Williams Creek Gold Limited (TSX VENTURE:WCX) is pleased to announce that it has increased its position in Tyhee Gold Corporation (TSX VENTURE:TDC) ("Tyhee"), an advanced stage gold mine development company, to 8.19% from 5.28%. Williams Creek acquired an additional 11,111,111 shares to increase its holdings to 26,611,111 shares from 15,500,000 shares. The investment totaled $1,000,000 ($0.09 per share).
"We are very pleased with this latest investment which follows our strategy of taking meaningful positions in grassroots through advanced development companies that show great promise. We will continue to do so while exploring and developing our own in-house projects," stated Michael Sonnenreich, Chairman and CEO of the Company.
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