Iron Creek Capital Corp.

Iron Creek Capital Corp.

March 03, 2008 15:04 ET

Iron Creek Capital Corp. Announces Loan to Compania Minera Mena Resources (Chile) Limitada

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2008) - Iron Creek Capital Corp. (the "Corporation") (TSX VENTURE:IRN.P) announces that it plans to loan the amount of $40,000 (the "Loan") to Compania Minera Mena Resources (Chile) Limitada ("Mena Chile") in connection with the Corporation's Qualifying Transaction, whereby the Corporation will acquire (the "Acquisition") all of the issued and outstanding securities of Mena Chile, all as more particularly described in the press release of the Corporation dated September 27, 2007. The Corporation has received the approval of the TSX Venture Exchange Inc. with respect to the Loan. The Loan will be non-interest bearing and payable on demand with ten days notice by the Corporation to Mena Chile.

The Corporation has submitted materials to the Exchange regarding the Acquisition, which is the Corporation's Qualifying Transaction, and is continuing negotiations of the final documentation. The parties have agreed to extend the deadline for the closing date of the Acquisition to March 20, 2008.

The Exchange has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor disapproved the contents of this news release.

Contact Information

  • Iron Creek Capital Corp.
    Richard Graham
    (604) 689-1428