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Cover for Corporate and Exploration Update from American Eagle Gold

Corporate and Exploration Update from American Eagle Gold

May 20, 2024
  • Company
Mining Stock Daily
By Mining Stock Daily
Mining Stock Daily

American Eagle Gold has closed an $8.2 million private placement and welcomed a new board member.

CEO Anthony Moreau explains the timing of the financing and the benefits it brings to the company.

The financing allows American Eagle Gold to fully fund its 15,000 meter drill program and be financially secure until 2025.

The company raised the funds through a friendly deal with existing shareholders, avoiding any overhang on the stock.

Mining Stock Daily
Mining Stock Daily
Mining Stock Daily is a news-style briefing delivering the day's most important information out of the junior mining and mineral exploration sector. Content is published throughout the world on a dozen different platforms.
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