February 12, 2010 (FinancialWire) — Iron Creek Capital Corp. (TSX Venture: IRN) said that it has arranged a non-brokered private placement of up to three million units at $0.25 per unit, for proceeds of up to $750,000.

Each unit will consist of one common share and one warrant, each warrant entitling the holder to purchase one additional common share of the company at $0.30 exercisable for two years.

The company plans to use the proceeds of the placement for general working capital purposes.

Canada-based Iron Creek Capital is a mineral exploration company engaged in the acquisition and exploration of precious and base metals projects in Chile.

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