Mr. Anthony Moreau reports

AMERICAN EAGLE ANNOUNCES EXERCISE OF ALL OUTSTANDING 2025 WARRANTS

There are no remaining American Eagle Gold Corp. 2025 warrants outstanding. With the exercise of these 2025 warrants, the only existing warrants left within the company are approximately 470,000 finders' warrants outstanding with a strike price of $1.04 expiring May 17, 2026.

"We are pleased to announce that we have no more 2025 warrants outstanding, which cleans up our capital structure and strengthens our position. We thank our shareholders for their continued support through this latest warrant exercise as we enter 2025 on firm footing and funding to execute up to three more seasons of exploration. This gives us a clear path to derisk the project and outline the potential for NAK. We look forward to announcing our drilling and exploration plans for 2025 in the coming weeks," said chief executive officer Anthony Moreau.

About American Eagle Gold Corp.

American Eagle is dedicated to advancing its NAK copper-gold porphyry project in west-central British Columbia, Canada. The company benefits from over $37-million in cash, bolstered by two strategic equity partnerships formed in the past two years with Teck Resources and South32. With substantial financial and technical resources, American Eagle is well positioned to drill, derisk and define the full potential of the NAK copper-gold porphyry project.

We seek Safe Harbor.