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American Creek Announces Closing Of $1.2 Million Non-Brokered Private Placement

November 14, 2007

Raymond, Alberta - American Creek Resources Ltd. (the “Corporation”) announced that it has closed a non-brokered private placement offering of 310,976 units of the Corporation (“Units”) at a price of $3.90 per Unit for gross proceeds of $1,212,806.40. Each Unit consisted of one common share of the Corporation (“Common Share”) at a price of $0.69 per share, four “flow-through” Common Shares (“FT Shares”) at a price of $0.80 per FT Share and transferable common share purchase warrants (a “Warrant”) entitling the holder to acquire up to five additional Common Shares at a price of $1.60 per Common Shares until November 13, 2008.

The Units were sold to qualified purchasers resident in Alberta, British Columbia, Ontario and Newfoundland in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation.

In connection with the sale of 31,000 Units, the Corporation paid National Bank Financial Ltd. of Calgary, Alberta a finder’s fee in the sum of $6,045 (equal to 5% of the proceeds from the sale of such Units) by the issuance of an aggregate of 8,760 Common Shares at a deemed price of $0.69 per Common Share and issued non-transferable share purchase warrants exercisable at a price of $1.60 per Common Share until November 13, 2008 (“Finder’s Warrants”) to acquire an additional 7,750 Common Shares (equal to 5% of such Units). In connection with the sale of 11,200 Units, the Corporation paid QIS Capital Corporation of Kamloops, BC a finder’s fee in the sum of $2,184 (equal to 5% of the proceeds from the sale of such Units) by the issuance of an aggregate of 3,165 Common Shares at a deemed price of $0.69 per Common Share and issued Finder’s Warrants to acquire an additional 2,800 Common Shares (equal to 5% of such Units).

The Common Shares and Warrants forming part of the Units, the Common Shares and Finder’s Warrants issued in payment of the finder’s fee, and the Common Shares issued pursuant to the exercise of the Warrants and the Finder’s Warrants are all subject to a 4 month restricted period expiring on March 14, 2008.

The TSX Venture Exchange approved the private placement and finder’s fees by Bulletin dated November 9, 2007.

American Creek Resources Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver deposits. The Corporation has several projects within the Province of British Columbia, Canada.

For further information please contact: Darren R. Blaney, Chief Operating Officer, Tel: (403) 752-4040; Fax: (403) 752-4020 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available at www.americancreek.com.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.