American Creek Resources Ltd

Published : March 21st, 2012

CLOSES OVER-SUBSCRIBED PRIVATE PLACEMENT OFFERING

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AMERICAN CREEK CLOSES OVER-SUBSCRIBED PRIVATE PLACEMENT

OFFERING


March 21, 2012                                                         TSX-V:AMK, OTC:ACKRF

                                                                                            

 American Creek Resources Ltd. (the �Corporation�) is pleased to announce that the private placement announced on March 12, 2012 (the �Offering�) was fully subscribed and is now closed. The Offering raised proceeds of $1,031,500.

The Offering was comprised of 20,630,000 units at a price of $0.05 per unit for proceeds of $1,031,500.  Each unit consisted of one common share (�Common Share�) of the Corporation along with one non-transferable Common Share purchase warrant (�Warrant�).  Each Warrant may be exercised for one additional Common Share at a price of $0.10 per Common Share for a period of thirty months from the closing of the Offering.  Insiders of the Corporation purchased 4,500,000 units of the Offering. No finder�s fees were paid with respect to the Offering.

Proceeds will be used to fund continuing litigation with Teuton Resources Corp., to settle current debts, and for general operating purposes.

All securities issued in this private placement will be subject to a hold period of four months and a day from the date of issuance of the securities.  The Offering has been approved by the TSX Venture Exchange.

The Corporation also granted a total of 4,850,000 incentive options to certain Directors, Officers, Advisors and Contractors of the Corporation under the Corporation�s incentive stock option plan.  The options were granted at a deemed price of $0.10 and are exercisable until March 20, 2022. 

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

For further information please contact Darren Blaney at:  Phone: 403 752-4040 or Email:  info@americancreek.com".  Information relating to the Corporation is available on its website at www.americancreek.com.


www.americancreek.com

 

[SUBSCRIPTIONS]

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

American Creek Resources Ltd

EXPLORATION STAGE
CODE : AMK.V
ISIN : CA0252881010
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American Creek is a silver and gold exploration company based in Canada.

American Creek holds various exploration projects in Canada.

Its main exploration properties are ELECTRUM, TIDE, IRONMIST and TREATY CREEK in Canada.

American Creek is listed in Canada. Its market capitalisation is CA$ 67.7 millions as of today (US$ 48.5 millions, € 45.7 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.61, and its lowest recent point on May 31, 2019 at CA$ 0.03.

American Creek has 229 530 000 shares outstanding.

