| American Creek Resources Receives Favorable Judgement Regarding Costs in Treaty Creek Litigation | |
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CARDSTON, ALBERTA--(Marketwired - Nov 27, 2014) - American Creek Resources Ltd. (TSX VENTURE:AMK) ("American Creek" or "the Corporation") is pleased to announce that Reasons for Judgement have been delivered by the trial judge on the matter of costs in the Treaty Creek litigation. American Creek has been awarded costs at the highest scale based on the British Columbia Supreme Court Rules costs tariff for the full proceeding, plus "special costs" (to be assessed by the registrar and based on American Creek's reasonable and necessary legal fees) for certain specified aspects of the proceeding, and additional costs based on Teuton's refusal to make requested admissions, as well as its litigation disbursements in an agreed amount. American Creek's application for all of its costs to be assessed as special costs, and for an uplift and double its tariff costs was dismissed. The appeal proceedings in the Treaty Creek litigation are scheduled to be heard in the British Columbia Court of Appeal on January 19-21, 2015. The Corporation is confident in the decision of the British Columbia Supreme Court and expects that it will also prevail in the Court of Appeal. 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$ (24,3 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. |