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 > Repricing of the stock options?

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Comment by NamesJebon Nov 09, 2021 1:31pm

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Post# 34105660

RE:RE:RE:RE:RE:RE:RE:Repricing of the stock options?

Unless management wants to give us another reason, all we can really do is take it at face value. Reducing price of existing options which are converted to shares = less overall money for the company and more shares outstanding = potentially insufficient funds to keep paying the bills and riding the free train = potentially more dilution later.

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