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American Creek Resources Announces Closing of Approval of Plan of Arrangement with Tudor Gold Corp.
Newsfile· 2025-09-04 18:15
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].
TUDOR GOLD Appoints Joe Ovsenek as President and CEO and Augments Its Executive Team
Newsfile· 2025-05-12 08:00
Core Viewpoint - Tudor Gold Corp. has appointed Joe Ovsenek as President and CEO, enhancing its executive team to drive growth and development in the mining sector [1][2][3] Executive Team Augmentation - The new executive team includes Joe Ovsenek as President and CEO, Ken McNaughton as Vice President of Project Development, and Michelle Romero as Vice President of External Affairs [1][2] - Joe Ovsenek has a proven track record in advancing mining projects, notably leading the Brucejack Mine from discovery to commercial production in under eight years [2] Strategic Focus - The company aims to leverage its experienced team to advance the Goldstorm Deposit at Treaty Creek, which is seen as a cornerstone asset with strategic advantages such as excellent infrastructure access and strong community relationships [3] - The Treaty Creek project spans 17,913 hectares and is located in British Columbia's Golden Triangle, an area known for its rich mineral deposits [4]