| AMERICAN CREEK RESOURCES ANNOUNCES SHARES FOR DEBT ARRANGEMENT | |
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November 3, 2015 TSX-V: AMK
American Creek Resources Ltd. (TSX-V: AMK) ('the Corporation') today announced that it has entered into a shares for debt arrangement with Miller Thomson LLP ('MT') for the settlement of $450,000 of the current debt outstanding to MT. The Corporation will issue 9,000,000 common shares in the capital of the Corporation ('Shares') at a price of $0.05 per Share.
The Corporation wishes to publically thank MT for their expertise and professionalism as well as for their continued support and cooperation in seeing the legal proceedings with Teuton Resources Corp. over the Treaty Creek property through to a successful conclusion.
The Corporation will also issue 1,050,000 Shares at a price of $0.05 per Share to an arm's length contractor as payment for $52,500.00 of services performed this fall in relation to the recent Electrum project exploration program.
The Shares issued in relation to these shares for debt and shares for services arrangements are subject to a hold period of four months plus a day from issuance.
The shares for debt and shares for services arrangements are subject to approval by the TSX Venture Exchange.
American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.
For further information please contact Darren Blaney at: Phone: 403 752-4040 or Email: [email protected] Information relating to the Corporation is available on its website at www.americancreek.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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American Creek Resources Ltd
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EXPLORATEUR |
CODE : AMK.V |
ISIN : CA0252881010 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
American Creek est une société d’exploration minière d'argent et d'or basée au Canada. American Creek détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont TIDE, ELECTRUM, IRONMIST et TREATY CREEK au Canada. American Creek est cotée au Canada. Sa capitalisation boursière aujourd'hui est 27,5 millions CA$ (22,0 millions US$, 19,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 2,61 CA$, et son plus bas niveau récent le 31 mai 2019 à 0,03 CA$. American Creek possède 229 530 000 actions en circulation. |