Core Points - American Creek Resources Ltd. has successfully closed the statutory plan of arrangement with Tudor Gold Corp., making American Creek a wholly-owned subsidiary of Tudor as of September 4, 2025 [1][5]. Group 1: Transaction Details - Under the arrangement, Tudor acquired all issued and outstanding common shares of American Creek, with each shareholder receiving 0.238 of a common share of Tudor for each share held [2]. - American Creek options were replaced with replacement options exercisable for Tudor shares at the same exchange ratio, maintaining the same terms and conditions as the original options [2]. - Warrants for American Creek shares will remain outstanding and can be exercised for Tudor shares at the same exchange ratio [2]. Group 2: Delisting and Reporting - American Creek shares are expected to be delisted from the TSX Venture Exchange and OTCQB at the close of trading on September 5, 2025 [3]. - The company plans to apply to cease being a reporting issuer and terminate its public reporting obligations [3]. Group 3: Company Background - Tudor Gold Corp. is involved in precious and base metals exploration and development, with claims in British Columbia's Golden Triangle, an area known for its mining potential [6].
American Creek Resources Announces Closing of Approval of Plan of Arrangement with Tudor Gold Corp.