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

More Clear Commentary:

Cover for Valkea Resources - Exploration Update In Finland’s Central Lapland Greenstone Belt: Drilling at Paana Project, Retains 100% Ownership Of Palvanen Project

Valkea Resources - Exploration Update In Finland’s Central Lapland Greenstone Belt: Drilling at Paana Project, Retains 100% Ownership Of Palvanen Project

Aztec Minerals Provides Exploration Update from Tombstone Project

American Eagle Gold Receives $29M from South32 in Strategic Investment

Cover for Dryden Gold – More High-Grade Gold Intercepts Returned At Elora Area Of The Gold Rock Camp, District-Scale Potential Including Sherridon And Hyndman Areas

Dryden Gold – More High-Grade Gold Intercepts Returned At Elora Area Of The Gold Rock Camp, District-Scale Potential Including Sherridon And Hyndman Areas

Cover for Kenorland Minerals - Drill Results From Fortet, Sumitomo Advancing Fortet, Newmont Phase 2 Earn-In Drill Program At The Chebistuan Project

Corporate and Exploration Update from American Eagle Gold

More Clear Commentary:

Valkea Resources - Exploration Update In Finland’s Central Lapland Greenstone Belt: Drilling at Paana Project, Retains 100% Ownership Of Palvanen Project

Aztec Minerals Provides Exploration Update from Tombstone Project

American Eagle Gold Receives $29M from South32 in Strategic Investment

Dryden Gold – More High-Grade Gold Intercepts Returned At Elora Area Of The Gold Rock Camp, District-Scale Potential Including Sherridon And Hyndman Areas

Kenorland Minerals - Drill Results From Fortet, Sumitomo Advancing Fortet, Newmont Phase 2 Earn-In Drill Program At The Chebistuan Project

Liberty Gold – Key Value Drivers At The Black Pine And Goldstrike Gold Projects In The Great Basin

Subscribe for Clear Insights