American Creek R Stock Price, News & Analysis

American Creek Resources (OTCQB: ACKRF) has received overwhelming shareholder approval for its previously announced arrangement with Tudor Gold Corp. At the special meeting held on August 28, 2025, 99.47% of shareholders and 99.43% of minority shareholders voted in favor of the arrangement, with approximately 256,423,575 shares (53.98% of outstanding shares) represented.

The company has also obtained the final order from the Supreme Court of British Columbia approving the arrangement on September 2, 2025. The transaction, which will result in Tudor Gold acquiring all issued and outstanding American Creek shares, is scheduled to close on September 4, 2025, subject to satisfaction of all closing conditions.

American Creek Resources (OTCQB: ACKRF) has announced the mailing of its management information circular for an upcoming shareholder meeting on August 28, 2025. The key focus is a proposed arrangement where Tudor Gold Corp. will acquire all outstanding shares of American Creek, with shareholders receiving 0.238 Tudor shares for each American Creek share.

The company's board has unanimously recommended shareholders vote in favor of the arrangement, deeming it fair to all securityholders. The meeting will also address standard items including director elections and auditor appointments. Additionally, American Creek has received an interim court order from the Supreme Court of British Columbia authorizing the meeting proceedings.

Tudor Gold has announced the acquisition of American Creek Resources Ltd. (OTCQB: ACKRF) through a definitive arrangement agreement dated June 25, 2025. Under the terms, American Creek shareholders will receive 0.238 Tudor shares for each American Creek share, representing a 40% premium. Post-transaction, American Creek shareholders will own approximately 30% of Tudor on a non-diluted basis.

The deal will consolidate ownership of the Treaty Creek Project, with Tudor increasing its interest from 60% to 80%. The transaction, valued at approximately $1 million in cash severance payments and $1.22 million in Tudor shares, is expected to close around August 31, 2025. The deal requires approval from 66⅔% of American Creek shareholders and regulatory clearances.

American Creek Resources announced that its JV partner Tudor Gold has initiated the 2025 exploration drill program at the Treaty Creek Project in British Columbia's Golden Triangle. The Phase 1 program includes seven diamond drill holes totaling 6,000 meters at the Goldstorm Deposit, focusing on expanding the high-grade gold Supercell-One system (SC-1). Previous drilling results from SC-1 showed impressive high-grade gold intercepts, including 15.00m @ 15.64 g/t AuEQ. The program includes three phases: Phase 1 (6,000m of drilling), Phase 2 (1,600m contingent drilling), and Phase 3 (500m geotechnical drilling). The company is also finalizing permits for underground exploration drilling focused on SC-1.

Tudor Gold Corp. has announced a binding letter of intent to acquire American Creek Resources Ltd., which will increase Tudor's interest in the Treaty Creek Project from 60% to 80%. Under the agreement, American Creek shareholders will receive 0.238 Tudor shares for each American Creek share, representing a 40% premium based on spot prices. The transaction values American Creek shares at a 37% premium based on 5-day VWAP as of June 6, 2025. After completion, existing American Creek shareholders will own approximately 30% of the combined company. The Treaty Creek Project, located in northwest British Columbia, hosts the significant Goldstorm Deposit, a large gold-copper porphyry system. The transaction requires approval from American Creek shareholders and is expected to close by September 30, 2025, subject to regulatory and court approvals.

American Creek Resources (OTCQB: ACKRF) has announced two significant updates to its stock option program. The company has granted 22,810,000 new incentive options to directors, officers, and consultants, exercisable at $0.09 per share for ten years, with a four-month hold period. Additionally, the company is repricing existing options: 8,600,000 options from $0.18 to $0.09 and 5,600,000 options from $0.20 to $0.09. The repricing requires TSX Venture Exchange approval, and for 10,850,000 insider-held options, disinterested shareholder approval at the next annual meeting.

American Creek Resources (ACKRF) has successfully completed its non-brokered private placement offering, raising gross proceeds of $1.2 million. The company issued 13,333,329 units through the fully-subscribed offering. As part of the transaction, American Creek paid $27,621 in finder's fees and issued 306,900 warrants, each exercisable for one common share at $0.14 for three years. All securities issued are subject to a hold period until September 2, 2025, in compliance with TSXV policies.

American Creek Resources (TSXV: AMK) (OTCQB: ACKRF) and JV partner Tudor Gold announced improved metallurgical test results for the Goldstorm Deposit at Treaty Creek, British Columbia. The latest testing on the Lower CS-600 sub-domain showed significant improvements in metal recovery rates:

- Flotation recoveries increased to 85.8% copper, 80.2% gold, and 58.1% silver
- Achieved high-grade copper concentrate of 30.3% copper, 36.5 g/t gold and 99.8 g/t silver

This represents a notable improvement from October 2024 results, particularly in gold recovery which increased from 63.8% to 80.2%. The company achieved these improved results through additional leaching steps and optimization of the flotation process. Tudor Gold is planning to construct a three-kilometer exploration ramp to efficiently drill test the newly discovered Supercell-1 high-grade gold complex.

American Creek Resources (TSXV: AMK) (OTCQB: ACKRF) has announced a non-brokered private placement offering to raise up to $800,000 through the sale of up to 8,888,889 units at $0.09 per unit.

Each unit consists of one common share and one purchase warrant, with each warrant allowing holders to purchase an additional common share at $0.14 within 24 months of the offering's closing date. The proceeds will be used for general working capital.

The company may pay finder's fees and expects insider participation in the offering. The securities will have a four-month and one-day hold period from issuance. The offering requires TSX Venture Exchange approval and is exempt from formal valuation and minority shareholder approval requirements under MI 61-101.