AMEGF
American Eagle Gold Corp.·Basic Materials
0.85
1.163%(−0.01)
Market ClosedLast Updated: — ET
52W L: $0.3252W H: $1.01
AMEGF NEWS
newsfilecorp.com
2d ago
American Eagle Announces Closing of $10.9 Million Investment backed by Teck and South32
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, Exploration of American Eagle Toronto, Ontario--(Newsfile Corp. - April 9, 2026) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement offering of 9,650,550 common shares issued on a premium flow-through basis (each, a "FT Share") at a price of C$1.1319 per FT Share for gross proceeds of C$10,923,458 (the "Offering"). Teck Resources Limited ("Teck") maintained its 12.9% interest in the Company, through the acquisition of 3,797,058 common shares ("Common Shares") underlying the Offering at a back-end price of $0.77 per Common Share, and a wholly-owned subsidiary of South32 Ltd ("South32") maintained its 19.9% interest in the Company, through the acquisition of 5,853,492 Common Shares underlying the Offering at a back-end price of $0.77 per Common Share.
feeds.newsfilecorp.com
Mar 31
American Eagle to Materially Increase 2026 Drill Program, Including Year-Round Drilling
Highlights: The 2026 exploration season is to commence in April, with more than 50,000 metres of drilling plannedOver $55 million
feeds.newsfilecorp.com
Mar 20
American Eagle Announces Closing of $23 Million Strategic Investment backed by Eric Sprott
Highlights:The investment adds a third strategic investor, when combined with investments by mining companies South32 and Teck Concurrent offering with
newsfilecorp.com
Mar 11
American Eagle Announces Exercise of Participation Rights by South32 and Teck, Updates Details of Recently Announced Financing
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.
newsfilecorp.com
Feb 27
American Eagle Announces $23 Million Strategic Investment Backed by Eric Sprott
Highlights: The investment adds a third strategic investor, when combined with investments by mining companies South32 Group Operations PTY Ltd. and Teck Resources Limited The Offering funds significantly expanded drill programs for 2026 and 2027 at the Company's NAK copper-gold porphyry project (the "Nak") near Smithers, BC No warrants will be issued in connection with the Offering American Eagle will issue these shares at $1.20 CAD Toronto, Ontario--(Newsfile Corp. - February 27, 2026) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce that it intends to complete a financing for aggregate gross proceeds up to C$34,540,000, consisting of approximately: (i) up to 19,200,000 common shares to be issued on a premium flow-through basis (each, an "FT Share") at a price of C$1.20 per FT Share ("Charity FT Offering") for proceeds of C$23,040,000; and (ii) up to 14,935,065 common shares (each, a "Share") at a price of C$0.77 per Share for proceeds of up to C$11,500,000 (the "Concurrent Offering" and with the Charity FT Offering are the "Offering").
newsfilecorp.com
Feb 27
American Eagle Expands South Zone 750 Metres to the East and Further Demonstrates Continuity Within High-Grade Core, Intersecting 618 Metres of 0.77% CuEq from Surface
Highlights: 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.
