American Eagle Gold Corp. Strengthens Financial Position with Successful Private Placement

Toronto, Ontario — American Eagle Gold Corp. (TSXV: AE), a materials sector company specializing in gold exploration and mining, has announced the successful closure of a private placement, significantly bolstering its financial standing. The company, based in Toronto, Canada, and listed on the TSX Venture Exchange, has completed the sale of 1,156,000 charity flow-through common shares at a price of C$0.71 per share, resulting in gross proceeds of approximately C$820,000.

The private placement was strategically acquired by South32 Limited, a major player in the mining industry, which acted as the end buyer. This transaction has strengthened American Eagle’s balance sheet to over C$36 million, providing the company with enhanced financial flexibility to support its ongoing and future exploration activities.

In addition to the financial boost, American Eagle’s drill program is progressing well, with two holes already completed and two more underway. The company is also considering the expansion of its drilling program, potentially deploying a third rig, to further advance its exploration efforts. This expansion is supported by advanced exploration targeting, utilizing new magnetic survey data to identify promising areas for gold discovery.

American Eagle Gold Corp. continues to focus on exploring and developing gold projects globally, leveraging its strengthened financial position to pursue strategic opportunities in the gold exploration sector. For more information, visit www.americaneaglegold.ca .

Goldshore Resources Secures Full Ownership of Moss Gold Project

In a significant development for Goldshore Resources Inc. (GSHR:TSX.V; GSHRF:OTCQB; 8X00:FWB), the company has successfully repurchased a 1% Net Smelter Return (NSR) royalty on all metal production from its Moss Gold Project in Ontario. This transaction, valued at US$7.5 million, includes a US$5.5 million cash payment and the issuance of 3,333,333 common shares at a deemed price of US$0.60 per share. The closing of this transaction is anticipated on July 21, 2025.

The repurchase of the NSR royalty marks a crucial step in consolidating Goldshore’s ownership of the Moss Gold Project, setting the stage for an upcoming economic study and supporting the company’s drilling success. This strategic move is expected to enhance Goldshore’s operational control and financial returns from the project, further solidifying its position in the gold exploration sector.