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Eagle Royalties Extends Warrants

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Eagle Royalties Ltd. (CSE:ER.CN) has received approval from the Canadian Securities Exchange to modify the terms of 5,005,998 outstanding common share purchase warrants. These warrants were originally issued as part of a non-brokered private placement in May 2023. The company will extend the warrants' expiration date by 12 months, moving it from May 19, 2025 to May 19, 2026. The exercise price will remain unchanged at $0.50 per warrant.

Eagle Royalties Ltd. (CSE:ER.CN) ha ottenuto l'approvazione dalla Canadian Securities Exchange per modificare i termini di 5.005.998 warrant di acquisto di azioni ordinarie in circolazione. Questi warrant erano stati emessi originariamente nell'ambito di un collocamento privato senza intermediari nel maggio 2023. La società estenderà la data di scadenza dei warrant di 12 mesi, spostandola dal 19 maggio 2025 al 19 maggio 2026. Il prezzo di esercizio resterà invariato a 0,50 $ per warrant.

Eagle Royalties Ltd. (CSE:ER.CN) ha recibido la aprobación de la Canadian Securities Exchange para modificar los términos de 5.005.998 garantías de compra de acciones ordinarias en circulación. Estas garantías fueron emitidas originalmente como parte de una colocación privada sin intermediarios en mayo de 2023. La compañía extenderá la fecha de vencimiento de las garantías por 12 meses, trasladándola del 19 de mayo de 2025 al 19 de mayo de 2026. El precio de ejercicio permanecerá sin cambios en $0.50 por garantía.

Eagle Royalties Ltd. (CSE:ER.CN)는 캐나다 증권 거래소로부터 5,005,998개의 미결제 보통주 매수 워런트 조건을 변경하는 승인을 받았습니다. 이 워런트는 2023년 5월 비중개인 사모 발행의 일부로 원래 발행되었습니다. 회사는 워런트의 만료일을 12개월 연장하여 2025년 5월 19일에서 2026년 5월 19일로 변경할 예정입니다. 행사가격은 워런트당 $0.50로 변동 없이 유지됩니다.

Eagle Royalties Ltd. (CSE:ER.CN) a obtenu l'approbation de la Canadian Securities Exchange pour modifier les termes de 5 005 998 bons de souscription d'actions ordinaires en circulation. Ces bons avaient été émis à l'origine dans le cadre d'un placement privé sans courtier en mai 2023. La société prolongera la date d'expiration des bons de 12 mois, la reportant du 19 mai 2025 au 19 mai 2026. Le prix d'exercice restera inchangé à 0,50 $ par bon.

Eagle Royalties Ltd. (CSE:ER.CN) hat die Genehmigung der Canadian Securities Exchange erhalten, die Bedingungen von 5.005.998 ausstehenden Kaufoptionen auf Stammaktien zu ändern. Diese Optionen wurden ursprünglich im Rahmen einer nicht vermittelten Privatplatzierung im Mai 2023 ausgegeben. Das Unternehmen wird das Verfallsdatum der Optionen um 12 Monate verlängern, von 19. Mai 2025 auf 19. Mai 2026. Der Ausübungspreis bleibt unverändert bei 0,50 $ pro Option.

Positive
  • None.
Negative
  • Warrant extension could indicate challenges in raising capital at current market conditions

CRANBROOK, BC / ACCESS Newswire / May 15, 2025 / Eagle Royalties Ltd. (CSE:ER.CN) ("Eagle Royalties") has received approval from the Canadian Securities Exchange to amend the term of 5,005,998 outstanding common share purchase warrants which were issued in connection with a non-brokered private placement completed in May 2023. The warrants have a current expiry date of May 19, 2025.

Eagle Royalties has applied to extend the expiry date for an additional 12 months to a revised date of May 19th, 2026. The exercise price of the warrants will remain unchanged, at $0.50 per warrant.

About Eagle Royalties Ltd.

Eagle Royalties benefits from maintaining a strong treasury and holds a diverse portfolio of over 35 royalty interests in western Canada. Target commodities subject to royalties include a broad spectrum including critical metals, precious metals, industrial minerals and diamonds. Its flagship royalty is associated with the AurMac Project located in Yukon, operated by Banyan Gold Corp. Eagle Royalties holds royalty interests ranging from 0.5% to 2% on claims that contain a significant portion of AurMac's inferred gold resource located at the Powerline and Airstrip deposit areas. Eagle Royalties also holds royalty interests on a number of historical base metal deposits located in Western Canada.

On behalf of the Board of Directors

"Tim J. Termuende"
President and CEO

For further information regarding ER, please contact Mike Labach, Business Development Officer, at
1 866 HUNT ORE (486 8673)
Email: info@eagleroyalties.com or visit our website at https://www.eagleroyalties.com/

Cautionary Note Regarding Forward-Looking Statements

Neither the CSE nor any other regulatory body has reviewed or approved the contents of this news release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

SOURCE: Eagle Royalties Ltd.



View the original press release on ACCESS Newswire

FAQ

What changes did Eagle Royalties (ERYTF) make to its warrants in May 2025?

Eagle Royalties extended the expiry date of 5,005,998 warrants by 12 months, from May 19, 2025 to May 19, 2026, while maintaining the exercise price at $0.50 per warrant.

How many warrants were affected by Eagle Royalties' warrant extension?

The warrant extension affected 5,005,998 outstanding common share purchase warrants that were originally issued in May 2023.

What is the new exercise price for Eagle Royalties' extended warrants?

The exercise price remains unchanged at $0.50 per warrant.

When were the original warrants issued by Eagle Royalties (ERYTF)?

The warrants were originally issued in connection with a non-brokered private placement completed in May 2023.
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