American Creek Resources Ltd and Stinger Resources Inc Announce Closing of Spin-Out Plan of Arrangement finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
American Creek Resources Ltd.: American Creek Resources Completes Spin-out of Shares of Stinger Resources Inc. American Creek Resources Ltd. (TSXV: AMK) (the
Company or
American Creek ) is pleased to announce that further to its press release dated December 5, 2020, the effective date for the spin-out of certain assets, including property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property, to its shareholders by way of a plan of arrangement (the
Arrangement ) with Stinger Resources Inc. (
Stinger ) is expected to occur at 12:01 a.m. on February 25, 2021 (the
Effective Date ). Pursuant to the arrangement, holders of common shares of American Creek as of the close of business on February 24, 2021 will receive one new common share of American Creek (each, an
Cardston, Alberta (Newsfile Corp. - February 16, 2021) - American Creek Resources Ltd. (TSXV: AMK) (the Company or American Creek ) is pleased to announce that further to its press release dated December 5, 2020, the effective date for the spin-out of certain assets, including property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property, to its shareholders by way of a plan of arrangement (the Arrangement ) with Stinger Resources Inc. ( Stinger ) is expected to occur at 12:01 a.m. on February 25, 2021 (the Effective Date ). Pursuant to the arrangement, holders of common shares of American Creek as of the close of business on February 24, 2021 will receive one new common share of American Creek (each, an
Exploration snapshot: Eight companies active in BC, NWT and the Yukon
Nickel Creek Platinum s wholly owned Nickel Shaw project in Yukon. Credit: Nickel Creek Platinum.
With a strong outlook for the mining sector and few recent discoveries, companies are turning to low-risk under-explored frontiers in their search for new deposits and future mines. Below, we present eight companies focused on B.C., the Yukon and the Northwest Territories.
Ascot Resources
Ascot Resources’ Red Mountain project in B.C.’s Golden Triangle. Credit: Ascot Resources.
Ascot Resources (TSX: AOT; US-OTC: AOTVF) is focused on re-starting the Premier gold project in B.C.’s Golden Triangle, 25 km from Stewart. The 25,000-hectare site includes four deposits. Ascot also holds the Red Mountain project, 23 km to the southwest, with an underground deposit.
Tudor Gold Corp.: Tudor Gold Announces Addition of Ronald-Peter Stoeferle as a New Board Member
Company or
Tudor Gold ) is pleased to announce that Ronald-Peter Stoeferle has been appointed to the Company s Board of Directors.
Mr. Stoeferle is Managing Partner and Fund Manager at Incrementum AG, based in Liechtenstein. He manages a fund that invests based on the principles of the Austrian School of Economics and is an author of the well respected annual In Gold We Trust report. Mr. Stoeferle has provided consulting services for Tudor Gold since March 2017.
Walter Storm, President and CEO of Tudor Gold stated, We are pleased to welcome Ronni to our Board of Directors at this important next stage of development for Tudor Gold. We are excited to have one of the most recognized and leading gold experts in the world joining us. Ronni is a highly respected and seasoned gold expert and we look forward to benefitting from his market insight and broad industry network.