Tudor Gold Signs Definitive Agreement to Acquire American Creek

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[{"type":"text","content":"Tudor Gold Signs Definitive Agreement to Acquire American CreekVancouver, British Columbia--(Newsfile Corp. - June 26, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (\"Tudor\" or the \"Company\") announces that, further to its news release dated June 9, 2025, the Company has entered into a definitive agreement dated June 25, 2025 (the \"Arrangement Agreement\") with American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (\"American Creek\") pursuant to which Tudor will acquire all of the issued and outstanding common shares of American Creek (the \"Transaction\"). Each American Creek shareholder will be entitled to receive 0.238 of a common share of Tudor (\"Tudor Shares\") for each American Creek share held (the \"Exchange Ratio\"). \"Our acquisition of American Creek increases our interest to 80% in the Treaty Creek Project, which hosts one of the largest gold discoveries in Canada with excellent potential for expansion and additional gold-copper discoveries, at a reasonable per ounce of gold equivalent cost,\" commented Joe Ovsenek, President and CEO of Tudor Gold. \"With an increased ownership of the Treaty Creek Project, Tudor is better positioned to attract a wider range of potential investors to the developing story of this high-quality gold-copper asset. We welcome the American Creek shareholders to Tudor as we continue to strengthen the company to build on our exploration success and advance Treaty Creek on the path toward production.\"Currently, American Creek holds a 20% carried interest, and Tudor a 60% interest, in the Treaty Creek Project located in northwest British Columbia. On completion of the Transaction, Tudor will hold an 80% interest in the Treaty Creek Project. The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones.Transaction StructurePursuant to the terms of the Arrangement Agreement, each American Creek shareholder will receive 0.238 of a Tudor Share in exchange for each American Creek share held. Following completion of the transaction, existing American Creek shareholders will own approximately 30% of the total issued and outstanding share capital of Tudor. Each AMK option will be replaced with replacement options under the Arrangement, exercisable for Tudor Shares at the Exchange Ratio. All other terms and c...

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