Eagle Plains Resources Ltd. has executed an option agreement with 1416753 BC Ltd. , a subsidiary of NevGold , a BC corporation, whereby 141 may earn a 100% interest in the Acacia, Lost Horse, FinLith, Surprise and Toodoggone Projects. NevGold intends to prepare 141 for a future subsequent going public transaction through either a spin-out, merger, or sale. The projects are owned 100% by Eagle Plains, with certain projects [...]
Eagle Plains Resources Ltd. is pleased to announce the closing of the spin-off transaction and the amalgamation of Eagle Royalties Ltd. and 2513756 Alberta Ltd. to form Eagle Royalties effective May 19, 2023. Pursuant to the Transaction, Eagle Plains shareholders of record as at the close of trading on May 18, 2023 will receive 1 ER share for every 3 EPL shares held. The Transaction is described in further detail in the [...]
Eagle Plains Resources Ltd. is pleased to report that management has been notified by the principals of 1386884 B.C. Ltd. that 138 has successfully completed a private placement offering of subscription receipts for gross proceeds of approximately $3MM. As described in the management information circular dated March 17, 2023, Eagle Royalties Ltd., a subsidiary of Eagle Plains, plans to amalgamate with 138 as a part of a [...]
Eagle Plains Resources Ltd. has executed an option agreement with Amaroq Gold Corp. , a BC corporation, whereby Amaroq may earn up to a 75% interest in the Findlay Project, located 35km NW of Kimberley, BC. The project is owned 100% by Eagle Plains, subject to underlying royalties. Under the terms of the agreement, Amaroq may earn a 60% interest by completing $5,000,000 in exploration expenditures, issuing 1,800,000 [...]
Eagle Plains Resources Ltd. is pleased to announce that has received final approval by the Court of King's Bench of Alberta; a critical step toward the completion a plan of Arrangement under section 193 of the Business Corporations Act to complete the spin-out of over 50 royalty assets of EPL into Eagle Royalties Ltd., as more particularly described in the management information circular dated March 17th, 2023 , which is [...]
Eagle Plains Resources is pleased to announce that its security holders have approved a special resolution put forward before its security holders to approve a plan of arrangement under section 193 of the Business Corporations Act to complete the spin-out of over 50 royalty assets of EPL into Eagle Royalties Ltd., as more particularly described in the management information circular dated March 17th, 2023 , which is [...]
Eagle Plains Resources Ltd. reports that planning is underway for its upcoming 2023 diamond drill program at the 100% owned Vulcan Project. The planned program is expected to commence in mid-June and will include a minimum of 3,000m of diamond drilling at the Hilo & West Basin Zones. The program will be conducted by Terralogic Exploration Inc. of Cranbrook, BC. New Age Drilling Solutions has been contracted to complete [...]
Eagle Plains Resources Ltd. has been notified by option partner Pacific Imperial Mines Inc. that a geophysical team has been mobilized to Eagle Plains' Brownell Lake VMS-polymetallic project, located 17km northwest of the community of Deschambault Lake, Saskatchewan. Under the terms of the agreement, PPM may earn up to a 60% interest in the 1863 ha property by completing $5,000,000 in exploration expenditures, issuing [...]
Eagle Plains Resources Ltd. has acquired a strategic mineral disposition within its' Pine Channel Gold Property tenure that covers the historic Algold Bay mineralization. Apogee Minerals Ltd holds the exclusive option to acquire an 80% interest in the Pine Channel Property. About Algold Bay The Algold Bay tenure has been in good standing since 1979 and covers several Au mineralized showings on the north shore of Lake [...]
Eagle Plains Resources Ltd. has executed an option agreement with Pacific Imperial Mines Inc. whereby PPM may earn up to a 60% interest in the 1863 ha Brownell Lake VMS-polymetallic exploration project located 17km west of the community of Deschambault Lake, Saskatchewan. The project is owned 100% by Eagle Plains, subject to a 2% underlying royalty. Under the terms of the agreement, PPM may earn its interest by completing [...]
Eagle Plains Resources Ltd. is pleased to announce the mailing of its management information circular dated March 17, 2023 and related documents for the special meeting of Eagle Plains securityholders to be held at 9:00 a.m. on April 26, 2023. The meeting is being held in connection with the previously announced plan of arrangement under section 193 of the Business Corporations Act , whereby Eagle Plains will undergo a [...]
Eagle Plains Resources Ltd. and Brunswick Exploration Inc. have executed a formal option agreement whereby Brunswick has the exclusive right to acquire a 100-per-cent interest in the Hanson North lithium project located in Saskatchewan for total consideration of $70,000 in cash, shares or combination of both, and exploration expenditures of $100,000 over a two-year period. Additional milestone payments may occur as a [...]