American Eagle Gold Shares Up on C$34.5M Financing

Dow Jones
03/03
 

By Adriano Marchese

 

American Eagle Gold shares are up after the company said it is set to raise up to 34.5 million Canadian dollars ($25.3 million) in a two-part financing that brings Eric Sprott in as a major new backer.

Shares surged 26% to C$1.18.

The TSX Venture-listed miner said Monday that it intends to complete a financing which includes issuing 19.2 million common shares on a premium flow-through basis at a price of C$1.20 a share and up to 14.9 million common shares at a price of C$0.77 apiece.

As part of the financing, Canadian precious metals investor Sprott -through a corporation beneficially owned and controlled by him - has agreed to acquire a stake of about 9.9% in American Eagle.

The company will use the new money to advance its NAK Project, which is located in central British Columbia.

American Eagle has previously agreed to grant South32 Group Operations and Teck Resources certain investor rights, which include an equity participation right in equity financings among others.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

March 02, 2026 11:48 ET (16:48 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10