American Creek Spins Out Stinger Resources; Shareholders Own 2 Public Companies as Maiden Treaty Creek Resource Approaches
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American Creek owns 20% of Treaty Creek, a project that is currently waiting on a maiden resource and estimated to be around 30 million ounces. It’s safe to assume if your flagship asset is within the scale of a world class asset such as Treaty Creek, your supporting assets are not being recognized for their value. This is where Stinger (STNG: TSXV) comes in. All non-core AMK assets are now the property of Stinger, including millions in cash and over 1m Tudor Gold shares. American Creek keeps the 20% carried Interest to production at Treaty Creek, and any future discoveries. Oh, and the very first Resource at Treaty Creek 2 Companies. 1 Bull Market. Sit back and have a listen to this great interview with Kelvin Burton as he explains for all shareholders, AMK and soon to be STNG.