| American Creek Litigation Update-Teuton Resources Corp. Denied Stay | |
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CARDSTON, ALBERTA--(Marketwired - Feb 2, 2015) - American Creek Resources Ltd. (TSX VENTURE:AMK) (the "Corporation") wishes to provide a further update in the litigation with Teuton Resources Corp. ("Teuton"). TEUTON'S STAY APPLICATION DENIED The Corporation reports that on February 2, 2015 Teuton's application for a stay of the enforcement proceedings against Teuton by the Corporation (see the Corporation's press release dated January 26, 2015) was denied by the British Columbia Court of Appeal. The Corporation will proceed with enforcement of its judgment against Teuton. APPEAL HEARING As previously reported, the Corporation was successful at trial in the litigation with Teuton over ownership of the Treaty Creek property. Teuton has appealed the Court's decision. The British Columbia Court of Appeal will hear the appeal on March 9-11, 2015. SPECIAL COSTS HEARING The hearing to determine the amount of special costs owed by Teuton to the Corporation will be held March 31 and April 1, 2015. CONSPIRACY / DEFAMATION LITIGATION The litigation against Teuton, Teuton's president Dino Cremonese, and others for conspiracy and defamation will proceed. The Corporation will continue to provide litigation updates as these matters progress. American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada. Information relating to the Corporation is available on its website at www.americancreek.com. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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American Creek Resources Ltd
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EXPLORATEUR |
CODE : AMK.V |
ISIN : CA0252881010 |
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American Creek est une société d’exploration minière d'argent et d'or basée au Canada. American Creek détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont ELECTRUM, TIDE, IRONMIST et TREATY CREEK au Canada. American Creek est cotée au Canada. Sa capitalisation boursière aujourd'hui est 33,3 millions CA$ (24,2 millions US$, 22,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 2,61 CA$, et son plus bas niveau récent le 31 mai 2019 à 0,03 CA$. American Creek possède 229 530 000 actions en circulation. |