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Cardston, Alberta--(Newsfile Corp. - April 23, 2025) - American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (the "Company" or "American Creek") announces that further to its news release of April 14, 2025, it has received overwhelming interest above the previously announced non-brokered private placement offering of up to $800,000. Accordingly, the Company is increasing this offering such that it now proposes to sell up to 13,333,333 units (the "Units") at a price of $0.09 per Unit to raise total gross proceeds of up to $1,200,000 (the "Offering"). Each Unit will consist of one common share of the Company and one common purchase warrant. The Company has changed the warrant terms such that each warrant will now entitle the holder to purchase one common share of the Company at a price of $0.14 at any time on or before that date which is 3 years after the closing date of the Offering. The proceeds received from the sale of the Units will be used for general working capital.
The Units are being offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. The Company may pay finders' fees to eligible finders in connection with the Offering, subject to compliance with applicable securities laws and the policies of the TSX Venture Exchange.
All securities issued and sold under the Offering will be subject to a hold period expiring four months and one day from their date of issuance. Completion of the Offering and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
About American Creek and the Treaty Creek Project
American Creek is a proud partner in the Treaty Creek Project, a joint venture with Tudor Gold Corp. located in BC's prolific "Golden Triangle".
American Creek holds a fully carried 20% interest in the Treaty Creek Project until a production notice is given, meaning that no exploration or development costs are incurred by American Creek until such time as a production notice has been issued. American Creek shareholders have a unique opportunity to avoid the dilutive effects of exploration while maintaining their full 20% exposure to one of the world's most exciting mega deposits.