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 (the "Company") announces that due to current adverse market conditions, it has withdrawn its prospectus, dated March 30, 2012.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