Waste Energy Corp Names New CFO
Company Announces Full Repayment of Convertible Note
FAIRFIELD, CA / ACCESS Newswire / March 6, 2025 / Waste Energy Corp ('Waste Energy' or the 'Company'), (OTCQB:WAST), an emerging waste-to-energy (WTE) company at the forefront of sustainable innovation, dedicated to diverting plastic and tires waste streams from oceans, streams, nature and food supplies, today announced the appointment of Mr. Braden Glasbergen as its new Chief Financial Officer (CFO), effective immediately. Mr. Glasbergen has played a pivotal role in the company's financial operations for several years, assisting with its SEC filings and working closely under the guidance of outgoing CFO, Mr. Swapan Kakumanu.
With over two decades of experience in financial leadership roles across industries such as manufacturing, consulting, and environmental services, Glasbergen brings a wealth of expertise to his new position. His strategic financial acumen, combined with his deep understanding of regulatory compliance, corporate governance, and operational efficiency, makes him an ideal fit to lead Waste Energy Corp's financial strategy as the company continues to expand its waste-to-energy initiatives.
'I couldn't be more thrilled to welcome Mr. Braden Glasbergen as our new CFO,' said Scott Gallagher, Chairman and CEO of Waste Energy Corp. 'His strong financial background and deep understanding of our business will be invaluable as we continue driving growth and innovation in the waste to energy sector. As we scale our business, we remain focused on driving shareholder value and ensuring long-term financial stability. We have assembled a leadership team that values our presence in the public markets and is committed to protecting our capital structure and driving shareholder value as we grow. We will continue to make strategic decisions that align with our mission of expanding our operations while maintaining strong financial discipline and Braden will play an important role in that process.'
As the company welcomes Mr. Glasbergen in his new role, it extends its sincere gratitude to Mr. Swapan Kakumanu for his years of dedicated service. Kakumanu played an instrumental role in transitioning the company toward its waste-to-energy business model, and his contributions have laid a strong foundation for future success.
'On behalf of the entire team at Waste Energy Corp, I want to personally thank Swapan for his service and leadership throughout the years,' added Gallagher. 'His dedication and expertise has been critical in shaping the company's financial direction, especially during the transition and we appreciate his efforts in ensuring a smooth transition.'
In response, Mr. Kakumanu expressed his confidence in the company's direction, stating, 'I firmly believe in the long-term potential of Waste Energy Corp and its mission to revolutionize waste-to-energy solutions. The company is positioned for significant growth, and I have no doubt that Braden and the leadership team will continue executing on our vision. I look forward to supporting the team as a consultant as needed, ensuring continuity and contributing to the company's success in any way I can.'
Additionally, Waste Energy Corp is pleased to announce that a previously issued convertible note has been fully repaid. This milestone reflects the company's commitment to maintaining financial discipline and maximizing shareholder value as it continues to develop innovative energy solutions.
Furthermore, the company has begun the process of permitting and securing regulatory filings to handle plastic and tire waste at the federal level as it evaluates opportunities in several states. This initiative aligns with Waste Energy Corp's long-term growth strategy as it seeks to scale its business and expand its waste-to-energy operations nationwide. Glasbergen will play a key role in this effort, working alongside President of Waste-to-Energy Operations W. Scott McBride to navigate the permitting process and ensure regulatory compliance as the company expands its footprint.
For more information about Waste Energy Corp, please visit www.WasteEnergyCorp.com.
Company Contact:
Scott Gallagher, CEO
(727) 417-7807
[email protected]
About Waste Energy Corp
Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source.
Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit www.WasteEnergyCorp.com. For additional investor or financial information visit: www.SEC.gov.
