06:21:16 EDT Fri 05 Jun 2026
Enter Symbol
or Name
USA
CA



Eagleone Metals Corp
Symbol EAGL
Shares Issued 38,992,000
Close 2026-02-13 C$ 0.57
Market Cap C$ 22,225,440
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Eagleone hires market-maker, arranges $240K placement

2026-02-17 12:43 ET - News Release

Mr. Matthew Markin reports

EAGLEONE METALS CORPORATION SIGNS MARKET MAKING AGREEMENT, ANNOUNCES $240,000 FINANCING

Eagleone Metals Corp. has entered into an agreement with Venture Liquidity Providers Inc., pursuant to which VLP has agreed to provide market-making services to the company in accordance with the policies of the Canadian Securities Exchange (the CSE) and applicable laws. VLP will trade shares of the company on the CSE and other applicable trading venues to maintain a reasonable market and improve market liquidity for the company's common shares. The agreement's effective date is Feb. 17, 2026, with an initial term of three months, which will automatically extend for successive one-month terms, unless terminated by either party upon notice. In consideration of VLP's services, Eagleone will pay it compensation of $5,000 per month. VLP will not receive shares, options, or other securities as compensation and capital used for market making will be provided by VLP solely. VLP and the company are unaffiliated entities.

Private placement

Eagleone also announces that is undertaking a non-brokered private placement of up to 400,000 units of the company at a price of 60 cents per unit for total gross proceeds to the company of up to $240,000. Each unit will consist of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to acquire an additional share at a price of 80 cents for a period of two years, subject to Eagleone's right to accelerate the expiry date of the warrants if the trading price of the Eagleone's common shares equals or exceeds $1.00 for a period of five consecutive trading days. The proceeds of the financing will be used for property agreement payments, marketing and general working capital.

Insiders may participate in the financing including subscriptions from related parties of the company as defined in Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions. The participation of Insiders in the financing shall be exempt from formal valuation and minority shareholder approval requirements as the purchase of securities shall not exceed 25 per cent of the company's market capitalization, pursuant to exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101.

The securities issued in the financing will be subject to a hold period under applicable securities laws in Canada, expiring four months and one day from the closing date. The financing shall be subject the acceptance of the CSE.

About Eagleone Metals Corp.

Eagleone is a Canadian-based precious and base metal explorer that holds the option to acquire a 100-per-cent interest, subject to a 2-per-cent net smelter returns royalty, in 11 claims comprising the Magusi West gold project, which is located in Abitibi greenstone belt of Quebec -- one of the world's most productive and highest-ranked gold mining jurisdictions. The company seeks to unlock shareholder value through the diligent exploration of carefully selected exploration projects in some of Canada's most prolific exploration and mining areas. Eagleone is committed to all stakeholders including shareholders, all its partners and the environment in which it operates.

We seek Safe Harbor.

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