American Creek R Stock Price, News & Analysis

American Creek Resources Ltd. (OTCQB: ACKRF) was a Canadian junior mineral exploration company active in the gold ore mining industry within the broader mining, quarrying, and oil and gas extraction sector. The company’s shares traded on the TSX Venture Exchange under the symbol AMK and on the OTCQB under the symbol ACKRF.

According to multiple company news releases, American Creek focused on mineral exploration in British Columbia, Canada, with an emphasis on gold and silver projects. It described itself as a Canadian junior mineral exploration company with gold and silver properties in British Columbia and highlighted its participation in one of the region’s notable exploration projects.

Corporate transformation and acquisition by Tudor Gold

American Creek underwent a significant corporate change through a statutory plan of arrangement with Tudor Gold Corp. Under an arrangement completed effective at 12:01 a.m. (Vancouver time) on September 4, 2025, Tudor Gold acquired all of the issued and outstanding common shares of American Creek. Following completion of this arrangement, American Creek became a wholly owned subsidiary of Tudor Gold Corp.

Under the terms of the transaction, each American Creek shareholder received 0.238 of a common share of Tudor for each American Creek share held. Options to purchase American Creek shares were exchanged for replacement Tudor options based on the same exchange ratio, and outstanding warrants of American Creek remained outstanding as warrants of American Creek but became exercisable for Tudor shares at the same exchange ratio in lieu of American Creek shares.

In connection with the closing of the arrangement, American Creek announced that its shares were expected to be delisted from the TSX Venture Exchange and the OTCQB at the close of trading on September 5, 2025. The company also stated its intention to apply to securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations. As a result, the ACKRF symbol represents a company that has been acquired and is no longer an independent public issuer, although American Creek continues to exist as a subsidiary within the Tudor Gold corporate group.

Core assets and project interests

Prior to the completion of the arrangement with Tudor Gold, American Creek’s primary asset exposure was tied to the Treaty Creek Project, located in British Columbia’s prolific “Golden Triangle.” In multiple news releases, American Creek described itself as a proud partner in the Treaty Creek Project, a joint venture with Tudor Gold Corp. The project is situated in an area that hosts producing and past-producing mines and several large deposits that are approaching potential development.

American Creek held a fully carried 20% interest in the Treaty Creek Project until a production notice is given. The company stated that this structure meant it did not incur exploration or development costs on the project until such time as a production notice is issued. American Creek characterized this carried interest as providing shareholders with exposure to the Treaty Creek asset without bearing exploration cost dilution. The project hosts the Goldstorm Deposit, described as a large gold-copper porphyry system with several other mineralized zones, and is operated by Tudor Gold as project operator.

In addition to its Treaty Creek interest, American Creek reported that it held the Austruck-Bonanza gold property located near Kamloops, British Columbia. Across several releases, the company referenced this property as part of its portfolio of gold-focused exploration assets in the province.

Joint venture structure and Treaty Creek partnership

American Creek’s disclosures describe the Treaty Creek Project as a joint venture in which Tudor Gold owns three-fifths and acts as operator, while American Creek and Teuton Resources each hold a one-fifth interest. This creates a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are described as holding fully carried 20% interests, meaning they do not incur development costs until a production notice is issued.

The company emphasized that this carried interest gave its shareholders a unique opportunity to maintain full 20% exposure to what it referred to as a significant project while avoiding the dilutive effects of funding exploration. American Creek’s news releases also noted that the Treaty Creek Project hosts the Goldstorm Deposit, a large gold-copper porphyry system with multiple mineral domains, and that further exploration drilling was required to determine the size and extent of the deposit. Technical details and resource estimates for the Goldstorm Deposit are attributed in the releases to an NI 43-101 technical report prepared for the project.

Financing and corporate actions

American Creek’s news flow prior to the acquisition by Tudor Gold included financing and corporate actions typical of junior exploration companies. For example, the company announced a non-brokered private placement of units, with each unit consisting of one common share and one common share purchase warrant, to raise funds for general working capital. It later reported the closing of a fully subscribed non-brokered private placement, including the issuance of units and payment of cash and warrant-based finder’s fees, subject to regulatory hold periods and TSX Venture Exchange policies.

The company also reported granting incentive stock options to directors, officers, and consultants under its rolling 10% stock option plan, and approving a repricing of certain outstanding incentive options, subject to TSX Venture Exchange approval and, for insider-held options, disinterested shareholder approval. These actions were described as being conducted under the policies of the TSX Venture Exchange and the company’s shareholder-approved stock option plan.

Plan of arrangement process

The acquisition by Tudor Gold followed a sequence of steps disclosed in American Creek’s news releases. The parties first entered into a binding letter of intent under which Tudor would acquire all of the issued and outstanding shares of American Creek by way of a plan of arrangement. The letter of intent set out the proposed exchange ratio of 0.238 Tudor shares for each American Creek share and described that existing American Creek shareholders would own a minority interest in the combined company upon completion.

