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MCK Manson Creek Resources Ltd

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Share Name Share Symbol Market Type
Manson Creek Resources Ltd TSXV:MCK TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Manson Creek Resources Ltd.: Completion of Share Consolidation

22/04/2014 2:00pm

Marketwired Canada


Manson Creek Resources Ltd. ("Manson" or "the Company") (TSX VENTURE:MCK)
announces that it has received approval of the TSX Venture Exchange ("Exchange")
for the consolidation of the Company's issued and outstanding common shares on
the basis of five (5) pre-consolidation shares for one (1) post-consolidation
share (the "Consolidation"). The Company's shareholders voted 86.6% in favour of
the transaction at its last Shareholder's Meeting held on May 24, 2012. The
number of post-Consolidation shares issued and outstanding will be 16,271,891
common shares.


Effective at the opening of trading on April 23, 2014, the Company's
pre-Consolidation common shares will be delisted and the post-Consolidation
common shares will commence trading. The Company's trading symbol, MCK, will
remain unchanged.


DRS Advices representing the post-consolidation common shares of Manson will be
issued using the Effective Date on a "push-out" basis with a notice describing
the change. Share certificates representing the Manson shares shall be cancelled
on the Effective Date.


No fraction post-Consolidation common shares will be issued pursuant to the
Consolidation. All fraction shares resulting from the consolidation will be
rounded down to the nearest whole number and no cash consideration will be paid
in respect of fractional shares. The exercise price and the number of common
shares issuable under any of the Company's outstanding warrants or stock options
will be proportionately adjusted upon the Consolidation.


Once the Consolidation is completed, the Company expects to close its previously
announced non-brokered private placement of up to 8,125,000 million units within
a few days. The unit pricing is based on Post Roll Back shares. This financing
is subject to TSX Venture Exchange approval.


On Behalf of the Board of Directors,

Jean-Pierre Jutras, President/Director

The TSX Venture Exchange has neither approved nor disapproved of the contents of
this press release.


Except for the historical and present factual information contained herein, the
matters set forth in this news release, including words such as "expects",
"projects", "plans", "anticipates" and similar expressions, are forward-looking
information that represents management of Manson Creek's internal projections,
expectations or beliefs concerning, among other things, future operating results
and various components thereof or the economic performance of Manson Creek. The
projections, estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may cause
Manson Creek's actual performance and financial results in future periods to
differ materially from any projections of future performance or results
expressed or implied by such forward-looking statements. These risks and
uncertainties include, among other things, those described in Manson Creek's
filings with the Canadian securities authorities. Accordingly, holders of Manson
Creek shares and potential investors are cautioned that events or circumstances
could cause results to differ materially from those predicted. Manson Creek
disclaims any responsibility to update these forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Manson Creek Resources Ltd.
Jean-Pierre Jutras
President/Director
1.403.233.0464
1.403.266.2606 (FAX)
www.manson.ca

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