American Creek Resources Ltd. is pleased to announce that it has closed its non-brokered private placement financing previously announced August 23, 2019 as increased August 25 & 27, 2019. Under this financing, the Company has issued 5,666,667 flow-through units for gross proceeds of $510,000.03 and 21,875,000 non flow-through units for gross proceeds of $1,750,000. In connection with this financing, the Company paid a [...]
American Creek Resources Ltd. is pleased to announce that it intends to expand the present non-brokered private placement in order to include an additional $500,000. Red Cloud Klondike Strike Inc. will act as a finder in connection with the financing. Darren Blaney, President & CEO of American Creek stated: "We have enjoyed our association with Red Cloud over the last year and have been impressed with their understanding [...]
American Creek Resources Ltd. is pleased to announce that it intends to expand the non-brokered private placement announced on Friday in order to include an additional $1,000,000 investment by Eric Sprott. Darren Blaney, President & CEO of American Creek stated: "We welcome Mr. Sprott's further support and additional significant contribution. We greatly appreciate not only his endorsement but also his enthusiasm for the [...]
American Creek Resources Ltd. today announced that it will be offering on a non-brokered private placement basis up to 8,791,666 units for gross proceeds of $760,000 if the Offering is fully subscribed. The Offering is comprised of 5,666,666 flow-through units at a price of $0.09 per FT Unit for gross proceeds of up to $510,000 and 3,125,000 non-flow-through units at a price of $0.08 per NFT Unit for gross proceeds of up [...]
American Creek Resources Ltd. today announced that it has granted 2,900,000 incentive stock options under the Corporation's stock option plan to certain Directors, Officers and contractors of the Corporation. The options were granted at a deemed price of $0.08 and are exercisable until August 19, 2029. The incentive options are subject to a hold period of four months and a day from issuance. The granting of options is [...]
American Creek Resources Ltd. is pleased to announce that a drill has been mobilized to the Dunwell Mine project and drilling has now commenced. As part of an overall exploration program it is anticipated that Phase I will include up to 2,000 meters of drilling on several targets. The 100% owned Dunwell Mine project is located in the heart of the Golden Triangle a few kilometers outside of Stewart, BC. Darren Blaney, CEO [...]
American Creek Resources Ltd. is pleased to announce that it has closed its private placement financing with a private company beneficially owned by Eric Sprott, previously announced on July 29, 2019, and issued 20,000,000 units for gross proceeds of $1,000,000. No finder's fees were paid in relation to this financing. All securities issued under this private placement are subject to a hold period expiring December 9 [...]
American Creek Resources Ltd. today announced that has closed the fully subscribed private placement financing previously announced on July 26, 2019. A total of 6,000,000 units at a price of $0.05 per Unit were subscribed for resulting in gross proceeds of $300,000 to the Corporation. Each Unit consisted of one common share of the Corporation and one non-transferrable Common Share purchase warrant . Each Warrant may be [...]
American Creek Resources Ltd. is pleased to announce results from the first three diamond drill holes at the Goldstorm Zone on the Treaty Creek Joint Venture project, located in the Golden Triangle of NW BC. In light of the favourable results obtained during phase one drilling, a second drill has arrived on-site and has begun drilling for the phase two portion of the program. Tudor Gold Exploration Manager, Ken Konkin [...]
American Creek Resources Ltd. today announced that it intends to complete a non-brokered private placement with Eric Sprott's private company, 2176423 Ontario Ltd. consisting of the issuance of 20,000,000 units at a price of $0.05 per Unit for proceeds of $1,000,000. Each Unit will consist of one common share of the Corporation and one non-transferrable Common Share purchase warrant . Each Warrant may be exercised for one [...]
American Creek Resources Ltd. today announced that it will be offering on a non-brokered private placement basis up to 6,000,000 units at a price of $0.05 per Unit for proceeds of $300,000 if the Offering is fully subscribed. Each Unit will consist of one common share of the Corporation and one non-transferrable Common Share purchase warrant . Each Warrant may be exercised for one additional Common Share at a price of [...]
American Creek Resources Ltd. is pleased to report that Canadian billionaire Eric Sprott has invested an additional $3,000,000 in JV partner Tudor Gold for the ongoing Treaty Creek drill program currently underway on the Treaty Creek property located in the Golden Triangle of Northwestern British Columbia. Drilling is continuing on the gold enriched Goldstorm Zone which is on-trend with Seabridges' Iron Cap Zone located [...]