Tuesday, 02 January 2024 12:17 GMT

American Creek Resources Announces Closing Of Approval Of Plan Of Arrangement With Tudor Gold Corp.


(MENAFN- Newsfile Corp) Cardston, Alberta--(Newsfile Corp. - September 4, 2025) - American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (the " Company " or " American Creek ") is pleased to announce that further to its press releases of June 26, 2025, August 5, 2025, and September 2, 2025, that the previously announced statutory plan of arrangement (the " Arrangement ") involving American Creek and Tudor Gold Corp. (" Tudor ") under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (" BCBCA ") has closed effective at 12:01 a.m. (Vancouver time) on September 4, 2025.

Pursuant to the Arrangement, Tudor has acquired all of the issued and outstanding common shares of American Creek, which is now a wholly-owned subsidiary of Tudor. Each American Creek shareholder received 0.238 of a common share of Tudor for each American Creek share held (the " Exchange Ratio "). Each AMK option was replaced with replacement options pursuant to the Arrangement Agreement, exercisable for Tudor Shares at the Exchange Ratio. All other terms and conditions of the replacement options, including the term of expiry, vesting, conditions to and manner of exercising, are the same as the AMK options for which they were exchanged. Warrants to purchase common shares of AMK, will continue to remain outstanding as warrants of AMK which, upon exercise, will entitle the holder thereof to receive the Tudor Shares at the Exchange Ratio in lieu of a common share of AMK for each warrants so exercised.

The AMK shares are expected to be delisted from the TSX Venture Exchange and the OTCQB at the close of trading on September 5, 2025, and the Company intends to submit an application to the applicable securities regulators to cease to be a reporting issuer and to terminate its public reporting obligations.

Further information regarding the Transaction is contained in the management information circular of American Creek dated July 25, 2025, which is available under American Creek's issuer profile on SEDAR+ ( ).

About American Creek and the Tudor Gold

Following completion of the Arrangement, American Creek is a wholly-owned subsidiary of Tudor.

Tudor Gold Corp. is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which Tudor Gold has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack property to the southeast.

For further information, please visit the Tudor's website at or contact:

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