Revelo Resources Corp. (formerly Iron Creek Capital)
TSX VENTURE : RVL

Revelo Resources Corp. (formerly Iron Creek Capital)

December 17, 2014 04:52 ET

Revelo Resources Corp. to Commence Trading on the TSX Venture Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2014) - Revelo Resources Corp. ("Revelo" or the "Company") (TSX VENTURE:RVL) - formerly Iron Creek Capital Corp. - is pleased to announce that its common shares have commenced trading on the TSX Venture Exchange (the "TSX-V") today, December 17, 2014, under the trading ticker symbol "RVL".

Revelo was formed on December 16, 2014 upon completion of the plan of arrangement (the "Arrangement") involving Iron Creek Capital Corp. ("Iron Creek"), 9057404 Canada Inc. ("Acquireco"), a wholly-owned subsidiary of Iron Creek, and Polar Star Mining Corporation ("Polar Star").

Pursuant to the Arrangement, Iron Creek acquired all of the issued and outstanding common shares of Polar Star ("Polar Star Shares"), Polar Star amalgamated with Acquireco to continue as a wholly-owned subsidiary of Iron Creek, and Polar Star shareholders received 0.26 common shares of Iron Creek (the "Iron Creek Shares") for each Polar Star Share (the "Share Exchange Ratio"). Additionally, outstanding options to purchase Polar Star Shares were converted into options to purchase Iron Creek Shares, with appropriate adjustments to reflect the Share Exchange Ratio, and outstanding warrants to purchase Polar Star Shares, when exercised, will be exchanged into the number of Iron Creek Shares in lieu of each Polar Star Share to which such holder was theretofore entitled, with appropriate adjustments to reflect the Share Exchange Ratio.

In connection with the Arrangement, Polar Star Shares were de-listed from the Toronto Stock Exchange (the "TSX"), and applications was made for Polar Star to cease to be a reporting issuer in the applicable jurisdictions. Following the Arrangement, Iron Creek changed its name to Revelo Resources Corp., and Revelo will continue to list on the TSX-V under a new ticker symbol "RVL".

Further information regarding the Arrangement and the transactions related thereto is available under the profiles of Polar Star, Iron Creek and Revelo on SEDAR at www.sedar.com or on the Revelo website at www.reveloresources.com.

ABOUT REVELO

Revelo is building a sustainable exploration business focused on securing prospective land along the prolific mineral belts of northern Chile. Revelo is implementing effective exploration and capital management strategies to grow, advance and de-risk its portfolio to provide shareholders with multiple opportunities for exploration success.

Revelo is a Canadian company formed from the merger of Iron Creek Capital Corp. and Polar Star Mining Corporation. Revelo controls approximately 300,000 Ha of 100% owned exploration tenement along proven mineral belts in northern Chile. The portfolio is comprised of 16 high-quality exploration projects prospective for copper, gold and silver including 5 projects already under option/JV agreements with Kinross Gold (Las Pampas Project), Newmont Mining (Montezuma Project), and BHP Billiton (Blocks 2, 3 & 4 Projects). In addition, Revelo retains one royalty interest in the Victoria Project, an important copper-gold-silver exploration project in northern Chile.

Revelo is listed on the TSX Venture Exchange (TSX VENTURE:RVL). For more information please visit Revelo's website at www.reveloresources.com.

ON BEHALF OF THE BOARD

Timothy J. Beale, President & CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

FORWARD-LOOKING STATEMENT

This news release contains certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that Revelo expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "indicate" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Revelo believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Such forward-looking information includes statements regarding the ability of Revelo to execute the terms of the definitive agreement, and the anticipated components and benefits of the Arrangement.

Factors that could cause the actual results to differ materially from those in forward-looking statements include the risk that Revelo will be unable to realize on the anticipated benefits of the Arrangement. Revelo also faces continuing risk in their ongoing operations and risks posed by general economic, market or business conditions. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Revelo's management on the date the statements are made. Revelo undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.

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