Forward-Looking Statements
This press release contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at www.SEC.Gov.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
38 minutes ago
- Yahoo
Impact Silver Intersects 534.8 g/t Silver over 8.50m Including 2,320 g/t Silver over 1.07m on New Kena Vein South at Guadalupe Mine
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - IMPACT Silver Corp. (TSXV: IPT) (OTCQB: ISVLF) (FSE: IKL) ("IMPACT" or the "Company") is pleased to announce further drill results from the Kena Vein South zone in its producing Guadalupe silver mine in the Royal Mines of Zacualpan Silver District, Mexico. NEW KENA VEIN SOUTH UNDERGROUND DRILL RESULTS Underground drilling from Level 140 of the Guadalupe Mine intersected further significant mineralization on the recently discovered Kena Vein South extending the zone to the north and discovered other nearby parallel and splay high-grade veins. New assays received include the following: To view an enhanced version of this graphic, please visit: True widths are estimated to be 85-100% of drill intervals. Drill results reported in this news release tested the north extension of the Kena Vein zone. These results include newly discovered nearby parallel and splay high-grade veins (see Figure 1). Kena Vein South mineralization has now been traced over 300m strike length and remains open in all directions. Additional drilling is planned. New underground access to the Kena Vein South has been completed on Level 140 with first mining tonnes recently extracted. CEO STATEMENT President and CEO Fred Davidson commented, "Drilling on the recently discovered Kena Vein continues to return exceptional high-grade results extending the zone to the north. These drill holes have also made new discoveries of nearby high-grade parallel and splay veins. The zone has been drilled over 300m length now and remains open for exploration in all directions. Drilling will continue when a new underground drill station is completed to next test the southern extension of the vein. The close proximity of the new vein to current active mine workings has allowed for rapid and low-cost access and mine development. Our mining team recently extracted the first tonnes of mineral from Kena Vein South and are now developing north and south on the vein to start full commercial mining." ABOUT IMPACT SILVER IMPACT Silver Corp. (TSXV: IPT) is a successful producer-explorer with two mining projects in Mexico. Royal Mines of Zacualpan Silver-Gold District: IMPACT owns 100% of the 211 km2 Zacualpan project in central Mexico where four underground silver mines and one open pit mine feed the central 500 tpd Guadalupe processing plant. To the south, the Capire Project includes a 200 tpd processing pilot plant adjacent to an open pit silver mine with an NI 43-101 inferred mineral resource of over 4.5 million oz silver, 48 million lbs zinc and 21 million lbs lead (see IMPACT news release dated January 18, 2016 for details and QP statement). Company personnel are reviewing Capire for a potential restart of operations. Over the past 18 years, IMPACT has placed multiple zones into commercial production and produced over 13 million ounces of silver generating revenues over $284 million, with no long-term debt. Plomosas Zinc-Lead-Silver District: Plomosas is a high-grade zinc producer in northern Mexico with exceptional exploration upside potential. The Company recently restarted mining operations and is ramping up production toward design capacity levels. Exploration potential at Plomosas is exceptional along a 6 km-long structure. This is in addition to other exploration targets on the 3,019-hectare property including untested copper-gold targets with indications of high-grade material from surface. Regionally, Plomosas lies in the same mineral belt as some of the largest carbonate replacement deposits in the world. Quality Control/Quality Assurance Samples reported in this news release were analyzed by ALS Group, an internationally recognized analytical services provider, using a multielement ICP package for silver and base metals. Assays for base metals >1% resorted to an overlimit method. Certified Reference Materials and internal control samples were added to the sample stream at regular intervals to monitor assay quality control. Qualified Person and NI 43-101 Disclosure Silvia Kohler, is a "Qualified Person" within the meaning of NI 43-101 and has approved the technical information contained in this news release. Additional information about IMPACT and its operations can be found on the Company website at Follow us on X (formerly Twitter) @IMPACT_Silver and LinkedIn at On behalf of IMPACT Silver Corp."Frederick W. Davidson"President & CEO For more information, please contact: Jerry HuangCFO | Investor Relations O: (604) 681 0172 or inquiries@ C: (778) 867 7909 Direct Neither 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. Forward-Looking and Cautionary Statements This IMPACT News Release may contain certain "forward-looking" statements and information relating to IMPACT that is based on the beliefs of IMPACT management, as well as assumptions made by and information currently available to IMPACT management. Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "planned", "expect", "project", "predict", "potential", "targeting", "intends", "believe", "potential", and similar expressions, or describes a "goal", or variation of such words and phrases or state that certain actions, events or results "may", "should", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements include, but are not limited to, statements regarding interpretation of drill results, activity at the projects and estimated timing thereof, the potential for defining and extending known mineralization, exploration potential on the properties, and plans for drilling and future operations at the Company's projects or plans for financing. Such forward-looking information involves known and unknown risks and assumptions, including with respect to, without limitation, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, criminal activity, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors, strategic partners and local communities, governmental regulation and supervision, seasonality, technological change, industry practices, pandemics and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. IMPACT does not assume the obligation to update any forward-looking statement or beliefs, opinions, projections or other factors, except as required by law. The Company's decision to place a mine into production, expand a mine, make other production related decisions or otherwise carry out mining and processing operations, is largely based on internal non-public Company data and reports based on exploration, development and mining work by the Company's technical personnel. The results of this work are evident in the discovery and building of multiple mines for the Company at Zacualpan and in the track record of mineral production and financial returns of the Company since 2006. Under NI 43-101, the Company is required to disclose that it has not based its production decisions on NI 43-101 mineral resources or reserve estimates, preliminary economic assessments or feasibility studies, and historically such projects have increased uncertainty and risk of failure. 303-543 Granville Street Vancouver, BC, Canada V6C 1X8 Telephone (604) (Twitter)LinkedIn Figure 1: Kena South Vein area drill holes plan To view an enhanced version of this graphic, please visit: To view the source version of this press release, please visit Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
ACPAS - Powers Device Financing for Flagship U.S. Tech Brand in South African Retail Network
DALLAS and JOHANNESBURG, South Africa, June 09, 2025 (GLOBE NEWSWIRE) -- UPAY Inc. (OTCQB: UPYY), a U.S.-based fintech innovator, announced that its South African subsidiary, ACPAS, has entered into a new Service Level Agreement (SLA) with one of the country's premier retail finance providers—responsible for enabling consumer credit on behalf of a retail group that exclusively sells products from one of the world's most iconic US technology brands. The group has already deployed the ACPAS solution at an initial retail location, where sales are beginning to ramp up. A broader rollout across its national footprint is planned in the coming months. The agreement enables ACPAS to deploy its advanced Loan Management Software (LMS) and integrated payment technologies to support financing for smartphones, laptops, tablets, and related accessories—sold through a nationwide network of over 30 premium retail stores and a leading online platform. Enabling Smarter Credit for High-Demand Technology Purchases The retail group—recognized as the go-to destination for some of the world's most iconic technology products—has established itself as a market leader in premium consumer experiences. The new fintech integration will power: Seamless credit origination and paperless onboarding Real-time account servicing and loan management Scalable backend support for payments and customer queries 'This collaboration demonstrates how ACPAS enables leading retailers to offer compliant, intelligent, and accessible credit to their customers,' said Jaco Fölscher, CEO of ACPAS. 'Our technology will enhance the customer finance journey across both in-store and online channels.' Strengthening Compliance and Risk Controls UPAY's AML-focused subsidiary, AML GO, will enhance the solution by providing automated anti-money laundering (AML) checks and integrated tools to support compliance with local regulatory frameworks. This ensures the finance journey remains secure, auditable, and compliant—meeting both consumer and institutional expectations. A Digital-First, Consumer-Centric Finance Strategy The SLA also includes: Continuous performance monitoring and optimization Built-in tools for compliance and risk oversight Adherence to fintech best practices in data privacy and credit governance Together, UPAY and its subsidiaries are redefining what responsible credit delivery looks like in tech-driven retail, helping partners expand access to premium technology through smarter finance options. About UPAY Inc. is a U.S.-listed fintech holding company focused on delivering intelligent financial platforms and compliance technologies across emerging and established markets. Its solutions span automation, payments, credit, and regulatory innovation. About ACPASACPAS, a subsidiary of UPAY Inc., is a leading provider of Loan Management Software in South Africa. Its platform powers digital lending, risk-based decision making, and payment orchestration for a broad range of financial institutions and credit providers. Forward-Looking StatementsThis press release contains "forward-looking statements" as defined under applicable securities laws. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. The Company does not undertake any obligation to update or revise forward-looking statements because of new information, future events, or other circumstances. No information in this publication should be interpreted as any indication whatsoever of the Company's future revenues, results of operations, or stock price. For media inquiries, please contact: info@
Yahoo
3 hours ago
- Yahoo
Tudor Gold Announces Binding Letter of Intent to Acquire American Creek
