American Creek Resources Closes $250,000 Financing
07 Oktober 2017 - 6:23AM
Business Wire
American Creek Resources Ltd. (TSX-V: AMK) (“the
Corporation”) today announced that it has closed the $250,000
private placement offering (“the Offering”) that was announced
yesterday.
The Corporation sold 5,000,000 units (“Units”) at a price of
$0.05 per Unit for proceeds of $250,000. Each Unit consists of one
common share of the Corporation (“Common Share”) and one
non-transferrable Common Share purchase warrant (“Warrant”). Each
Warrant may be exercised for one additional Common Share at a price
of $0.08 for a period of 24 months from the closing date of the
Offering.
Proceeds will be used for general operating purposes including
settling current debt and for exploration work related to the
company’s Dunwell, Gold Hill and Glitter King properties.
The securities issued in this financing are subject to a
statutory four month hold period. This private placement is subject
to approval by the TSX Venture Exchange.
About American Creek
American Creek is a Canadian junior mineral exploration company
with a strong portfolio of gold and silver properties in British
Columbia. Three of those properties are located in the prolific
“Golden Triangle”; the Treaty Creek and Electrum joint venture
projects with Tudor Gold/Walter Storm as well as the 100% owned
past producing Dunwell Mine.
Tudor is presently conducting a major drill program on the
Treaty Creek property with the objective of developing a primary
gold resource estimate.
The Corporation also holds the Gold Hill, Austruck-Bonanza,
Ample Goldmax, Silver Side, and Glitter King properties located in
other prospective areas of the province.
For further information please contact Kelvin Burton at: Phone:
403 752-4040 or Email: info@americancreek.com. 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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version on businesswire.com: http://www.businesswire.com/news/home/20171006005813/en/
American Creek Resources Ltd.Kelvin Burton,
403-752-4040info@americancreek.com
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