EagleOne Metals Secures OTCQB Listing And Advances Private Placement Financing

By Mining Hub News Desk
26 August 2026, 12:31 p.m. EDT 2 min read
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Source: EagleOne Metals

EagleOne Metals Corporation has commenced trading its common shares on the OTCQB Venture Market in the United States under the symbol EGLMF, broadening its corporate reach as the company finalises a non-brokered private placement.

The trading milestone expands U.S. investor access and visibility for EagleOne. Alongside the OTCQB listing, EagleOne is also pursuing Depository Trust Company eligibility.

Funds raised from the financing will directly support corporate development and project work. Specifically, proceeds from the offering are allocated to fund the initial payment under the amended Poison Springs acquisition agreement, continue advancing the Poison Springs Project, support ongoing corporate development initiatives, and provide general working capital.

EagleOne intends to issue 682,666 units at a price of $0.30 per unit to raise gross proceeds of approximately $204,800. Each unit comprises one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to buy an additional share at $0.60 for two years.

The company holds the option to accelerate the expiry date of the warrants if common share trading prices on the Canadian Securities Exchange reach or exceed $1.00 for five consecutive trading days, subject to a four-month and one-day hold period following the closing date. The offering is expected to close on or about September 2, 2026, pending necessary regulatory and exchange approvals.

"Today's OTCQB listing represents a major milestone in EagleOne's evolution as a public company. Over the past year we have focused on building a strong corporate foundation, enhancing our governance and positioning the Company to attract a broader North American investor base. Trading on the OTCQB significantly improves our visibility and accessibility within the U.S. market and is an important step as we continue advancing our portfolio of exploration assets."

"Combined with the successful completion of our financing, we believe EagleOne is entering an exciting new phase of growth. We remain committed to creating long-term shareholder value through disciplined capital management, strategic acquisitions and responsible exploration."

— Matthew Markin, Chief Executive Officer

Read the full announcement: EagleOne Metals Achieves OTCQB Listing and Provides Update on Private Placement