American Eagle Announces Exercise of All Outstanding 2025 Warrants
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) announces the exercise of all outstanding 2025 warrants, leaving only approximately 470,000 finder's warrants with a $1.04 strike price expiring May 17, 2026. This development streamlines the company's capital structure and strengthens its financial position. The company reports having sufficient funding for up to three more seasons of exploration at their NAK project. CEO Anthony Moreau indicates that drilling and exploration plans for 2025 will be announced in the coming weeks.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) annuncia l'esercizio di tutti i warrant 2025 in circolazione, lasciando solo circa 470.000 warrant per intermediari con un prezzo di esercizio di $1,04 in scadenza il 17 maggio 2026. Questo sviluppo semplifica la struttura capitale della società e rafforza la sua posizione finanziaria. La società riferisce di avere finanziamenti sufficienti per ulteriori tre stagioni di esplorazione nel loro progetto NAK. Il CEO Anthony Moreau indica che i piani di perforazione ed esplorazione per il 2025 saranno annunciati nelle prossime settimane.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) anuncia el ejercicio de todas las opciones de compra de 2025, quedando solo aproximadamente 470,000 opciones para intermediarios con un precio de ejercicio de $1.04 que expirarán el 17 de mayo de 2026. Este desarrollo simplifica la estructura de capital de la empresa y fortalece su posición financiera. La empresa informa que tiene suficiente financiamiento para hasta tres temporadas más de exploración en su proyecto NAK. El CEO Anthony Moreau indica que los planes de perforación y exploración para 2025 serán anunciados en las próximas semanas.
아메리칸 이글 골드 (TSXV: AE) (OTCQB: AMEGF)는 2025년 보증서를 모두 행사했다고 발표하며, 2026년 5월 17일 만료되는 $1.04의 행사가격을 가진 약 470,000개의 중개인 보증서만 남겨두었습니다. 이번 개발은 회사의 자본 구조를 간소화하고 재무 상태를 강화합니다. 회사는 NAK 프로젝트에서 향후 3개 시즌의 탐사에 충분한 자금을 확보하고 있다고 보고했습니다. CEO인 앤서니 모로는 2025년의 시추 및 탐사 계획이 몇 주 내에 발표될 것이라고 밝혔습니다.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) annonce l'exercice de tous les bons de souscription 2025 en circulation, ne laissant que 470 000 bons de souscription pour intermédiaires avec un prix d'exercice de 1,04 $ expirant le 17 mai 2026. Ce développement simplifie la structure du capital de l'entreprise et renforce sa position financière. L'entreprise fait état d'un financement suffisant pour jusqu'à trois saisons supplémentaires d'exploration de son projet NAK. Le PDG Anthony Moreau indique que les plans de forage et d'exploration pour 2025 seront annoncés dans les semaines à venir.
American Eagle Gold (TSXV: AE) (OTCQB: AMEGF) gibt die Ausübung aller ausstehenden Warrants 2025 bekannt, wodurch nur noch etwa 470.000 Finder-Warrants mit einem Ausübungspreis von 1,04 $ bleiben, die am 17. Mai 2026 auslaufen. Diese Entwicklung strafft die Kapitalstruktur des Unternehmens und stärkt seine finanzielle Position. Das Unternehmen berichtet, dass es über ausreichende Mittel für bis zu drei weitere Erkundungssaisons in ihrem NAK-Projekt verfügt. CEO Anthony Moreau gibt an, dass die Bohr- und Erkundungspläne für 2025 in den kommenden Wochen bekannt gegeben werden.
- Complete exercise of all 2025 warrants, simplifying capital structure
- Secured funding for three more exploration seasons
- Only 470,000 finder's warrants remain outstanding
- None.
Toronto, Ontario--(Newsfile Corp. - January 28, 2025) - American Eagle Gold Corp. (TSXV: AE) (OTCQB: AMEGF) ("American Eagle" or the "Company") is pleased to announce that there are no remaining 2025 warrants outstanding. With the exercise of these 2025 warrants, the only existing warrants left within the Company are approximately 470,000 finder's warrants outstanding with a strike price of
"We are pleased to announce that we have no more 2025 warrants outstanding, which cleans up our capital structure and strengthens our position. We thank our shareholders for their continued support through this latest warrant exercise as we enter 2025 on firm footing and funding to execute up to three more seasons of exploration. This gives us a clear path to de-risk the project and outline the potential for NAK. We look forward to announcing our drilling and exploration plans for 2025 in the coming weeks," said CEO Anthony Moreau.
About American Eagle's NAK Project
The NAK Project lies within the Babine copper-gold porphyry district of central British Columbia. It has excellent infrastructure through all-season roads and is close to the towns of Smithers, Houston, and Burns Lake, B.C., which lie along a major rail line and Provincial Highway 16. Historical drilling and geophysical, geological, and geochemical work at NAK, which began in the 1960's, tested only to shallow depths. Still, the work revealed a very large near-surface copper-gold system that measures over 1.5 km x 1.5 km. Drilling completed in 2022, 2023, and 2024 by American Eagle has returned significant intervals of high-grade copper-gold mineralization that reach beyond and much deeper than the historical drilling, indicating that zones of near-surface and deeper mineralization, locally with considerably higher grades, exist within the broader NAK property mineralizing system.
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About American Eagle Gold Corp.
American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The Company benefits from over
Forward-Looking Statements
Certain information in this press release may contain forward-looking statements. Forward-looking statements in this press release include, but are not limited to, statements regarding whether the Company will be able to complete the Offering as anticipated, the receipt of regulatory approval, including the approval of the TSX Venture Exchange, to complete the Offering, the intended use of proceeds and intended drill program or its anticipated results at the Company's NAK project, the ability of the Company to make the qualifying expenditures as anticipated by management, and other matters ancillary or incidental to the foregoing. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Therefore, actual results might differ materially from those suggested in forward-looking statements. American Eagle Gold Corp. assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to American Eagle Gold Corp. Additional information identifying risks and uncertainties is contained in filings by American Eagle Gold Corp. with Canadian securities regulators, which filings are available under American Eagle Gold Corp. profile at www.sedarplus.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the TSX Venture Exchange policies) accept responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238622
FAQ
What happened to American Eagle Gold's (AMEGF) 2025 warrants?
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What is the strike price of American Eagle Gold's (AMEGF) remaining warrants?
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When will American Eagle Gold (AMEGF) announce its 2025 drilling plans?
