Mr. Stephen Moses reports
GREAT EAGLE GOLD CORP. ANNOUNCES PRIVATE PLACEMENT
TO EXPAND TOKENIZATION-READY MINERAL PROPERTY PORTFOLIO
Great Eagle Gold Corp. is advancing its role as the premier supplier of NatGold tokens. NatGold's multipatent-pending, proprietary blockchain digital mining process transforms verified in-ground gold resources into a regulatory-compliant, ecofriendly, gold-backed digital asset. Under an exclusive agreement with NatGold Digital to supply the first 2.5 million NatGold tokens, and with a five-year preferential tokenization queuing position, Great Eagle is strategically positioned to lead the supply-side buildout of this disruptive asset class. In support of this mandate, the company is launching a private placement to expand its tokenization-ready portfolio in alignment with NatGold Digital's certification standards -- supporting growing global demand for asset-backed digital commodities.
Great Eagle initiates new private placement financing to advance exclusive role in NatGold ecosystem
Further to its announcement of an exclusive supply agreement with NatGold Digital, Great Eagle has arranged a new non-brokered private placement offering of up to 7.5 million units at a price of 20 cents per unit for gross proceeds of up to $1.5-million. The offering, with a potential overallotment of up to 20 per cent at the company's discretion, will be subject to Canadian Securities Exchange acceptance. All securities issued will adhere to a four-month-and-one-day hold period, as per applicable securities legislation.
Each unit comprises one common share and one-half common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share of the company at an exercise price of 30 cents per share for a period of 12 months from the closing date.
The company may pay a finder's fee in cash, common shares and/or warrants of the company to eligible parties in connection with the offering and in compliance with applicable securities laws.
The net proceeds of the offering will be used for continuing working capital requirements as well as acquisition and due diligence costs associated with pending transactions to acquire additional resource deposits for tokenization.
Steve Moses, president of Great Eagle Gold, commented:
"This financing supports Great Eagle's disciplined approach to building our tokenization-ready asset base. With exclusive rights to supply the first 2.5 million NatGold tokens, we are positioned to acquire gold projects for tokenization that meet NatGold's high technical and compliance standards. Our goal is to cement Great Eagle as the trusted supply gateway to the NatGold ecosystem."
About Great Eagle Gold Corp.
Great Eagle Gold is a publicly traded Canadian company, also listed in the United States and Germany, leading the gold resource supply side of NatGold Digital Ltd.'s revolutionary, patent-pending digital gold mining ecosystem. This innovative approach redefines how gold's value is captured through tokenization -- eliminating extraction and its environmental, social and financial costs through a blockchain-powered, eco-friendly digital mining process.
Great Eagle's strategy is uniquely focused on the supply side of the NatGold ecosystem. By acquiring gold resources that qualify as Certified NatGold Resources, in accordance with NatGold Digital's strict token certification standards, Great Eagle is establishing itself as a key player in this transformative industry -- operating at the intersection of three major global investment trends: gold, ESG (environmental, social and governance) investing and the tokenization of real-world assets.
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