Poplar Creek Resources Inc. (TSX-Venture: PCK) has announced a private placement consisting of 1,904,761 common shares of the company. The shares are being issued for $0.105 per common share to be issued on a flow through basis. The company expects to receive total gross proceeds from the offering of $200,000. The proceeds are planned to be used to fund a portion of its working capital requirements.
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Poplar Creek Resources Inc. (Poplar Creek) is a Canada-based capital pool company. The Company is engaged in the identification and evaluation potential transactions or businesses for completion of its qualifying transaction (QT).
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