Corporate and Exploration Update from American Eagle Gold

May 20, 2024

Company

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 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.

View all podcast by Mining Stock Daily

Corporate and Exploration Update from American Eagle Gold

Subscribe for Clear Insights

More Clear Commentary:

Will a New Gold & Silver Royalty Company Work in This Market? | Summit Royalties CEO Interview

Founders Metals - $50M Gold Fields Investment, Expanded Land Package, >60,000M Of Drilling

Aldebaran Resources: Moving Altar Forward with Resource Conversion

Heliostar Metals - Strong Q3 Production, High-Grade Drill Results & Advancing Ana Paula Toward Development

Dakota Gold – Exploration Results From The Richmond Hill Project Demonstrate Higher Average Gold Grades In The Northeast Corner

Thor Explorations – Q3 2025 Operations From The Segilola Mine – Exploration Update At Segilola, Douta, Guitry, and Marahui Projects