American Creek Resources Announces That Spinout Company Stinger Resources Inc. Has Commenced Trading on the TSX Venture Exchange
March 05, 2021 at 12:13 PM EST
Cardston, Alberta--(Newsfile Corp. - March 5, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("American Creek") ("the Company") is pleased to announce that the new Spinout company, Stinger Resources Inc. is now trading on the TSX Venture Exchange under the symbol STNG.
American Creek also today announced that it has granted 6,300,000 incentive stock options under the Corporation's stock option plan to certain Directors, Officers and contractors of the Corporation. The options were granted at a deemed price of $0.32 and are exercisable until March 4, 2031. The incentive options are subject to a hold period of four months and a day from issuance.
The granting of options is subject to approval by the TSX Venture Exchange.
About American Creek
American Creek is a Canadian junior mineral exploration company with gold and silver properties in British Columbia, Canada.
The Company has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle". The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator. American Creek and Teuton Resources each have 20% interests in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: email@example.com. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76221