Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSXV:AMK - Post Discussion

American Creek Resources Ltd > We should have confirmation by next Monday
View:
Post by Robizounskin on Sep 27, 2024 9:34am

We should have confirmation by next Monday

The Arrangement Agreement provides for customary deal protection provisions, including non-solicitation covenants of American Creek, "fiduciary out" provisions in favour of American Creek and "right-to-match superior proposals" in provisions in favour of CML. The Arrangement Agreement provides for a termination fee of $6,286,125 payable by American Creek if it accepts a superior proposal and in certain specified circumstances. In addition, on or before September 30, 2024, CML will pay American Creek a cash signing fee of $300,000, which funds will be used for working capital purposes in the ordinary course of business (including reasonable expenses incurred by American Creek related to the Transaction). 50% of the signing fee (i.e. $150,000) will be repayable by American Creek to CML in equal monthly installments of $10,000 in the event that the required Shareholder approval is not obtained at the Meeting or the Transaction is terminated due to a non-curable breach of the Arrangement Agreement by American Creek.
Comment by paydirtontario on Sep 27, 2024 9:51am
For Sale  20% of a world class project  Bitcoiners or Major gold producers welcome to bid on this  We may be pleasantly surprised 
Comment by BigValuehunter on Sep 27, 2024 10:05am
Why would anyone bid on AMK when it is already subject to a bid and support agreement?  They could bid on TUO or TUD and get a support agreement.  It would be silly to wade into the Cunningham 3 ring circus (Cunningham Mining, Nugget Trap, CUnningham Natural Resoruces).
Comment by firestarterm on Sep 27, 2024 12:36pm
Sorry  you are oft to ignore.  Your soft bash techniques, pretending to have innocent inquiries which happened to coincide with other negative posts, such as the ones by  Action3030 are very apparent.  You flip/flop on support/bash. Deceitful. You are either one and the same or you both work for the same company.  I actually believe you are neither an AMK or TUD ...more  
Comment by firestarterm on Sep 27, 2024 12:37pm
That message about sending off to ignore list is in regards to BigValueHunter.  
Comment by BigValuehunter on Sep 27, 2024 3:53pm
I am glad I did not rush earlier in the week to sell AMK and switch into TUD. What a bad week for TUD.  Not great for AMK, but awful for TUD. I did start converting some over today.  I will be patient.
Comment by fordster on Sep 27, 2024 6:08pm
Damned well said Firestartem! ...he's a innocent basher...
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities