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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Post by arbatnewon Feb 22, 2021 2:25pm
195 Views
Post# 32628068

Last day to buy to participate in spinout?

Last day to buy to participate in spinout?Maybe a stupid question, but as in the news release "(the "Arrangement") with Stinger Resources Inc. ("Stinger") is expected to occur at 12:01 a.m. on February 25, 2021 (the "Effective Date"). Pursuant to the arrangement, holders of common shares of American Creek as of the close of business on February 24, 2021 will receive one new common share of American Creek (each, an "American Creek Share") and 0.11324 of a Stinger common share (each, a "Stinger Share").  In this case at what point are you deemed a 'holder'?  If you bought on the 24th would you qualify?  Many thanks
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