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Financings of American Creek Resources Ltd
4/16/2015Closes First Tranche of Financing
3/24/2015Announces $480,000 Financing
3/25/2013Closes First Tranche of Private Placement
Option Grants of American Creek Resources Ltd
5/10/2007announces appointment of officer and grant of stock options
Project news of American Creek Resources Ltd
9/17/2012(Treaty Creek)Receives Notice From Seabridge Gold To Negotiate Access Righ...
7/18/2012(Tide)Sells Tide Property For $1.5 Million
5/7/2012ANNOUNCES THAT SETTLEMENT OFFER MADE TO TEUTON RESOURCES COR...
3/1/2012RESPONDS TO TEUTON RESOURCE CORP. NEWS RELEASE
2/24/2012REPORTS THAT TEUTON RESOURCES CORP HAS BACKED OUT OF DISCOVE...
1/9/2012(Treaty Creek)Announces Results From Magnetotelluric Survey on its Treaty ...
6/27/2011(Ironmist)Announces Exploration Programs on the Electrum and Ironmist ...
5/30/2011(Treaty Creek)Authorizes Seabridge Gold to Conduct Geophysical Survey on ...
4/28/2011Quanto Research initiates coverage on American Creek Resourc...
3/25/2011(Electrum)RECEIVES DRILL PERMIT FOR ELECTRUM PROJECT
7/8/2010(Electrum)Samples 694 g/t (20.24 oz/t) gold
1/12/2010(Treaty Creek)Treaty Creek discovery hole runs 241 metres of 0.80 g/t gold
8/20/2007(Tide)Commences exploration on Tide Project
6/6/2007(Electrum)Commences 2007 Electrum Project Drill Program
Corporate news of American Creek Resources Ltd
7/14/2016AMERICAN CREEK RESOURCES ANNOUNCES $300,000 FINANCING
6/29/2016AMERICAN CREEK RESOURCES COMMENCES GOLD HILL PROPERTY EXPLOR...
6/22/2016AMERICAN CREEK REPORTS THAT TUDOR GOLD CORP. HAS COMMENCED D...
6/15/2016AMERICAN CREEK CLOSES TWO JV TRANSACTIONS WITH TUDOR GOLD CO...
5/24/2016AMERICAN CREEK RESOURCES ISSUES INCENTIVE OPTIONS
5/12/2016AMERICAN CREEK’S JV PARTNER BEGINS TRADING ON TSX VENTURE EX...
5/4/2016AMERICAN CREEK RESOURCES MAKES SHARE PAYMENT TO AGORACOM FOR...
4/21/2016AMERICAN CREEK RESOURCES RECEIVES APPROVAL FOR TREATY CREEK ...
4/15/2016AMERICAN CREEK RESOURCES EXPANDS THE D1 - MCBRIDE PROPERTY I...
4/14/2016AMERICAN CREEK RESOURCES NEGOTIATES TREATY CREEK NSR BUYDOWN
1/4/2016American Creek Resources Provides Litigation Update
12/31/2015American Creek Resources Announces Changes to Board of Direc...
11/3/2015AMERICAN CREEK RESOURCES ANNOUNCES SHARES FOR DEBT ARRANGEME...
11/2/2015American Creek Resources Provides Electrum Drill Program Upd...
11/2/2015AMERICAN CREEK RESOURCES PROVIDES 2015 ELECTRUM DRILL PROGRA...
10/5/2015American Creek Commences Drill Program On Electrum Project
10/3/2015AMERICAN CREEK CLOSES FIRST TRANCHE OF FINANCING
10/2/2015American Creek Closes First Tranche of Financing
9/29/2015AMERICAN CREEK RESOURCES ANNOUNCES $150,000 FINANCING
9/10/2015American Creek Resources Corporate Update
6/29/2015American Creek Resources-Litigation Update
6/29/2015AMERICAN CREEK RESOURCES – LITIGATION UPDATE
4/23/2015-Litigation Update
4/23/2015American Creek Resources-Litigation Update
4/16/2015AMERICAN CREEK RESOURCES CLOSES FIRST TRANCHE OF FINANCING
4/3/2015AMERICAN CREEK RESOURCES – LITIGATION UPDATE
4/3/2015-Litigation Update
4/3/2015American Creek Resources-Litigation Update
3/24/2015AMERICAN CREEK RESOURCES ANNOUNCES $480,000 FINANCING
3/10/2015AMERICAN CREEK RESOURCES – TEUTON RESOURCES - TREATY CREEK L...
3/10/2015American Creek Resources-Teuton Resources-Treaty Creek Litig...
3/9/2015AMERICAN CREEK RESOURCES ACQUIRES GOLD HILL AND D1-MCBRIDE P...
2/2/2015American Creek Litigation Update-Teuton Resources Corp. Deni...
1/26/2015American Creek Commences Judgement Enforcement Against Teuto...
1/26/2015American Creek Commences Judgement Enforcement Against Teuto...
1/12/2015AMERICAN CREEK PROVIDES UPDATE ON TEUTON RESOURCES CORP. – T...
1/9/2015American Creek Provides Update on Teuton Resources Corp.-Tre...
12/24/2014American Creek Provides Further Update-Treaty Creek-Teuton R...
12/22/2014American Creek Provides Treaty Creek - Teuton Resources Corp...
12/2/2014American Creek Resources Closes $466,600 Financing
11/27/2014American Creek Resources Receives Favorable Judgement Regard...
10/17/2014AMERICAN CREEK RESOURCES ANNOUNCES $600,000 FINANCING
10/8/2014American Creek Resources Provides Corporate Update
5/9/2014American Creek Resources Obtains Title to Treaty Creek Prope...
4/15/2014IIROC Trading Resumption - AMK
4/15/2014American Creek Resources Prevails Over Teuton Resources in T...
4/15/2014IIROC Trading Halt - AMK
4/23/2013(Treaty Creek)Reports That the Trial With Teuton Resources Corp. Over the ...
10/15/2012TO BEGIN NEGOTIATING ACCESS RIGHTS
9/20/2012Lawrence Roulston highlights American Creek in Golden Triang...
4/28/2012MAKES SETTLEMENT OFFER TO TEUTON RESOURCES CORP.
3/21/2012CLOSES OVER-SUBSCRIBED PRIVATE PLACEMENT OFFERING
2/1/2012PROVIDES LITIGATION UPDATE
1/24/2012reports on Annual General Meeting of Shareholders
7/15/2011Continues to Increase its Market Exposure
5/4/2011stock breaks 52 week high
4/13/2011Corporate Update
3/31/2011Vantagewire issues Bottom Line Report on American Creek
3/29/2011CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING RAISING $56...
3/1/2011ANNOUNCES $400,000 PRIVATE PLACEMENT OFFERING
3/1/2011CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING RAISING $86...
2/24/2011ANNOUNCES APPOINTMENT OF NEW DIRECTOR
4/7/2010B.C's Golden Triangle Update
3/2/2010Let's meet next week
1/14/2010Analyst James West Reports on American Creek
10/4/2007Has the Tide turned?
9/28/2007featured on Business Television September 29th and September...
8/29/2007Presentation on the Treaty Creek property and the Electrum p...
7/31/2007Commences Treaty Creek Exploration Program
5/3/2007 Kamloops Area projects
4/11/2007SIGNS EARN-IN AGREEMENT WITH TEUTON RESOURCES
3/27/2007Latest News Release from American Creek Resources Ltd.
3/14/2007Latest news release from American Creek Resources Ltd
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