|By Marketwired .||
|April 20, 2017 06:24 PM EDT|
CARDSTON, ALBERTA -- (Marketwired) -- 04/20/17 -- American Creek Resources Ltd. (TSX VENTURE: AMK) ("the Corporation") today announced that it has entered into a shares for debt arrangement with Miller Thomson LLP ("MT") for the settlement of $300,000 of the current debt outstanding to MT. The Corporation will issue 5,000,000 common shares in the capital of the Corporation at a price of $0.06 per share.
The shares issued in relation to this shares for debt arrangement are subject to a hold period of four months plus a day from issuance.
This shares for debt arrangement is subject to approval by the TSX Venture Exchange.
About American Creek
American Creek is a Canadian junior mineral exploration company with a strong portfolio of gold and silver properties in British Columbia. Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek and Electrum joint venture projects with Tudor Gold (Walter Storm) as well as the 100% owned past producing Dunwell Mine.
The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, Red Tusk and Glitter King properties located in other prospective areas of the province.
Information relating to the Corporation is available on its website at 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.
American Creek Resources Ltd.
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