American Eagle Gold Corp.

Toronto, Ontario--(Newsfile Corp. - September 8, 2026) - American Eagle Gold Corp. (TSXV: AE) ("American Eagle" or the "Company") is pleased to announce that it has closed the previously announced top-up investment by a wholly owned subsidiary of South32 Limited ("South32") (the "Offering"), announced on August 17, 2026 (view news release here).The Company issued 660,000 common shares ("Shares") at a price of C$1.09 per share for gross proceeds of C$719,400. The Shares were issued under South32's top-up right in the investor rights agreement dated November 26, 2024 (the "South32 IRA"), which e...

Highlights:NAK26-89 returned 411 metres of 0.43% copper equivalent (CuEq) from 47 metres downhole, within a broader interval of 880 metres of 0.30% CuEq, with mineralization remaining open. NAK26-89 connects with NAK25-62's 140 metres of 0.74% CuEq, extending near-surface mineralization 250 metres east of the South Zone and beyond the currently defined zones.The hole is this drill season's first test of the southern margin of the Babine porphyry stock, among the least-drilled and most prospective ground at NAK.One of the Company's three drill rigs is now dedicated to this area, with multiple...

Highlights:NAK26-87 intersected 1,001 metres of 0.46% copper equivalent (CuEq) starting at surface, including 218 metres of 1.01% CuEq, a full kilometre of continuous copper-gold mineralization and the longest mineralized intercept ever drilled at NAK.Kilometre-long intercepts of copper and gold are rare in global exploration, and those beginning at surface are rarer still. NAK delivers both at a road-accessible project near established infrastructure in British Columbia's Babine Porphyry District.NAK26-87 steps out 150 metres northwest of NAK25-78, which returned 802 metres of 0.71% CuEq from...