Cardston, Alberta–(Newsfile Corp. – June 2, 2022) – American Creek Resources Ltd. (TSXV:AMK) (“the Company”), an exploration company engaged in the acquisition, exploration and development of precious metal deposits in British Columbia, is pleased to announce that it has received approval to commence trading on the OTCQB Venture Market (“OTCQB”). Shares of American Creek will trade under the symbol “ACKRF” beginning June 2, 2022. The OTCQB is a venture capital marketplace that has been established as a premier marketplace for U.S. and international start-up companies and in development in order to make itself known to a wider network of investors. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol AMK.
An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to facilitate electronic clearing and settlement of the Company’s common stock in the United States.
“We are excited to provide investors with another opportunity to trade our shares and look forward to raising the profile of our company among U.S. investors. We believe trading on the OTCQB can lead to improved overall liquidity and visibility on global financial markets,” said President and CEO Darren Blaney. “The Treaty Creek project in British Columbia’s prolific Golden Triangle is becoming a world-class project that deserves as wide coverage as possible.”
Treat Creek Joint Venture Partnership
The Treaty Creek project is a joint venture with Tudor Gold owning 3/5 and acting as operator. American Creek and Teuton Resources each hold a 1/5 interest in the project, creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully mined until a production notice is issued, in which case they are required to contribute their respective 20% share of development costs. Until then, Tudor is required to fund all exploration and development costs, while American Creek and Teuton have “free rides”.
About American Creek
American Creek is a junior Canadian mining exploration company with gold and silver properties in British Columbia, Canada.
The Company holds an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in British Columbia’s prolific “Golden Triangle”.
The Company also owns the Austruck-Bonanza gold property located near Kamloops.
For more information, please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected] Information relating to the Company is available on its website at the address www.americancreek.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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