American Creek Resources (TSE:AMK) has released an update.
American Creek Resources Ltd. has entered into a non-binding letter of intent with Cunningham Mining Ltd. for a potential acquisition at $0.43 Cdn per common share, a 274% premium over its last closing price. This acquisition would give Cunningham control of American Creek’s interest in the Treaty Creek Property, known for its significant gold, silver, and copper resources. While the transaction is not guaranteed, it could provide shareholders a substantial premium on their current investment.
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