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American Eagle Gold Corp. (TSXV:AE) announces $2M private placement

Mining, The Market Online Deal Room
TSXV:AE
10 January 2023 08:30 (EDT)

Source: American Eagle Gold.

American Eagle Gold Corp. (AE) has announced a non-brokered private placement for gross proceeds of $2,000,000.‎

 The offering consists of 10,000,000 units at a price of C$0.20 per unit.  Each unit will consist of one common share and one-half of one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of C$0.30 at any time two years from the closing of the offering.

Proceeds will be used for general working capital purposes and exploration work at the company’s NAK project located in central British Columbia.

The offering is expected to close on or about January 31, 2023.

The company may pay a finder’s fee or commission of up to six per cent in cash and convertible securities equal to six per cent of the securities sold under the offering.

American Eagle Gold is focused on exploring for world-class gold and copper deposits in North America.

American Eagle Gold Corp. (AE) opened trading at C$0.23.


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