American Creek Resources Ltd. (ACKRF)

[douginil]

American Creek Resources Ltd. and Stinger Resources Inc. Announce Closing of Spin-Out Plan of Arrangement

Cardston, Alberta--(Newsfile Corp. - February 25, 2021) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") and Stinger Resources Inc. ("Stinger") are pleased to announce that further to American Creek's press release dated February 16, 2021, the plan of arrangement spinout transaction (the "Arrangement") has closed effective February 25, 2021 (the "Effective Date").

Completion of the Arrangement, as set forth in the amended and restated arrangement agreement dated October 2, 2020 (the "Arrangement Agreement"), entered into between American Creek and Stinger, was approved by the shareholders of American Creek (the "AMK Shareholders") on December 3, 2020, by a Final Order granted by the Supreme Court of British Columbia on December 7, 2020, in accordance with Part 9 of the Business Corporations Act (British Columbia), and accepted by the TSX Venture Exchange (the "TSXV").

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