American Creek Expands Private Placement Offering

American Creek Resources (TSE:AMK) has released an update.

American Creek Resources Ltd. has announced an increase in its non-brokered private placement due to high demand, with the revised target set to raise approximately $808,706 by selling over 6 million units at $0.13 each. This capital raise aligns with the terms outlined in their earlier March announcement and will support the company’s interests, including the Treaty Creek Project and the Austruck-Bonanza property, without burdening shareholders with development costs until production commences.

For further insights into TSE:AMK stock, check out TipRanks’ Stock Analysis page.