Highlights: Financing confirms valuation: Pacific Booker launched a financing on April 30 at an implied net price of approximately $1.75 per share - effectively the same price as American Eagle's offer of $1.76 - yet management continues to characterize the Offer as opportunistic. This contradiction speaks for itself. Offer represents a near four-year high: The Offer price delivered a premium across multiple trading [...]
Highlights: Compelling offer: Pacific Booker shareholders will receive 1.41 American Eagle common shares for each Pacific Booker share held. Lake Babine Nation support: American Eagle has the support of Lake Babine Nation to pursue the acquisition and reset engagement on the Morrison Project. District-scale consolidation: Combines the NAK and Morrison Projects into a unified Babine District platform with strong regional [...]
Highlights Teck and South 32 maintain their equity ownership in American Eagle American Eagle 's cash balance increases to $55 million Four cornerstone investors: South32, Teck, Eric Sprott, and Ore Group currently hold approximately 53 percent of American Eagle's outstanding shares The 2026 exploration season is to commence in April, with more than 50,000 metres of drilling planned Neil Prowse appointed Vice President [...]
Highlights: The 2026 exploration season is to commence in April, with more than 50,000 metres of drilling planned Over $55 million in proforma cash to fund NAK's exploration Four cornerstone investors: South32, Teck Resources Ltd. , Eric Sprott, and Ore Group currently hold over 50 percent of American Eagle's outstanding shares Mineral Resource Estimate and Preliminary Economic Assessment to begin in 2027 [...]
Highlights: The investment adds a third strategic investor, when combined with investments by mining companies South32 and Teck Concurrent offering with South32 and Teck expected to close on or about April 9, 2026 American Eagle Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement offering of 19,200,000 common shares issued on a premium flow-through basis at a price [...]
Highlights: South32 and Teck will maintain their equity ownership in American Eagle Gold. Including Eric Sprott's private placement, American Eagle Gold's cash balance will increase by $34 million to more than $55 million upon close of this financing. Eric Sprott, South32 and Teck are the sole participants in this financing. The average price per FT Share is C$1.18. American Eagle Gold will spend at least $34 million on [...]
Highlights: The investment adds a third strategic investor, when combined with investments by mining companies South32 Group Operations PTY Ltd. and Teck Resources Ltd. The Offering funds significantly expanded drill programs for 2026 and 2027 at the Company's NAK copper-gold porphyry project near Smithers, BC No warrants will be issued in connection with the Offering American Eagle will issue these shares at $1.20 CAD [...]
618 m of 0.77% CuEq from surface in NAK25-80, linking high grade, at-surface gold rich mineralization to high-grade core at depth. Continuity from surface to depth: NAK25-80 builds on prior long-intervals, including NAK25-78: 802 m of 0.71% CuEq from surface, and strengthens confidence in thickness and continuity of the South Zone mineralization. Material step-out growth: NAK25-73/75/79/80 extend the South Zone corridor [...]
A broad zone of mineralization intersected within rocks of the Babine porphyry stock, previously interpreted to be barren; NAK mineralized system has significantly expanded. Prospective footprint effectively quadrupled, with porphyry Cu-Au-Mo mineralization now demonstrated throughout a large volume of the Babine porphyry stock. NAK25-70: 901 m of 0.43% CuEq from surface, including 521 m of 0.58% CuEq, confirming strong [...]
American Eagle Gold is pleased to announce that it will be exhibiting at the Prospector's and Developers International Convention being held March 1st - 4th, 2026 at the Metro Toronto Convention Centre in Toronto. The Company will also participate in Ore Day 2026, a private investor event hosted by Ore Group on February 28th in Toronto. Ore Day 2026 American Eagle will participate in Ore Day 2026 on Saturday, Feb 28 at [...]
American Eagle Gold is pleased to report one of the strongest drill results to date at its 100% owned NAK Project, highlighting a very wide, near-surface, high-grade interval that demonstrates continuous mineralization from surface to depth and materially expands the scale and coherence of the South Zone. Drill hole NAK25-78 intersected 802 m of 0.71% Copper Equivalent from surface, including 375 m of 1.01% CuEq beginning [...]
American Eagle Gold is pleased to announce drill results that further expand the South Zone at its NAK copper-gold project. Holes NAK25-55 and NAK25-62 extend shallow mineralization nearly 150 meters east-southeast, while NAK25-69 and NAK25-72 expand it 150 meters to the west-southwest. Notably, NAK25-55 and -62 highlight near-surface mineralization along the southern edge of the Babine porphyry stock shown in Figure 1 [...]