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American Creek Plans Shareholder Vote on Acquisition
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American Creek Plans Shareholder Vote on Acquisition

Story Highlights
  • American Creek is mailing materials for a shareholder vote on a plan of arrangement.
  • Shareholders will decide on Cunningham Mining acquiring American Creek at $0.43 per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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

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American Creek Resources has announced the mailing of materials for its annual meeting, where shareholders will vote on a plan of arrangement with Cunningham Mining to acquire all of American Creek’s common shares at $0.43 per share. The board of directors recommends shareholders approve the arrangement, which has been deemed fair and in the company’s best interests. The meeting is set for November 27, 2024, and completion of the arrangement is subject to shareholder approval and other conditions.

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

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