Corporate and Exploration Update from American Eagle Gold

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.

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Mining Stock Daily is a brief overview of finance and resource exploration news from the world's mining and metals sector. Mining Stock Daily is a quick overview of the day's most important sector information for both precious and base metals, including market trends and analysis.