Cardston, Alberta--(Newsfile Corp. - May 9, 2025) - American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (the "Company" or "American Creek") announces that it has today granted incentive options to certain directors, officers, and consultants of the Company to purchase up to an aggregate of 22,810,000 common shares pursuant to the Company's share option plan. These options are fully vested on grant and are exercisable for a period of ten years at a price of $0.09 per share. The incentive options are subject to a hold period of four months and a day from issuance.

The Company's stock option plan is administered by American Creek's Board of Directors and is a "rolling" 10% stock option plan. The aggregate number of optioned common shares that may be issued upon the exercise of stock options granted under the stock option plan may not exceed 10% of the number of issued and outstanding common shares of the Company at the time of granting of options. In accordance with TSX Venture Exchange policies, as the stock option plan is a "rolling" stock option plan, it must receive approval of the Company's shareholders yearly at the Company's annual general meeting. The stock option plan authorizing the issuance of these incentive options was approved at the most recent annual general meeting held on November 27, 2024.

American Creek also announces that the Board of Directors has approved the repricing of the exercise price of a total of 8,600,000 outstanding incentive options from $0.18 to $0.09 per common share, and a total of 5,600,000 outstanding incentive options from $0.20 to $0.09 per common share. The repricing of these options is subject to the approval of the TSX Venture Exchange. The repricing of 10,850,000 incentive options held by insiders of the Company is also subject to the approval of disinterested shareholders of the Company at American Creek's next annual general meeting of shareholders, in accordance with the policies of the TSX Venture Exchange. Details regarding the repricing of these options will be further disclosed in the Company's information circular for its next annual general meeting.

About American Creek and the Treaty Creek Project

American Creek is a proud partner in the Treaty Creek Project, a joint venture with Tudor Gold Corp. located in BC's prolific "Golden Triangle".

American Creek holds a fully carried 20% interest in the Treaty Creek Project until a production notice is given, meaning that no exploration or development costs are incurred by American Creek until such time as a production notice has been issued. American Creek shareholders have a unique opportunity to avoid the dilutive effects of exploration while maintaining their full 20% exposure to one of the world's most exciting mega deposits.

The Company also holds the Austruck-Bonanza gold property located near Kamloops, BC.

ON BEHALF OF AMERICAN CREEK RESOURCES LTD.

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

Cautionary Statement Regarding Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) which reflect American Creek's current expectations regarding future events. Forward-looking statements are identified by words such as "believe", "anticipate", "project", "expect", "intend", "plan", "will", "may", "estimate" and other similar expressions. The forward-looking statements in this news release are based on a number of key expectations and assumptions made by American Creek as of the date hereof. Although the forward-looking statements contained in this news release are based on what American Creek's management believes to be reasonable assumptions, American Creek cannot assure investors that actual results will be consistent with such statements.

The forward-looking statements in this news release are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Several factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including those identified in American Creek's most recent Management's Discussion and Analysis, which is available on SEDAR+ at www.sedarplus.ca. Readers, therefore, should not place undue reliance on any such forward-looking statements. These forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, American Creek assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251498

COMTEX_465355594/2523/2025-05-09T13:02:32