HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: American Creek litigation

American Creek Resources Ltd. (TSX-V: AMK) (“American Creek”) reports that it has commenced litigation in the Alberta Court of Queen’s Bench against 26 named defendants including Teuton Resources Corp. (TSX-V: TUO) (“Teuton”), Dino Cremonese, President and CEO of Teuton (“Cremonese”), Amanda Mullin, Director of Teuton (“Mullin”), Deborah Shilling, Teuton’s Corporate Secretary (“Shilling”) and Gary Assaly, Teuton’s Investment Relations officer (“Assaly”). American Creek’s officers Allan Burton (President and CEO), Robert Edwards (CFO) and Darren Blaney (COO) are also named as plaintiffs. The aggregate damages sought by the plaintiffs are in excess of $150 million dollars.

The court pleadings allege that after American Creek optioned the Treaty Creek Property from Teuton, Teuton, Cremonese, Mullin, Shilling and Assaly (the “Conspiring Defendants”) conspired to damage American Creek and its officers by making hundreds of Stockhouse Bullboard posts. The 78 page Statement of Claim states that “The Defendants, using aliases, have, and some continue to, intentionally publish defamatory statements…about the Plaintiffs on the [Stockhouse] Bullboards” and that these statements were “intended to severely harm American Creek by damaging its business

Share
New Message
Please login to post a reply