Tudor expects to increase interest in the Treaty Creek Project to 80% Vancouver, British Columbia--(Newsfile Corp. - June 9, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) ("Tudor") and American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) ("American Creek") are pleased to announce that they have entered into a binding letter of intent (the "LOI") on June 6, 2025 pursuant to which Tudor will acquire all of the issued and outstanding shares (the "American Creek Shares") of American Creek by way of a plan of arrangement (the "Transaction"). Currently, American Creek holds a 20% carried interest, and Tudor a 60% interest, in the Treaty Creek Project located in northwest British Columbia. On completion of the Transaction, Tudor will hold an 80% interest in the Treaty Creek Project. The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones. Under the terms of the Transaction, American Creek shareholders will receive 0.238 shares ("Tudor Shares") in the capital of Tudor for each American Creek Share (the "Exchange Ratio"). This implies premiums of 40% and 37% offered to American Creek shareholders based on the spot and 5-day VWAP of both companies as of market close on June 6, 2025. Following completion of the transaction, existing American Creek shareholders will own approximately 30% of the combined company resulting from the Transaction. The LOI provides for the parties to enter into a definitive arrangement agreement (the "Arrangement Agreement") setting out the final terms and conditions of the Transaction. Upon execution of the Arrangement Agreement, Tudor and American Creek will issue a subsequent news release containing the details of the Arrangement Agreement and any additional terms of the Transaction. Joe Ovsenek, President and CEO of Tudor Gold, commented: "Our acquisition of American Creek cements our interest in the Treaty Creek Project, which hosts one of the largest gold discoveries in Canada with excellent potential for expansion and additional gold-copper discoveries, at a reasonable per ounce of gold equivalent cost. With an increased ownership of the Treaty Creek Project, Tudor is better positioned to attract a wider range of potential investors to the developing story of this high-quality gold-copper asset. We welcome the American Creek shareholders to Tudor as we continue to strengthen the company to build on our exploration success and advance Treaty Creek on the path toward production." Darren Blaney, President and CEO of American Creek, commented: "We are very pleased to enter into this Letter of Intent with Tudor. We believe that this amalgamation transaction unlocks significant advantages for our shareholders that have been part of the Treaty Creek project for many years. The most notable advantage for American Creek shareholders is that they will receive a 40% premium to the present market price of their shares and still retain the full future upside potential as the Treaty Creek project advances. We also believe that through the consolidation of our two companies that operating costs will be more efficient and Tudor will be better positioned to secure future exploration and development capital. The consolidated 80% ownership also makes it much more likely that Tudor is able to attract a potential strategic partner to assist in accelerating project development towards production, while at the same time increasing Tudor's attractiveness with respect to becoming a potential takeover target by a larger developer. This is the most logical next step in ensuring that the Treaty Creek project moves forward, and provides additional value to our loyal shareholders. The Treaty Creek project is a world class gold-copper project and we very much look forward to joining with and supporting Tudor in their focused drive to take this project to the next level." Summary of the Transaction The Transaction is expected to be completed by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). Under the terms of the LOI, Tudor will acquire all of the issued and outstanding American Creek Shares in exchange for Tudor Shares on the basis of the Exchange Ratio. Outstanding options and warrants to purchase American Creek Shares will become exercisable to acquire Tudor Shares on the same terms and conditions, on the basis of the Exchange Ratio. Immediately prior to the closing of the Transaction, Tudor and American Creek are expected to have 261,853,823 shares and 475,018,299 shares, respectively, issued and outstanding. On completion of the Transaction, the combined company is expected to have 374,908,178 shares issued and outstanding. No finder's fees are payable by either party. Tudor has agreed with certain insiders of American Creek to settle up to $1,220,773 in severance payments in Tudor Shares at a per share price of $0.537, the 5-day VWAP as of market close on June 6, 2025. The settlement remains subject to approval of the TSX Venture Exchange ("Exchange"). The Transaction will require the approval of: (a) two-thirds of the votes cast by shareholders of American Creek, and, if required, (b) a simple majority of the votes cast by minority American Creek shareholders in accordance with Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), at a special meeting of American Creek shareholders expected to take place in the third quarter of 2025 (the "American Creek Meeting"). MI 61-101 provides that, in certain circumstances, where a "related party" (as defined in MI 61-101) of an issuer is entitled to receive a "collateral benefit" (as defined in MI 61-101) in connection with an arrangement transaction such as the Transaction, such transaction may be considered a "business combination" for the purposes of MI 61-101 and subject to minority shareholder approval requirements. However, there are certain exceptions to these requirements. An independent committee of American Creek's board of directors will conduct a "collateral benefit" assessment and applicable disclosure and any vote exclusions will be disclosed in the information circular for the American Creek Meeting. Completion of the Transaction will be subject to customary closing conditions and receipt of necessary court and regulatory approvals, including Exchange approval. Subject to receipt of all necessary approvals, the Transaction is expected to close by no later than 5:00 p.m. on September 30, 2025 (the "Effective Time"). A copy of the LOI will be filed on Tudor's and American