Subsequently, American Creek announced a definitive arrangement agreement with Tudor Gold, confirming the exchange ratio and structure of the transaction. The arrangement was to be completed under Division 5 of Part 9 of the Business Corporations Act (British Columbia) and required approval by American Creek shareholders and the Supreme Court of British Columbia, as well as regulatory approvals, including TSX Venture Exchange approval.

American Creek mailed a management information circular and related materials to shareholders in advance of its annual general and special meeting to approve the arrangement and other matters. The company later reported that the special resolution to approve the plan of arrangement was overwhelmingly approved by shareholders and minority shareholders and that it had obtained the final court order from the Supreme Court of British Columbia approving the arrangement. The closing of the arrangement was then completed as disclosed, resulting in American Creek becoming a wholly owned subsidiary of Tudor Gold.

Status of ACKRF ticker and historical context

In its news releases, American Creek stated that, upon closing of the transaction with Tudor Gold, it was expected that American Creek’s common shares would be delisted from the TSX Venture Exchange and that the company would cease to be a reporting issuer under applicable Canadian securities laws. It also indicated that the AMK shares were expected to be delisted from the TSX Venture Exchange and the OTCQB at the close of trading on September 5, 2025.

As a result, the ACKRF symbol is associated with a company that has been acquired and is no longer independently traded on those markets, although American Creek continues as a corporate entity within the Tudor Gold group. For investors and researchers, the ACKRF listing and related disclosures now serve primarily as a historical record of American Creek’s activities as a junior mineral exploration company and its role in the Treaty Creek joint venture prior to its acquisition.

FAQs about American Creek Resources Ltd. (ACKRF)

• What did American Creek Resources Ltd. do?
  American Creek Resources Ltd. was a Canadian junior mineral exploration company focused on gold and silver properties in British Columbia, Canada. It described itself as having interests in projects such as the Treaty Creek property in the Golden Triangle and the Austruck-Bonanza gold property near Kamloops.
• What is the Treaty Creek Project and American Creek’s interest in it?
  The Treaty Creek Project is a joint venture located in British Columbia’s Golden Triangle that hosts the Goldstorm Deposit, a large gold-copper porphyry system with several mineralized zones. American Creek reported that it held a fully carried 20% interest in the project until a production notice is given, while Tudor Gold acted as operator and held a larger interest.
• What does “fully carried 20% interest” mean for American Creek?
  American Creek’s disclosures state that its fully carried 20% interest in the Treaty Creek Project meant that it did not incur exploration or development costs on the project until a production notice is issued. This structure allowed American Creek shareholders to maintain exposure to the project without funding ongoing exploration work.
• What happened to American Creek Resources and the ACKRF ticker?
  American Creek entered into a plan of arrangement with Tudor Gold Corp. Under this arrangement, Tudor acquired all of the issued and outstanding common shares of American Creek, making American Creek a wholly owned subsidiary of Tudor. The company announced that its shares were expected to be delisted from the TSX Venture Exchange and the OTCQB and that it intended to cease to be a reporting issuer.
• What did American Creek shareholders receive in the acquisition by Tudor Gold?
  According to the arrangement terms disclosed by the company, each American Creek shareholder received 0.238 of a Tudor Gold common share for each American Creek common share held. Options and warrants were adjusted based on the same exchange ratio, with options replaced by Tudor options and warrants becoming exercisable for Tudor shares.
• Did American Creek have other properties besides Treaty Creek?
  Yes. In its news releases, American Creek stated that it also held the Austruck-Bonanza gold property located near Kamloops, British Columbia, in addition to its interest in the Treaty Creek Project.
• Is American Creek still a reporting public company?
  American Creek announced that, following completion of the arrangement with Tudor Gold, it intended to apply to securities regulators to cease to be a reporting issuer and terminate its public reporting obligations. It also indicated that its shares were expected to be delisted from the TSX Venture Exchange and the OTCQB.
• How was the plan of arrangement approved?
  The company reported that its shareholders approved a special resolution authorizing the arrangement at an annual general and special meeting. It also obtained an interim order and a final order from the Supreme Court of British Columbia under the Business Corporations Act (British Columbia), and the transaction was subject to regulatory approvals, including TSX Venture Exchange approval.
• What role did Tudor Gold play at Treaty Creek before acquiring American Creek?
  Before the acquisition, Tudor Gold was described as project operator and majority interest holder at Treaty Creek, with a 60% interest compared with American Creek’s fully carried 20% interest and Teuton Resources’ 20% interest. Tudor led exploration programs and technical work at the Goldstorm Deposit within the Treaty Creek Project.
• How should investors view information related to ACKRF now?
  Because American Creek has been acquired and its shares were expected to be delisted, information related to ACKRF primarily reflects historical data about American Creek’s operations, assets, and the terms of its acquisition by Tudor Gold. Current information about the Treaty Creek Project and related interests is now reported under Tudor Gold’s disclosures.