American Creek Resources Ltd V.AMK

Sprott

[NOMOREROLLBACKS]

Yahoo Finance Newsfile Eric Sprott Announces Holdings in American Creek Resources Ltd. Newsfile Corp. August 5, 2021, 11:24 am Toronto, Ontario--(Newsfile Corp. - August 5, 2021) - Eric Sprott announces that, today, 2176423 Ontario Ltd. (a corporation he beneficially owns) exercised 20,000,000 common share purchase warrants (Warrants) of American Creek Resources Ltd. at $0.065 per common share (Share) for aggregate consideration of $1,300,000. The exercise of Warrants, combined with prior corporate treasury issuances of Shares, resulted in a decrease in holdings of approximately 2.8% of the outstanding Shares on a partially diluted basis since the date of the last early warning report. Prior to such exercise, Mr. Sprott beneficially owned and controlled 32,500,000 Shares and 32,500,000 Warrants representing approximately 8.1% of the outstanding Shares on a non-diluted basis and approximately 15.0% on a partially diluted basis assuming the exercise of all such Warrants. Mr. Sprott now beneficially owns and controls 52,500,000 Shares and 12,500,000 Warrants representing approximately 12.4% of the outstanding Shares on a non-diluted basis and approximately 15.0% on a partially diluted basis assuming the exercise of such Warrants. The exercise of Warrants resulted in a partially diluted ownership change of greater than 2% and, therefore, the filing of an update to the early warning report. The Shares noted above are held for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors. American Creek Resources is located at P.O. Box 70, Cardston, Alberta, T0K 0K0. A copy of the early warning report with respect to the foregoing will appear on the company's profile on the System for Electronic Document Analysis and Retrieval at www.sedar.com and may also be obtained by calling Mr. Sprott's office at [phone] (2176423 Ontario Ltd., 200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1). To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92224 View more on Yahoo Finance Update privacy choices Reactions

[Stockmoves1]

nothing like a bargain of 6.5cts... how can you go wrong??? this is why Sprott funds do well...

[NOMOREROLLBACKS]

1 million $ goes to Stinger on . 8 exercise option.. Tud p/p 's? Stinger has 1.4 m tud shares now and is funded through 2022... How many tud shares does amk have??? Hmmmm

[fordster]

Fantastic point NMR!....it should be a great 2022! ...we've taken a beating recently....making money isn't too difficult, if a person was just willing to recognize the discount/assets and anticipated rewards....with time. Time is the great equalizer.

[fairdinkem]

ONE would think that I HAVE inside information,,,,,,when in fact I DO.  But will not divulge my source.   E.SPROTT suggesting headed toward becoming a mining company?   Well, WELL!

[Stockmoves1]

interesting theory lads.... if this was Erics ambition I can see this being the ideal target....

[fordster]

It's always made perfect since to me...he needs a source for his physical mineralization and I believe he is losing confidence in Comex. He needs to establish a steady supply

[fordster]

Nothing surprises me about your connection Fairdinkem! If I could just pick your brain....

[fairdinkem]

2+2 still equals 4 right.   Ok here is my take on Walter, Eric, (Ken Konkin, AMK&TUO).  About 13 or 14 years ago "I" told "Kelvin" that we have the gravy train forever if we goto production.   He was his usual "polite about it", but laughed at my idea at the time back in 2008/09,,,,However at that time how shall I say it better than

[fordster]

O k Fairdinkem... I don't doubt your post ....I've had a few drinks (lol) and I really need to study this....I'm totally aware of your history and background: Ibelieve you have credibility 

[NOMOREROLLBACKS]

yup.... Bought half of the trades today in the last half hour.. 137,800 naked shorted shares didn't make it to a new 10 day company switch manipulation....... THANKS!!!!!!