American Eagle Gold Corp. announced that it has received CAD 33.963458 million in funding from South32 Limited, Teck Resources Limited, 2176423 Ontario Ltd.

On April 9, 2026, American Eagle Gold Corp. closed the transaction. The company announced that it has issued 9,650,550 common shares issued on a premium flow-through price of CAD 1.1319 per FT Share for gross proceeds of CAD 10,923,458 in final tranche.

All securities issued in connection with the Offering are subject to a four-month hold period, which expires on August 10, 2026. Following the completion of the Offering, the Corporation has 202,272,037 Common Shares issued and outstanding. No warrants were included in the Offering or in the Sprott Offering.

Completion of the Offering remains subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals, including final acceptance of the TSX Venture Exchange.