EagleOne Metals raises private placement ceiling to $225,199

EagleOne Metals Corporation (CSE: EAGL) (FSE: IJ2) has increased the size of its previously announced non-brokered private placement, according to a company statement.

The Canadian mineral exploration company now intends to issue up to 750,666 units at $0.30 per unit, raising the maximum gross proceeds to $225,199.80. This is up from the 682,666 units targeting approximately $204,800 that was announced on August 26, 2026.

Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one additional share at $0.60 for two years from the date of issuance.

The company retains the right to accelerate the warrant expiry date if its common shares trade at or above $1.00 on the Canadian Securities Exchange for five consecutive trading days, provided at least four months and one day have passed since the placement closing date. In that case, warrants would expire 30 calendar days after a related news release.

Proceeds are intended for corporate development initiatives and general working capital. No finder's fees or commissions are expected to be paid.

Closing is expected on or about September 11, 2026, subject to CSE acceptance. All securities issued will carry a statutory hold period of four months and one day from issuance.

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