American Eagle Gold Corp.

American Eagle Gold Corp. confirms that drilling is now underway at its NAK copper-gold porphyry project in central British Columbia. Two diamond drill rigs are on site and turning, with the first holes of the 2026 campaign already in progress. A third rig is expected to be mobilized to site on or about May 25, 2026. With more than 50,000 metres planned across the current drill season, which is expected to run through [...]

Highlights: Drilling commences May 14 with three drill rigs Phase 1 comprises 32 holes totalling 23,000 m, focusing on expansion drilling to increase the delineated footprint of mineralization Phase 1 is 100% skid-accessed drilling utilizing existing trail network Additional drill rigs on standby to accelerate the program as the season progresses Phase 2 infill and expansion drilling anticipated to add ~30,000 m from [...]

American Eagle Gold Corp. is pleased to acknowledge the Lake Babine Nation's expressed support for American Eagle Gold's proposed acquisition of Pacific Booker Minerals Inc. , and welcomes the opportunity to meaningfully re-engage on the Morrison Project. Please View Lake Babine Nation News Release of Support "We are honoured by the trust placed in us by Chief Wilf, the Lake Babine Nation Council, and the broader [...]

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 [...]