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

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Comment by Canada300on Nov 10, 2020 2:33pm

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Post# 31871517

RE:RE:RE:RE:RE:RE:Ratio of Stinger shares to AMK

Not sure what you're correcting Krammer. I went bacik to the news release, it is very clear that it is prorata as you and I both stated. 1% of AMK = 1% of Stinger. What might change is the ratio of the 45,000,000 shares to the outstanding AMK # due to potential change in that # based on cashing in of options and/or warrants between the time of the news release and the actual vote on the spinout. That does not impact the %age of shares you will get of the 45,000,000 (that number does not change) other than that if you did have 1% of AMK at time of announcement, you may only have 0.9998% of the outstanding shares on vote date. If that is the case, now you will get 0.9998% of the Stinger shares.IMO C300

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