Eric Sprott Announces Additional Securities of Tudor Gold Corp. Acquired in Exchange for Securities of American Creek Resources Ltd. Pursuant to the Plan of Arrangement

Eric Sprott Announces Additional Securities of Tudor Gold Corp. Acquired in Exchange for Securities of American Creek Resources Ltd. Pursuant to the Plan of Arrangement

Eric Sprott announces that, on September 4, 2025, 2176423 Ontario Ltd. (a corporation beneficially owned by him) acquired 15,470,000 common shares of Tudor Gold Corp. (Tudor Gold Shares) upon the closing a statutory plan of arrangement (Arrangement), pursuant to which Tudor Gold acquired all the outstanding common shares of American Creek Resources Ltd., (American Creek Shares). Pursuant to the Arrangement, among other things, holders of American Creek Shares received 0.238 of a Tudor Gold Share for every American Creek Share they held.

American Creek holdings: Prior to the Arrangement, Mr. Sprott beneficially owned 65,000,000 American Creek Shares, representing approximately 13.7% of the outstanding American Creek Shares on a non-diluted basis. As a result of the Arrangement, Mr. Sprott no longer holds any securities of American Creek, and Mr. Sprott (as well as 2176423 Ontario Ltd.) ceased to be insiders of American Creek.

Tudor Gold holdings: Prior to the Arrangement, Mr. Sprott beneficially owned 41,548,069 Tudor Gold Shares and 2,355,550 Tudor Gold Warrants, representing approximately 15.9 % of the outstanding Tudor Gold Shares on a non-diluted basis, and approximately 16.6% on a partially diluted basis assuming exercise of such warrants. As a result of the Arrangement, Mr. Sprott now beneficially owns 57,018,069 Tudor Gold Shares and 2,355,550 Tudor Gold Warrants representing approximately 15.1% of the outstanding Tudor Gold Shares on a non-diluted basis, and approximately 15.6% on a partially diluted basis assuming exercise of such warrants, which (combined with previous issuances of Tudor Gold Shares) represents a decrease in holdings of approximately 1.9% from what is reported in the last early warning report for Tudor Gold.

Mr. Sprott has a long-term view of the investment in Tudor Gold securities and may acquire additional securities of Tudor Gold including on the open market or through private acquisitions or sell securities including on the open market or through private dispositions, in the future, depending on market conditions, reformulation of plans and/or other relevant factors.

American Creek is located at P.O Box 70, Cardston, Alberta, T0K 0K0. A copy of the early warning report with respect to the foregoing will appear on American Creek's profile, as applicable, on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto, Ontario, M5C 3C5).

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/265252

News Provided by Newsfile via QuoteMedia

AMK:CA
The Conversation (0)
Canadian Investment Regulatory Organization Trade Resumption - AMK

Canadian Investment Regulatory Organization Trade Resumption - AMK

Trading resumes in: Company: American Creek Resources Ltd. TSX-Venture Symbol: AMK All Issues: Yes Resumption (ET): 8:00 AM 6/7/2024 CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a... Keep Reading...
American Creek's JV Partner Tudor Gold Commences 2024 Exploration Drill Program at Treaty Creek, Golden Triangle, British Columbia

American Creek's JV Partner Tudor Gold Commences 2024 Exploration Drill Program at Treaty Creek, Golden Triangle, British Columbia

American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) ("the Corporation" or "American Creek") is pleased to announce that crews from JV partner Tudor Gold are on site preparing camp and drill locations for the upcoming 2024 exploration program at the flagship Treaty Creek Project, located in... Keep Reading...
American Creek Resources Ltd. Completes Over-Subscribed Non-Brokered Private Placement Financing

American Creek Resources Ltd. Completes Over-Subscribed Non-Brokered Private Placement Financing

American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (the "Company" or "American Creek") is pleased to announce that it has closed its over-subscribed non-brokered private placement (the "Offering'), previously announced on March 1, 2024, as increased on April 10, 2024. Under the Offering,... Keep Reading...
Dr. Mark Thornton: Gold Ringing Alarm Bells, Silver Setting Up to Skyrocket

Dr. Mark Thornton: Gold Ringing Alarm Bells, Silver Setting Up to Skyrocket

Dr. Mark Thornton, senior fellow at the Mises Institute, discusses the factors that have taken the gold price to all-time highs. In his view, the key driver is government actions like overspending, borrowing and money printing, none of which are likely to abate soon. He also shares his bullish... Keep Reading...
Blyderiver Canyon in the Mpumalanga province of South Africa.

Why South Africa Remains a Hidden Gem for Gold Investors

For more than 150 years, South Africa has stood among the world’s notable gold producers. From the historic Witwatersrand Basin, once the source of a massive share of global gold output, to today’s modern operations, the country’s mining legacy continues to shape the global market. For investors... Keep Reading...
CuFe Sizes Up "High-grade" Bismuth Resource at Tennant Creek Project

CuFe Sizes Up "High-grade" Bismuth Resource at Tennant Creek Project

A recent technical review for CuFe’s (ASX:CUF) bismuth resource at the Tennant Creek project in Australia’s Northern Territory has revealed significant, high-grade findings, according to the company’s managing director, Mark Hancock.“We've updated our Gecko resource already to reflect a... Keep Reading...
5m @ 13.1g/t Gold Intersected within 20m Mineralised Zone in First Drill Hole to Test New Target at Titan East

5m @ 13.1g/t Gold Intersected within 20m Mineralised Zone in First Drill Hole to Test New Target at Titan East

Artemis Resources (ASX: ARV) (Artemis or the Company) is pleased to report a high-grade gold intersection in the first RC hole testing an interpreted NE trending shear zone at the Titan East Prospect, 1.5km west of the Carlow gold-copper resource1. HighlightsFirst Reverse Circulation (RC) drill... Keep Reading...
Patrick Tuohy, gold bars and silver chart.

Patrick Tuohy: Gold's Status Has Changed, Higher Price is Inevitable

Patrick Tuohy, global head of sales and marketing Goldstrom, shares his outlook for gold, saying its position as a store of value has been reestablished.In his view, the yellow metal has found a new price floor at US$3,000 per ounce. Don’t forget to follow us @INN_Resource for real-time... Keep Reading...
Total Metals (TSXV:TT)

TSX-V: TT Closes Acquisition of High Lake and West Hawk Lake from McFarlane Lake Mining and Closing of Final Tranche of Non-Brokered Private Placement

Total Metals Corp. (“Total Metals” or the “Company”) (TSX-V: TT) (FSE: O4N) is pleased to announce the closing of its acquisition of the High Lake and West Hawk Lake (the “Projects”) from McFarlane Lake Mining Corporation (“MLM”), as previously announced on September 24, 2025 (the... Keep Reading...

Latest Press Releases

Related News