to new capital for resource exploration companies has become extremely difficult and peer valuations and market liquidity in this sector have significantly deteriorated. There is no assurance the Company will secure the additional required capital to fund its continuing operations, however, we will explore all possible options to prepare for an offering of our securities when market conditions improve.

ON BEHALF OF THE BOARD OF DIRECTORS

Bernie Kennedy, President and Chief Executive Officer

Contact Information

  • Clear Creek Resources Ltd.
    Bernie Kennedy
    President and Chief Executive Officer
    205.489.4440 or Toll Free: 877.489.4440
    250.426.6899 (FAX)
    www.clearcreekresources.com