MONTREAL, QUEBEC -- (Marketwire) -- 12/18/12 -- Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(FRANKFURT: C3X) announces that its Board of directors has approved a non-brokered private placement of 4,000,000 "flow-through" units (each, a "FT Unit") and 9,000,000 units (each, a "Unit"), both FT Unit and Unit to be issued at a price of $0.05 for aggregate gross proceeds of $650,000 (the
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