Welcome to our dedicated page for American Creek R news (Ticker: ACKRF), a resource for investors and traders seeking the latest updates and insights on American Creek R stock.
American Creek Resources Ltd. (OTCQB: ACKRF) generated news typical of a Canadian junior mineral exploration company focused on gold ore mining. Its disclosures centered on exploration partnerships, project-level developments, corporate transactions, and financing activities related to its gold and silver properties in British Columbia.
A major theme in American Creek’s recent news has been its relationship with Tudor Gold Corp. at the Treaty Creek Project in British Columbia’s Golden Triangle. Releases highlighted American Creek’s fully carried 20% interest in Treaty Creek, where Tudor Gold acts as operator and holds a larger stake. News items described drilling programs at the Goldstorm Deposit, metallurgical test work, and technical updates provided by Tudor Gold, with American Creek reporting these developments as a joint venture partner.
Another key news focus has been the corporate transaction through which Tudor Gold agreed to acquire all of the issued and outstanding securities of American Creek. The company announced a binding letter of intent, followed by a definitive arrangement agreement, shareholder and court approvals, and ultimately the closing of a statutory plan of arrangement under the Business Corporations Act (British Columbia). These releases detailed the agreed exchange ratio, voting results at American Creek’s shareholder meeting, and the expectation that American Creek’s shares would be delisted and that it would cease to be a reporting issuer.
American Creek’s news flow also included announcements of non-brokered private placements, option grants and repricing under its stock option plan, and descriptions of its additional Austruck-Bonanza gold property near Kamloops. For readers tracking ACKRF, this news archive provides a record of how American Creek’s exploration interests and corporate structure evolved up to and including its acquisition by Tudor Gold.
American Creek Resources (OTCQB: ACKRF) has completed its previously announced statutory plan of arrangement with Tudor Gold Corp. Under the arrangement, Tudor has acquired all issued and outstanding shares of American Creek, making it a wholly-owned subsidiary.
American Creek shareholders will receive 0.238 Tudor shares for each American Creek share held. The company's existing options and warrants will be adjusted according to this exchange ratio. American Creek shares are expected to be delisted from TSX Venture Exchange and OTCQB on September 5, 2025, and the company will cease to be a reporting issuer.
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 (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.
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