American Eagle Gold closes C$10.9 million flow-through private placement backed by Teck, South32

Reuters04-09 19:54
<a href="https://laohu8.com/S/AMEGF">American Eagle Gold</a> closes C$10.9 million flow-through private placement backed by Teck, South32
  • American Eagle Gold closed non-brokered private placement of 9,650,550 flow-through shares for gross proceeds of C$10.9 million.
  • Teck bought 3,797,058 underlying common shares at back-end price of $0.77 to keep a 12.9% stake.
  • South32 subsidiary bought 5,853,492 underlying common shares at back-end price of $0.77 to keep a 19.9% stake.
  • Cash balance rose to C$55 million, positioning company to fund expanded drilling at NAK in 2026-2027.
  • Shares outstanding total 202,272,037 following closing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. American Eagle Gold Corp. published the original content used to generate this news brief on April 09, 2026, and is solely responsible for the information contained therein.

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