American Creek Resources Ltd.
TSX VENTURE : AMK

American Creek Resources Ltd.

February 02, 2015 18:02 ET

American Creek Litigation Update-Teuton Resources Corp. Denied Stay

CARDSTON, ALBERTA--(Marketwired - Feb. 2, 2015) - American Creek Resources Ltd. (TSX VENTURE:AMK) (the "Corporation") wishes to provide a further update in the litigation with Teuton Resources Corp. ("Teuton").

TEUTON'S STAY APPLICATION DENIED

The Corporation reports that on February 2, 2015 Teuton's application for a stay of the enforcement proceedings against Teuton by the Corporation (see the Corporation's press release dated January 26, 2015) was denied by the British Columbia Court of Appeal. The Corporation will proceed with enforcement of its judgment against Teuton.

APPEAL HEARING

As previously reported, the Corporation was successful at trial in the litigation with Teuton over ownership of the Treaty Creek property. Teuton has appealed the Court's decision. The British Columbia Court of Appeal will hear the appeal on March 9-11, 2015.

SPECIAL COSTS HEARING

The hearing to determine the amount of special costs owed by Teuton to the Corporation will be held March 31 and April 1, 2015.

CONSPIRACY / DEFAMATION LITIGATION

The litigation against Teuton, Teuton's president Dino Cremonese, and others for conspiracy and defamation will proceed.

The Corporation will continue to provide litigation updates as these matters progress.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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