Creek's SEDAR+ profiles at Prior to entering into the Arrangement Agreement, all directors and officers of American Creek will enter into customary support and voting agreements. The LOI provides for the parties to enter into the Arrangement Agreement setting out the final terms and conditions of the Transaction on or before July 14, 2025. The Arrangement Agreement will include provisions such as conditions to closing the Transaction, and representations and warranties and covenants customary for arrangement agreements. Further details with respect to the Transaction will be included in the Arrangement Agreement and in an information circular to be mailed to American Creek shareholders in connection with the American Creek Meeting. Once available, a copy of the Arrangement Agreement will be filed on each of Tudor's and American Creek's SEDAR+ profiles at and a copy of the information circular will be filed on American Creek's SEDAR+ profile at Fairness Opinion and Advisor Prior to entering into the Arrangement Agreement, the disinterested members of the board of directors of American Creek will engage a financial advisor to provide American Creek with an opinion stating that the consideration offered pursuant to the LOI and Arrangement Agreement is fair, from a financial point of view to the holders of American Creek Shares. INFOR Financial Inc. is acting as financial advisor to American Creek. About Tudor Gold Tudor Gold Corp. is a precious and base metals exploration and development company with claims in British Columbia's Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which Tudor has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Newmont Corporation's Brucejack property to the southeast. For further information on Tudor, please visit Tudor's website at or contact: Joseph Ovsenek President & CEO(778) 731-1055 Chris CurranVice President of Investor Relations and Corporate Development(604) 559 8092 Tudor Gold 789, 999 West Hastings StreetVancouver, BCV6C 2W2info@ filings:Tudor Gold Corp.) 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. "Darren Blaney" Darren Blaney, President & CEO For further information on American Creek please contact: Kelvin Burton at: Phone: (403)752-4040 or Email: info@ Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statements regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate to, among other things, statements regarding: the Transaction; the Arrangement Agreement; the receipt of necessary shareholder, court and regulatory approvals for the Transaction; the anticipated timeline for completing the Transaction; the terms and conditions pursuant to which the Transaction will be completed, if at all; the anticipated benefits of the Transaction including, but not limited to Tudor having an 80% interest in the Treaty Creek Project; the combined company; the future financial and operational performance of the combined company; the combined company's exploration and development programs; and potential future revenue and cost synergies resulting from the Transaction. These forward-looking statements are not guarantees of future results and involve risks and uncertainties that may cause actual results to differ materially from the potential results discussed in the forward-looking statements. In respect of the forward-looking statements concerning the Transaction, including the entering into of the Arrangement Agreement, and the anticipated timing for completion of the Transaction including, but not limited to the expectation of Tudor having an 80% interest in the Treaty Creek Project, Tudor and American Creek have relied on certain assumptions that they believe are reasonable at this time, including assumptions as to the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court, shareholder, stock exchange and other third party approvals and the ability of the parties to satisfy, in a timely manner, the other conditions to the completion of the Transaction. This timeline may change for a number of reasons, including unforeseen delays in preparing meeting materials; inability to secure necessary regulatory, court, shareholder, stock exchange or other third-party approvals in the time assumed or the need for additional time to satisfy the other conditions to the completion of the Transaction. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Risks and uncertainties that may cause such differences include but are not limited to: the risk that the Transaction may not be completed on a timely basis, if at all; the conditions to the consummation of the Transaction may not be satisfied; the risk that the Transaction may involve unexpected costs, liabilities or delays; the possibility that legal proceedings may be instituted against the Tudor, American Creek and/or others relating to the Transaction and the outcome of such proceedings; the possible occurrence of an event, change or other circumstance that could result in termination of the Transaction; risks relating to the failure to obtain necessary shareholder and court approval; other risks inherent in the plant-based food industry. Failure to obtain the requisite approvals, or the failure of the parties to otherwise satisfy the conditions to or complete the Transaction, may result in the Transaction not being completed on the proposed terms, or at all. In addition, if the Transaction is not completed, the announcement of the Transaction and the dedication of substantial resources of Tudor and American Creek to the completion of the Transaction could have a material adverse impact on each of Tudor's and American Creek's share price, its current business relationships and on the current and future operations, financial condition, and prospects of each Tudor and American Creek. Tudor and American Creek expressly disclaim any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation. To view the source version of this press release, please visit Sign in to access your portfolio