Vancouver, British Columbia–(Newsfile Corp. – September 2, 2026) – EagleOne Metals Corporation (CSE: EAGL) (FSE: IJ2) (“EagleOne” or the “Company”) further to its news releases dated February 17, 2026 and August 26, 2026, is pleased to provide an update regarding its previously announced non-brokered private placement (the “Private Placement“).
The Company now intends to issue up to 750,666 units (the “Units“) at a price of $0.30 per Unit for aggregate gross proceeds of up to $225,199.80, an increase from the 682,666 Units for gross proceeds of approximately $204,800 most recently announced on August 26, 2026.
Each Unit will consist of one common share of the Company (a “Share“) and one-half of one common share purchase warrant (each whole warrant, a “Warrant“). Each Warrant will entitle the holder to acquire one additional Share at a price of $0.60 per Share for a period of two years from the date of issuance.
The Company will have the right to accelerate the expiry date of the Warrants if the trading price of the Company’s common shares on the Canadian Securities Exchange (the “CSE“) equals or exceeds $1.00 for five consecutive trading days, provided that the acceleration may not occur until at least four months and one day following the closing date of the Private Placement. In such event, the Company may accelerate the expiry date by issuing a news release, following which the Warrants will expire on the 30th calendar day after the date of such news release.
The Company intends to use the proceeds of the Private Placement to support ongoing corporate development initiatives and for general working capital.
No finder’s fees or commissions are expected to be paid in connection with the Private Placement.
Closing of the Private Placement is expected to occur on or about September 11, 2026, and is subject to certain conditions, including acceptance by the CSE. All securities issued pursuant to the Private Placement will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable securities laws.
About EagleOne Metals Corporation
EagleOne Metals Corporation is a Canadian mineral exploration company focused on the acquisition and development of high-quality critical mineral and uranium projects in North America. The Company is committed to creating long-term shareholder value through disciplined project evaluation, strategic acquisitions and responsible exploration.
ON BEHALF OF THE BOARD
Matthew Markin
President & CEO
E: mmarkin@eagleonemetals.com
Not for distribution to United States newswire services or for dissemination in the United States.
Neither the CSE nor its Market Regulator (as that term is defined in CSE policies) accepts responsibility for the adequacy or accuracy of this news release.
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws (collectively, “forward-looking information”), including statements regarding: the completion and anticipated timing of closing of the Private Placement; the amount of proceeds to be raised under the Private Placement; the intended use of proceeds of the Private Placement; the Company’s ability to make the initial payment under the amended Poison Springs acquisition agreement; and the advancement of the Poison Springs Project.
Forward-looking information is based on assumptions that management believes are reasonable as of the date of this news release, including assumptions regarding the completion of the Private Placement on the terms announced, the availability of financing and the timely receipt of required regulatory.
Forward-looking information is inherently subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including risks related to the completion of the Private Placement; capital markets conditions and access to financing; regulatory requirements and approvals, including CSE acceptance; exploration and geological uncertainty; commodity price volatility; reliance on third parties; the Company’s ability to complete its obligations under the amended Poison Springs acquisition agreement; and the other risk factors described in the Company’s public filings. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update forward-looking information except as required by law.
Source: https://www.newsfilecorp.com/release/312719/EagleOne-Metals-Provides-Update-on-Private-Placement
