Mr. Darren Blaney reports
AMERICAN CREEK RESOURCES INCREASES NON-BROKERED PRIVATE PLACEMENT UP TO $1,200,000
American Creek Resources Ltd., further to its news release of April 14, 2025, has received overwhelming interest above the previously announced non-brokered private placement offering of up to $800,000. Accordingly, the company is increasing this offering such that it now proposes to sell up to 13,333,333 units at a price of nine cents per unit to raise total gross proceeds of up to $1.2-million. Each unit will consist of one common share of the company and one common purchase warrant. The company has changed the warrant terms such that each warrant will now entitle the holder to purchase one common share of the company at a price of 14 cents at any time on or before that date that is three years after the closing date of the offering. The proceeds received from the sale of the units will be used for general working capital.
The units are being offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. The company may pay finders' fees to eligible finders in connection with the offering, subject to compliance with applicable securities laws and the policies of the TSX Venture Exchange.
All securities issued and sold under the offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
About American Creek Resources Ltd.
American Creek is a proud partner in the Treaty Creek project, a joint venture with Tudor Gold Corp. that is located in British Columbia's prolific Golden Triangle.
American Creek holds a fully carried 20-per-cent interest in the Treaty Creek project until a production notice is given, meaning that no exploration or development costs are incurred by American Creek until such time as a production notice has been issued. American Creek shareholders have a unique opportunity to avoid the dilutive effects of exploration while maintaining their full 20-per-cent exposure to one of the world's most exciting megadeposits.
The company also holds the Austruck-Bonanza gold property, located near Kamloops, B.C.
We seek Safe Harbor.
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