American Creek Resources Ltd V.AMK

Alternate Symbol(s): ACKRF

Metals & Mining Industrial Metals & Minerals

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.

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American Creek Resources Ltd > Is anyone else concerned about major dilution like me?

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Comment by GoldInsect777on Apr 13, 2023 9:18pm

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Post# 35394369

RE:RE:Is anyone else concerned about major dilution like me?

HIGHonLITHIUM,

I am not concerned about the existing options being exercised so much as I am about an unpredictable amount of new options being issued, considering that we are 1c away from all existing options being exercisable.

And to your point about the market pricing rule - 8.7 million options in 2021 were repriced from a strike price of 32c or 35c to 18c.

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