Scotch Creek Ventures Inc (SCV)

[TradingCharts]

Scotch Creek Ventures Announces Oversubscribed Private Placement and
Engagement of a Technical Advisor to Complete a 43-101 Technical Report
Vancouver, British Columbia, April 22, 2021 – Scotch Creek Ventures Inc. (the “Company”)
(CSE:SCV) (FSE:7S2) (“Scotch Creek” or the “Company”) is pleased to announce that its private
placement of 5,714,286 units announced March 12. 2021 has been oversubscribed by 851,834
units. The Company has determined to accept the oversubscriptions and will issue a total of
6,566,120 units (each a “Unit”) at $0.35 per Unit for gross proceeds of $2,298,142. The
Company is proceeding with closing of the private placement.
Scotch Creek Ventures’ CEO, Mr. David Ryan, commented “we are thrilled by the strong
investor interest that we have received throughout this financing. The company is now fully
funded to proceed with its exploration objectives on the newly acquired lithium projects in
Clayton Valley, Nevada. We believe that our two lithium projects, Highlands West and Macallan
East, are ideally located in Clayton Valley, with increasing number of companies surrounding us
announcing strong exploration results. Most recently, Noram Ventures Inc. announced lithium
grade results of 1,220 PPM. We intend to further deliver shareholder value through exploration
of our highly promising projects within the same region.”
Private Placement Details:
Each Unit consists of one common share of the Company and one share purchase warrant with
each warrant entitling the holder to purchase one additional common share for a period of 2
years from issuance at $0.50 per share. The Company has the right to accelerate the expiry of
the warrants should the Company’s shares trade above $1.00 for 10 consecutive trading days.
In the event of acceleration, the expiry date will be accelerated to a date that is 15 business
days after the Company issues a news release announcing that it has elected to exercise this
acceleration right.
In connection with the Offering, the Company will pay cash finder’s fees totaling $104,610.53 to
arm’s length party/parties to Scotch Creek, representing 7% of the gross proceeds raised from
investors introduced to the Company by the finders and will issue a total of 314,637 finder’s
warrants exercisable at $0.50 per share for a period of 12 months.
All securities issued in connection with the Offering are subject to a standard hold period of
four months and one day in accordance with applicable securities laws.
Commissioning of a 43-101 Technical Report

Scotch Creek Ventures’ is also pleased to announce the engagement of Mr. Robert Marvin as a
Technical Advisor. Mr. Marvin is a Qualified Person under National Instrument 43-101, and will
lead Scotch Creek Ventures’ efforts in preparing a 43-101 compliant Technical Report.
About Robert Marvin, P. Geo, CPG
Mr. Marvin is a third-generation geologist, and has more than 35 years of experience as
independent consultant. He has been involved in exploration and development of various
projects throughout Americas, ranging from gold, copper, uranium, zinc, and lithium. Mr.
Marvin has had a great track record of success in various projects including Bayfield Ventures
and Cypress Development Corp.
About Scotch Creek Ventures
Scotch Creek is a mineral exploration company, focused on the acquisition, exploration, and
development of lithium projects located in tier-one North American mining jurisdictions. Scotch
Creek’s mission is to become a best-in-class lithium exploration company situated in one of the
most promising lithium districts in the world, Clayton Valley, Nevada.
On behalf of the Board of Directors
“David K. Ryan”
David Ryan
Chief Executive Officer
Further information about the Company is available on our website at www.scotch-creek.com
or under our profile on SEDAR at www.sedar.com, and on the CSE website at www.thecse.com.

https://webfiles.thecse.com/sedar_filings/00045864/2104220837586530.pdf